The referenced committee is working on form language on items such as setoff 
and events of default to conform across all products.  I just wanted to give 
you a heads up with respect to online matters that the expectations appear to 
be that as finalized the language will need to be included in all online 
materials.


Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas   77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com