Master Services Agreement Presentation

From: thomas.reichelderfer@enron.com

To: robin.kittel@enron.com, joe.allen@enron.com, paul.kaufman@enron.com,aleck.dadson@enron.com, janine.migden@enron.com, steve.montovano@enron.com, jeff.dasovich@enron.com

Subject: Master Services Agreement Presentation

Cc: richard.shapiro@enron.com, ginger.dernehl@enron.com

Bcc: richard.shapiro@enron.com, ginger.dernehl@enron.com

Date: Tue, 25 Apr 2000 11:46:00 -0700 (PDT)

Attached is a presentation we did for the ResCo management team which
discusses the Master Services Agreement. Ginger will fax to you tomorrow the
additional information discussed by Rick on the conference call. Thanks.

TSR