---------------------- Forwarded by Sara Shackleton/HOU/ECT on 03/24/2000 
04:04 PM ---------------------------


Brent Hendry@ENRON_DEVELOPMENT
03/23/2000 12:59 PM
To: Joe Kishkill/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Don 
Black/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Federico 
Cerisoli/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: John Novak/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sara 
Shackleton@ENRON_DEVELOPMENT, Sheetal Patel@ECT, Susan Bailey/HOU/ECT@ECT, 
Jana Morse/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT 
Subject: TBS WTI Swap

Don, the ENA WTI swap which you booked for TBS needs to be rebooked into 
another entity which is totally controlled by Enron.  John Novak and I 
thought that perhaps the most appropriate entity would be Enron South America 
LLC.  Please confirm if this is the entity you want the trade booked with.  
If so, you will need to have John Mee prepare an amended deal ticket.  

Joe, can you confirm that Enron South America LLC is an eligible swap 
counterparty (1mm in net worth or 10mm in assets)?  

If anyone else has any questions, comments or issues please respond as 
quickly as possible.  This deal was closed on January 13 and needs to be 
documented.  

Thanks,
Brent