We have received an executed First Amendment to Master Agreement, effective 
as of March 12, 2001, between Mirant Americas Energy Marketing, LP (f/k/a 
Southern Company Energy Marketing, LP) ("Mirant") and Enron North America 
Corp. (f/k/a Enron Capital & Trade Resources Corp. and Enron Risk Management 
Services Corp.) ("ENA"), which replaces the former names of both Mirant and 
ENA with their current names and replaces Mirant's Guarantor, now Mirant 
Corporation.

We have also received an executed Guarantee Agreement, effective as of March 
13, 2001, from Mirant Corporation, which replaces the previous Guaranty from 
Vastar Resources, Inc.

Copies will be distributed.

Stephanie Panus