Allegheny Energy Supply Company, LLC

We have received an executed Master Agreement:

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

Effective Date: March 19, 2001

Enron Entity: Enron North America Corp.

Counterparty: Allegheny Energy Supply Company, LLC

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

Confirming Entity: Enron North America Corp.

Governing Law: New York

CONFIRMATIONS: There is a special form of confirmation that should be used
for all online and offline transactions.

RESTRICTIONS: This is a TEMPORARY bridge master agreement until we can get a
new ISDA Master Agreement in place. In a side letter agreement dated
3/19/01, the parties have adopted the Merrill Lynch Capital Services, Inc.
ISDA Master Agreement dated 12/02/92, in effect changing the names of the
parties and certain credit terms.