If at all possible, I would really appreciate postponing the tax discussion 
until your next swap group meeting, which I think is in 2 weeks.  I have 
other projects that I have to work on tonight and will not get the 
opportunity to prepare a presentation for the group before the meeting.  I 
really appreciate your asking me to speak to the group and also (hopefully) 
your understanding and patience in postponing the tax discussion.  

Best regards,
Susan

 -----Original Message-----
From:  Shackleton, Sara  
Sent: Tuesday, March 20, 2001 6:18 PM
To: Musch, Susan
Subject: Copy of ISDA Schedule (internal "form")

Susan:  This may look confusing!  It contains all of our "choices" for 
preparing the documents.  See Part 2 (Tax Reps) and the end of the document 
which has our "choices" of tax forms.

I thought it might be helpful to be very basic about withholding issues, 
etc., why we need the tax reps, and what questions we could ask upfront about 
a party that would help us select an appropriate tax module.  We tend to not 
"think" and expect a party "fill in the blank" when we are preparing draft 
documents.


 << File: isda-schedule(multicurrency02-14-01).doc >> 


Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com