Good Afternoon Sara,

I have had an opportunity to review this counterparty and have the following 
information for you. Here is a list of the current trades (Interest Rate 
Swaps) for ETOL.



I am attaching the only confirmation that was created and amended for ETOL. 
It is in the name of RMT.

Please call or e-mail me should you require any additional information.

Regards,

Jorge




From: Sara Shackleton@ECT on 05/17/2001 02:51 PM
To: Susan Bailey/HOU/ECT@ECT, Rod Nelson/LON/ECT@ECT
cc: Karolina Moran/LON/ECT@ECT, Jorge A Garcia/NA/Enron@Enron, Rhett 
Jackson/Enron@EnronXGate 

Subject: Enron Teeside Operating Limited ("ETOL")

Susan:

Rod or Karolina will prepare a credit worksheet for an ISDA Master Agreement 
between ETOL and RMT.  Jorge has a 3-year rate swap awaiting documentation.

Rod/Karolina:  Is there any reason to not use RMT?  Is an ETOL sell-off 
imminent?  If so, would it be in the near term?

Rhett:  If an ETOL sell-off (in whole or part) is imminent, should the deal 
be booked in ENA rather than RMT?

Jorge:  The transaction confirm should be an ISDA format.  Also, please 
verify whether any ETOL deals are on ENA/RMT books and the remaining terms

Thanks..


Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com