Do not proceed with any action relating to a potential auction of financial trading contracts.  You will need to have the process approved internally, with the creditors' committee and by our bankruptcy lawyers.

I have copies of "processes" which were implemented by the physical power group which you may want to see and use as a template.

Mike:  the "teaser letter" has not been approved by Weil and we will need approvals before we can go forward.

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX  77002
Ph:  (713) 853-5620
Fax: (713) 646-3490