Attached are our redlined comments and open item list with respect to the 
Master ISDA.  It is my understanding we will discuss also the guaranty and 
opinion matters tomorrow.  Thank you.  Mary




Enron North America Corp.
Mary Cook
1400 Smith, 38th Floor, Legal
Houston, Texas   77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com