Peter,

Based on our telephone conversation of Wednesday, October 10, 2001 Enron Energy Services, Inc. has agreed to pay a price of $32.50/MWh for January 2001 production from the Badlands Landfill generation facility.  The total production for January 2001 from the Badlands Landfill generation facility is 151.579 MWh's.  

Upon receipt of your invoice for January 2001, Pam Carter, Enron Energy Services, Inc. will remit payment to Riverside County Waste Management Department.

Thanks for you patience.

Regards,

Richard Ring