Dear Tom and Ron, 

Attached please find the revised EEI Cover Sheet which hopefully captures all 
the modifications agreed between SMUD and Enron. I have blacklined in all the 
modifications for ease of reference.  Please let me know if I have overlooked 
something. 

The Amendment Agreement for the ISDA should be coming shortly from my 
colleague, Carol St. Clair. 

Please let me know if you have any comments to the EEI. 

Thanks!  

Shari Stack
Enron North America, Legal Department
Tel: (713) 853-9477