Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 06/22/2000 06:46 PM -----

	Gaurav Babbar
	06/22/2000 06:30 PM
		 
		 To: david.hoog@ace-ina.com, Bill Windle/Corp/Enron@Enron, Leslie 
Hansen/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT
		 cc: 
		 Subject: Exhibit 2

The attached  exhibit details the procedures for issuance of the certificates 
and the premiums.

Gaurav