To update you on the status of this customer.  With regards to the Master 
Agreement, we await their response regarding two points in the Guaranty.  
Concerning the GISB, at their request I have e-mailed again our draft.



Debra Perlingiere
Enron North America Corp.
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax  713-646-3490