Central Bank Agreement

This is the sponsor undertakings which we commonly refer to as the Central
Bank Indemnity.
---------------------- Forwarded by Rob G Gay/NA/Enron on 12/20/2000 09:51 AM
---------------------------

"RACITI, Melissa" <melissa.raciti@freshfields.com< on 11/08/2000 11:07:55 AM
To: acestero@velaw.com, "Adriana Mathias Baptista (E-mail)"
<amb@tfts.tozzini.com.br<, af@tozzini.com.br, alejandra.arze@citicorp.com,
ameyer@mmso.com.br, "Ana beatriz kesselring"
<ana.beatriz.kesselring@bakernet.com<, "Ana Silvia Dias"
<ana.silvia.dias@bakernet.com<, "Anabela de Oliveira"
<Anabela.DeOliveira@chadbourne.com<, anakarinasouza@mmso.com.br, "Analia
Miqueri (BFM&L) (E-mail)" <am@bfmyl.com.ar<, "Anamaria Rosenthal"
<anamaria.rosenthal@bakernet.com<, "Andrea Gavino (E-mail)"
<Andrea.Gavino@enron.com<, andrea.arze@citicorp.com, "Andreia Almeida"
<andreia.almeida@enron.com<, "Andrew Pierrie (E-mail)"
<ayp@dentonwildesapte.com<, "Barbara Boehm" <bboeh@opic.gov<,
barry.k.pettifor@uk.pwcglobal.com, bbilger@velaw.com, "Beatriz Mello"
<beatriz.mello@bakernet.com<, "Blanca Bollom" <blanca.bollom@enron.com<,
"Bradley Barta" <bradley.barta@stoneweb.com<, brian.gilbertson@stoneweb.com,
"BURKE, Ted (TDB)" <ted.burke@freshfields.com<, caio@mmso.com.br, "Carolina
Galvao" <carolinagalvao@tozzini.com.br<, "Chaim Wachsberger (E-mail)"
<chaim.wachsberger@chadbourne.com<, chris.m.j.dutton@si.shell.com, "Christian
Huizer (E-mail)" <Christiaan.Huizer@enron.com<, "Claudia Bonelli"
<ceb@tozzini.com.br<, claus-michael.koch@kfw.de, "Cliff Rankin"
<crankin@velaw.com<, cuiabaclosing@tozzini.com.br, dalaniz@velaw.com,
"Daniela Serpa" <daniela.serpa@citicorp.com<, "David Schumacher (E-mail)"
<david.schumacher@chadbourne.com<, "Deia Holzmann"
<deia.holzmann@citicorp.com<, "DELPINO, Fiorella"
<fiorella.delpino@freshfields.com<, "ELORZA, Juliana"
<juliana.elorza@freshfields.com<, "Fatima Carr" <fatima.a.carr@bakernet.com<,
"Fernando Aguirre (E-mail)" <faguirre@caoba.entelnet.bo<, "Fernando Rojas
(E-mail)" <fernando@rojas-lawfirm.com<, fferraz@mmso.com.br, "Frank Kluesener
(KfW) (E-mail)" <Frank.Kluesener@kfw.de<, g.g.garcia@enron.com, "gabriela
marques" <gabrielamarques@felsberg.com.br<, gordon.combs@stoneweb.com, "Gra?a
Pedretti" <gracapedretti@felsberg.com.br<, "haloliver@aol.com"
<holiver83@aol.com<, "Heloisa Andrade (E-mail)" <hsfa@tozzini.com.br<,
hercules.celescuekci@bakernet.com, hns@maples.candw.ky, "Ivan Bole (BFM&L)
(E-mail)" <ib@bfmyl.com.ar<, "Javier Errecondo (BFM&L) (E-mail)"
<je@bfmyl.com.ar<, jeff.moore@stoneweb.com, jenp@tozzini.com.br,
jlowenthal@mmso.com.br, "Joana Ryan" <joana.ryan@enron.com<, "Joao Francisco
Regos" <joaofrancisco.regos@bakernet.com<, "John Barquin"
<jbarquin@velaw.com<, "John Novak" <jnovak@enron.com<,
jorge.garoufalias@citicorp.com, "Jose Bestard" <jose.bestard@enron.com<,
"Jos, Roberto Martins" <j.roberto.martins@bakernet.com<, "Juan Carlos Moreno
(E-mail)" <jcmoreno@indacochea.com.bo<, "Karla Wurth (E-mail)"
<kwurth@indacochea.com.bo<, "Karl-Heinz Wellmann (KfW) (E-mail)"
<Karl-Heinz.Wellmann@kfw.de<, kevin.fitzpatrick@stoneweb.com, "Kruskaia
Sierra-Escalante (E-mail)" <kse@chadbourne.com<, "Laine Powell"
<Laine.A.Powell@enron.com<, loftsg@brazil.kben.com, "Louis Piscitelli"
<louis.piscitelli@citicorp.com<, "Maria del Carmen Ballivian (E-mail)"
<mariac@rojas-lawfirm.com<, "Mary Mervenne (E-mail)" <mmerv@opic.gov<,
mbeckworth@velaw.com, mike_g._Bignell@sedgwick.com, "Nancy Rivera (E-mail)"
<nrive@opic.gov<, "O'BRIEN, Lisa" <lisa.o'brien@freshfields.com<, "Pablo
Rojas (E-mail)" <pablo@rojas-lawfirm.com<, pandrade@freshfields.com, "Pedro
Seraphim" <pgs@tozzini.com.br<, qys@ceibo.entelnet.bo, "RACITI, Melissa"
<melissa.raciti@freshfields.com<, "Renata Araujo" <raraujo@velaw.com<,
"Ricardo Indacochea (E-mail)" <rindacochea@indacochea.com.bo<, "Ricardo
Nogueira" <ricardonogueira@felsberg.com.br<, "Ricardo Sanches"
<ricardosanches@felsberg.com.br<, richard.a.lammers@enron.com,
rndr@amcham.com.br, rnovais@mmso.com.br, "Rob Gay" <rob.g.gay@enron.com<,
"Robert Shapiro (E-mail)" <robert.shapiro@chadbourne.com<, "Roberto La Laina
(E-mail)" <rlalaina@tozzini.com.br<, "Rodd Werstil"
<Rodd.Werstil@chadbourne.com<, "Rodrigo Sales (E-mail)"
<Rodrigo.Sales@BakerNet.com<, russell.ridgway@stoneweb.com,
ruth.a.crawford@si.shell.com, sbaratta@sewkis.com, scraw@opic.gov, "SHAKOOR,
Fiona"
<IMCEAEX-_O=FRESHFIELDS_OU=USA-NEW+20YORK_CN=RECIPIENTS_CN=FSHAKOOR@freshfield
s.com<, starry@velaw.com, "Stefan Unna (C&P) (E-mail)"
<stefan.unna@chadbourne.com<, "Stephen Coats" <scoats@velaw.com<,
stephen.gray@enron.com, "Steve Muller" <smiller@velaw.com<,
susan.garven@stoneweb.com, susanna.stern@citicorp.com,
terri.powers@stoneweb.com, "Thomas Felsberg"
<thomasfelsberg@felsberg.com.br<, "Thomas Mahaffey (E-mail)"
<tmaha@opic.gov<, turton@brazil.kben.com
cc:

Subject: Central Bank Agreement

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==================================================

Attached are clean and blacklined copies of the revised execution copy of
the Central Bank Agreement.

Best regards.

- COMPARE001.DOC
- NY003678709.DOC