We have received the following executed financial Master Agreement:

Type of Contract:		ISDA Master Agreement (Multicurrency-Cross Border)

Effective Date:			July 10, 2001

Enron Entity:			Enron North America Corp.

Counterparty:			Quark Power LLC

Transactions Covered:		Approved for all products with the exception of:  Foreign Exchange

Confirming Entity:		Enron North America Corp.

Choice of Law:			New York


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