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Return-Receipt-To: "Heard, Marie" <Marie.Heard@ENRON.com>
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Disposition-Notification-To: "Heard, Marie" <Marie.Heard@ENRON.com>
Subject: Assignment of Convertible Book
Date: Fri, 26 Oct 2001 09:42:33 -0500
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From: "Heard, Marie" <Marie.Heard@ENRON.com>
To: <joe.arens@gs.com>
Cc: "Brogan, Theresa T." <Theresa.T.Brogan@ENRON.com>
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Mr. Arens:

Pursuant to Theresa Brogan's request, we have prepared and attach for
your review a draft Assignment and Assumption Agreement among Enron
North America Corp. ("ENA"), ECT Investments, Inc. ("ECTI") and Morgan
Stanley & Co. Incorporated ("Morgan") whereby ENA assigns all its
rights, title, interests and obligations in Account Nos. 002-070076,
002-257830 and 033-671710 to ECTI.  Please let me know if the attached
documents are acceptable and we will process for signature.

Thank you.

Marie Heard
Senior Legal Specialist
Enron North America Corp.
Phone:  (713) 853-3907
Fax:  (713) 646-3490
marie.heard@enron.com


				 <<014assign(goldman sachs).doc>>



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 - 014assign(goldman sachs).doc