ISDA alternate language

From: esmeralda.gonzalez@enron.com

To: mike.smith@enron.com, e..haedicke@enron.com, alan.aronowitz@enron.com,elizabeth.sager@enron.com, james.keller@enron.com, peter.keohane@enron.com, justin.boyd@enron.com, sami.arap@enron.com, t..hodge@enron.com, carol.st.@enron.com

Subject: ISDA alternate language

Cc: mary.cook@enron.com

Bcc: mary.cook@enron.com

Date: Tue, 2 Oct 2001 13:14:15 -0700 (PDT)

Please see attached new ISDA alternate language concerning calculations upon early termination.

Sent on behalf of Mary H. Cook

Esmeralda Gonzalez
Enron North America Corp. - Legal
1400 Smith Street, EB3815
Houston, Texas 77002
E-mail: Esmeralda.Gonzalez@enron.com
Phone: 713.345.7621
Fax: 713.646.3393