FYI only - no response required
Please advise if I'm copying you on too many "equity related" emails.  
Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 12/18/2000 05:38 PM -----

	Jeff Nogid
	12/18/2000 05:32 PM
		 
		 To: Shackleton Sara
		 cc: 
		 Subject: Equity Swap Roll




Jeff Nogid
Enron Global Finance
713-853-4782
----- Forwarded by Jeff Nogid/HOU/ECT on 12/18/00 05:28 PM -----

	Christine.Lee@ubsw.com
	12/18/00 04:56 PM
		 
		 To: jeff.nogid@enron.com
		 cc: 
		 Subject: Equity Swap Roll


     Jeff,

     We rolled the equity swap today with the following terms:

     Trade Date:                December 18, 2000
     Maturity Date:             June 18, 2001
     Reset Date:                March 19, 2001
     Initial Equity:            $79.5625
     LIBOR:                     6.53625%
     Spread:                    0.90%
     Expected Div Rebate:       0.6215%
     All in Rate:               6.81475%
     # of Shares:               205,000

     Please call me if you have any questions.

     Regards,
     Christine


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