Below are examples of notices received from ENA's Legal Department when 
ISDA's or related documents are signed.
These notices are very effective.

I recommend that the Australia financial Global Contracts group work with 
their legal team to adopt a similar notification method. 
Please let me know your thoughts.



---------------------- Forwarded by Karen Lambert/HOU/ECT on 08/23/2000 03:01 
PM ---------------------------
From: Tana Jones on 08/04/2000 05:14 PM
To: Bob Bowen/HOU/ECT@ECT, Jefferson D Sorenson/HOU/ECT@ECT, Laurel 
Adams/HOU/ECT@ECT, Andrea R Guillen/HOU/ECT@ECT, Willie Harrell/HOU/ECT@ECT, 
Larry Joe Hunter/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT, Chris 
Walker/HOU/ECT@ECT, David P Dupre/HOU/ECT@ECT, Pamela Sonnier/HOU/ECT@ECT, 
Jarrod Cyprow/HOU/ECT@ECT, Sheetal Patel/HOU/ECT@ECT, Gordon 
Heaney/Corp/Enron@ENRON, Souad Mahmassani/Corp/Enron@ENRON, William S 
Bradford/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Nidia 
Mendoza/HOU/ECT@ECT, Tanya Rohauer/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Rod 
Nelson/LON/ECT@ECT, Tracy Ngo/HOU/ECT@ECT, John Suttle/HOU/ECT@ECT, Lesli 
Campbell/HOU/ECT@ECT, Molly Harris/HOU/ECT@ECT, Veronica 
Espinoza/Corp/Enron@ENRON, Paul Radous/Corp/Enron@ENRON, Wendi 
LeBrocq/Corp/Enron@Enron, Brad Schneider/Corp/Enron@Enron, Brent 
Hendry/NA/Enron@Enron, Sara Shackleton/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, 
Carol St Clair/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, 
Samantha Boyd/NA/Enron@Enron, Robert Bruce/NA/Enron@Enron, Mary 
Solmonson/HOU/ECT@ECT, Marilyn Colbert/HOU/ECT@ECT, Yolanda 
Cordova-Gilbert/HOU/ECT@ECT, Diane Ellstrom/HOU/ECT@ECT, Lynn E 
Shivers/HOU/ECT@ECT, Bill D Hare/HOU/ECT@ect, Leslie Reeves/HOU/ECT@ECT, 
Jason Moore/HOU/ECT@ECT, Dianne Seib/CAL/ECT@ECT, Samuel Schott/HOU/ECT@ECT, 
Anthony Campos/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Mary G 
Gosnell/HOU/ECT@ECT, Dale Neuner/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, 
Frank L Davis/HOU/ECT@ECT, Carrie Southard/HOU/ECT@ECT, Amber 
Ebow/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON, Melissa Ann 
Murphy/HOU/ECT@ECT, Stacey Richardson/HOU/ECT@ECT, Bridgette 
Anderson/Corp/Enron@ENRON, John Malowney/HOU/ECT@ECT
cc:  
Subject: Bellingham Cold Storage Co.


We have received the following executed Master Agreement:

Type of Contract:  ISDA Master Agreement (Multicurrency-Cross Border)

Effective Date:   July 28, 2000

Enron Entity:   Enron North America Corp.

Counterparty:   Bellingham Cold Storage Co.

Transactions Covered:  Approved for all products with the exception of:  
Foreign Exchange

---------------------- Forwarded by Karen Lambert/HOU/ECT on 08/23/2000 03:01 
PM ---------------------------
From: Tana Jones on 08/17/2000 02:53 PM
To: Bob Bowen/HOU/ECT@ECT, Jefferson D Sorenson/HOU/ECT@ECT, Laurel 
Adams/HOU/ECT@ECT, Andrea R Guillen/HOU/ECT@ECT, Willie Harrell/HOU/ECT@ECT, 
Larry Joe Hunter/HOU/ECT@ECT, Melba Lozano/HOU/ECT@ECT, Chris 
Walker/HOU/ECT@ECT, David P Dupre/HOU/ECT@ECT, Pamela Sonnier/HOU/ECT@ECT, 
Jarrod Cyprow/HOU/ECT@ECT, Sheetal Patel/HOU/ECT@ECT, Gordon 
Heaney/Corp/Enron@ENRON, Souad Mahmassani/Corp/Enron@ENRON, William S 
Bradford/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Nidia 
Mendoza/HOU/ECT@ECT, Tanya Rohauer/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Rod 
Nelson/LON/ECT@ECT, Tracy Ngo/PDX/ECT@ECT, John Suttle/HOU/ECT@ECT, Lesli 
Campbell/HOU/ECT@ECT, Molly Harris/HOU/ECT@ECT, Veronica 
Espinoza/Corp/Enron@ENRON, Paul Radous/Corp/Enron@ENRON, Wendi 
LeBrocq/Corp/Enron@Enron, Brad Schneider/Corp/Enron@Enron, Brent 
Hendry/NA/Enron@Enron, Sara Shackleton/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, 
Carol St Clair/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, 
Samantha Boyd/NA/Enron@Enron, Robert Bruce/NA/Enron@Enron, Stephanie 
Panus/NA/Enron@Enron, Mary Solmonson/HOU/ECT@ECT, Marilyn 
Colbert/HOU/ECT@ECT, Diane Ellstrom/HOU/ECT@ECT, Lynn E Shivers/HOU/ECT@ECT, 
Bill D Hare/HOU/ECT@ect, Leslie Reeves/HOU/ECT@ECT, Jason Moore/HOU/ECT@ECT, 
Dianne Seib/CAL/ECT@ECT, Samuel Schott/HOU/ECT@ECT, Anthony 
Campos/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Mary G 
Gosnell/HOU/ECT@ECT, Dale Neuner/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, 
Frank L Davis/HOU/ECT@ECT, Carrie Southard/LON/ECT@ECT, Amber 
Ebow/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON, Melissa Ann 
Murphy/HOU/ECT@ECT, Stacey Richardson/HOU/ECT@ECT, Bridgette 
Anderson/Corp/Enron@ENRON
cc:  
Subject: Forcenergy Inc.

We have received the First Amendment to ISDA Master Agreement dated  as of 
July 1, 2000 ("Amendment").  This Amendment (1) amends Counterparty's 
Threshold under the Credit Suport Annex, (2) exempts certain Transactions 
when determining "Exposure" under the ISDA Master Agreement, and (3) changes 
the Fixed Price with respect to the "Exempt Transactions" reflected in the 
Amendment.

Copies will be distributed.