Pursuant to Sara Shackleton's request, I am attaching a memo that I prepared 
in April, 2000 regarding procedures for opening brokerage accounts.

Please do not hesitate to contact either Sara at x35620 or me with any 
questions.

Marie Heard
Senior Legal Specialist
Enron North America Corp.
Phone:  (713) 853-3907
Fax:  (713) 646-3490
Marie.Heard@Enron.com