We have received copies of a Certificate of Merger filed with the Delaware 
Secretary of State on 12/22/00, effective 12/31/00, wherein El Paso Merchant 
Energy-Gas, L.P. (Global Counterparty #72297), a Delaware limited 
partnership, merged with and into El Paso Merchant Energy, L.P. (Global 
Counterparty #53350), a Delaware limited partnership, with El Paso Merchant 
Energy, L.P. (Global Counterparty #53350) as the surviving corporation.

By virtue of this merger, the ISDA Master Agreement dated 12/01/99 should now 
reflect El Paso Merchant Energy, L.P. as the Counterparty.  In connection 
with this merger, Credit will be getting a new parent guaranty from the 
Counterparty.  Upon its receipt, copies will be distributed.

Copies of the Certificate of Merger will be distributed.