Enclosed is a revised draft of the policy without any modifications on the 
exclusions as this is an area that ACE is apparently continuing to develop.  
As I mentioned yesterday, we will talk with you about this on Monday at 
1(Houston time).  Our commercial team would then like to have a call with ACE 
sometime after our call to talk about exclusions, subrogation rights and 
matters relating to books and records that are addressed in the policy.  I 
don't think that all of you need to be on this call but was wondering if any 
of you would be available for this call.  Please let me know.

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
----- Forwarded by Carol St Clair/HOU/ECT on 06/02/2000 03:37 PM -----

	Bill Windle@ENRON
	06/02/2000 12:22 PM
		 
		 To: Leslie Hansen/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, Elizabeth 
Sager/HOU/ECT@ECT, Gaurav Babbar/HOU/ECT@ECT
		 cc: 
		 Subject: pollicy

It's finally here...

---------------------- Forwarded by Bill Windle/Corp/Enron on 06/02/2000 
12:20 PM ---------------------------


"Hoog, David T TL16" <David.Hoog@ACE-INA.com> on 06/02/2000 11:53:08 AM
To: "'Bill.Windle@enron.com'" <Bill.Windle@enron.com>
cc:  

Subject: pollicy


here is a redlined version from the previous draft.  i'm giving you this to
highlight what changed, but you may want to just "Accept all changes" to
have a fresh copy to look at.  this still has some things to work on, so let
your counsel know that.  let me know when we can meet monday or tuesday.

 <<EnronPolicyRed.doc>>

 - EnronPolicyRed.doc