Coral

Tom -

Attached are revised and clean versions of the Beta Agreement for Coral. I
placed a call to Coral to confirm that I have the proper entity listed, but
have not yet heard from Ms. Reynaud.

Also, in making the revisions, you will note that I have kept the concept of
the Electronic Agreements. This has been retained so that it is clear, as
stated in Paragraph 1 (to which Coral had no objections), that any use of a
production version of the system will be subject to "Electronic Agreements."
The BETA does not tie to these documents anymore, which is the point I
believe Coral had.

Please take a look over the attached. If you should have any questions or
need anything further, please let me know.

Mark
Senior Counsel, ENA
Phone: 713-345-8897
Facsimile: 713-646-3940
E-Mail: Mark.Greenberg@enron.com