Melissa:

I finally reached Tom Seligson and he will change the guaranty (below) to add 
that ENA may assign the guaranty to any affiliate without the approval of the 
guarantor.

The remaining issue is whether to confirm on our omnibus or create a confirm 
and adopt by reference the provisions of the Alcoa Inc./ENA master.  I have 
left Ed Sacks a message.  Sara

ps  I will be out of the office on Dec. 7,8



	Melissa Ann Murphy
	12/05/2000 08:48 AM
		 
		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: 
		 Subject: Alcoa Parental Guaranty

Hello,  Jim Nixon from Alcoa sent me the attachment below.

Let me know if I can do anything else to help.

Thanks,
Melissa
---------------------- Forwarded by Melissa Ann Murphy/HOU/ECT on 12/05/2000 
07:46 AM ---------------------------


"Nixon, James C." <James.Nixon@alcoa.com> on 12/04/2000 07:12:33 PM
To: "'Melissa.Ann.Murphy@enron.com'" <Melissa.Ann.Murphy@enron.com>
cc:  
Subject: Alcoa Parental Guaranty


Melissa;  Our Lawyer (Tom Seligson) has suggested the included changes.

 <<Alcoa Guarantee - Enron>>

 - Alcoa Guarantee - Enron.doc