Jeff:

Here are the draft definitions and the list of which companies are to review 
which definitions.  They have asked for our comments by the 15th (next 
Wednesday).  Please let me know if you have any questions.

Thanks!

Mark
---------------------- Forwarded by Mark Taylor/HOU/ECT on 12/07/99 08:51 AM 
---------------------------


Corrinne Greasley <CGREASLEY@isda.org> on 12/01/99 10:26:23 AM
To: "'bobna@crt.com'" <bobna@crt.com>, "'simon.smith@eastern.co.uk'" 
<simon.smith@eastern.co.uk>, Mark Taylor/HOU/ECT@ECT, Mark E 
Haedicke/HOU/ECT@ECT, "'patricia.hogan@gs.com'" <patricia.hogan@gs.com>, 
"'prince.keir@gs.com'" <prince.keir@gs.com>, "'ccerria@hess.com'" 
<ccerria@hess.com>, "'MacraeE@mbcl.co.uk'" <MacraeE@mbcl.co.uk>, 
"'roffeym@mbcl.co.uk'" <roffeym@mbcl.co.uk>, "'bmccoy@ms.com'" 
<bmccoy@ms.com>, "'rita.pearson-schwandt@energie.rwe.de'" 
<rita.pearson-schwandt@energie.rwe.de>, "'dbf@vitol.com'" <dbf@vitol.com>, 
"'edmund.ha@ontariopowergeneration.com'" 
<edmund.ha@ontariopowergeneration.com>, 
"'joseph.campos@ontariopowergeneration.com'" 
<joseph.campos@ontariopowergeneration.com>, "'lmcmurray@exchange.ml.com'" 
<lmcmurray@exchange.ml.com>
cc: Robert Pickel <RPICKEL@isda.org>,  "', kellis@cravath.com'"  <>, 
kellis@cravath.com 
Subject: Draft of the Supplement to the 1993 Commodity Derivatives Definit 
ions




Attached please find the most recent draft of the 1999 Supplement to the
1993 Commodity Derivatives Definitions to be used in preparation for the
telephone conference call scheduled for 11am New York time, tomorrow
December 2, 1999.   You do not need to review this draft prior to the call.
It will serve as the basis of dividing up the rates for final review.  The
introduction and practice note will follow shortly.

Thanks again for your assistance in this project.


Bob Pickel
General Counsel


 <<supp1130a.doc>>





 - supp1130a.doc
---------------------- Forwarded by Mark Taylor/HOU/ECT on 12/07/99 08:51 AM 
---------------------------


Corrinne Greasley <CGREASLEY@isda.org> on 12/02/99 06:08:25 PM
To: "'bobna@crt.com'" <bobna@crt.com>, "'simon.smith@eastern.co.uk'" 
<simon.smith@eastern.co.uk>, Mark Taylor/HOU/ECT@ECT, Mark E 
Haedicke/HOU/ECT@ECT, "'patricia.hogan@gs.com'" <patricia.hogan@gs.com>, 
"'prince.keir@gs.com'" <prince.keir@gs.com>, "'ccerria@hess.com'" 
<ccerria@hess.com>, "'MacraeE@mbcl.co.uk'" <MacraeE@mbcl.co.uk>, 
"'roffeym@mbcl.co.uk'" <roffeym@mbcl.co.uk>, "'bmccoy@ms.com'" 
<bmccoy@ms.com>, "'rita.pearson-schwandt@energie.rwe.de'" 
<rita.pearson-schwandt@energie.rwe.de>, "'dbf@vitol.com'" <dbf@vitol.com>, 
"'edmund.ha@ontariopowergeneration.com'" 
<edmund.ha@ontariopowergeneration.com>, 
"'joseph.campos@ontariopowergeneration.com'" 
<joseph.campos@ontariopowergeneration.com>, "'lmcmurray@exchange.ml.com'" 
<lmcmurray@exchange.ml.com>, "'adele.raspe2@pseg.com'" 
<adele.raspe2@pseg.com>, "'shindlg@phibro.com'" <shindlg@phibro.com>
cc: Kianga Ellis <kellis@cravath.com>, Robert Pickel <RPICKEL@isda.org> 
Subject: 1999 Supplement to the 1993 Commodity Derivatives Definitions




Following our telephone conference call today a list of the commodities and
firms which will be responsible for verifying the associated Reference Price
Source has been prepared (see enerlist.xls attached).  This file also
contains the telephone, fax and e-mail details of all the participants in
this project.  As requested a blacklined copy of the last several sections
of the draft  Supplement will be sent to everyone on Monday, December 6,
1999.

Please send all price source changes, amendments or updates along with
comments on the Introduction and Practice Note to Kianga Ellis at Cravath,
Swaine & Moore by fax on 212 474 3700 by December 15, 1999 with a copy to
me.  After all the changes have be complied consideration will be given to
rearranging some of the reference price sources by region or product as was
suggested at the meeting today.

If you encounter any problems opening the file please contact Corrinne
Greasley by e-mail (cgreasley@isda.org) or by telephone on 212 332 1200 and
a copy will be sent to you by fax.

If you have any questions or comments I can be reached by email at
rpickel@isda.org or by telephone on 212 332 1200.

Thanks again for your assistance in this project.


Robert Pickel
General Counsel



 <<enerlist.xls>>

 - enerlist.xls