Re: James Hardie ISDA Master

herewith??

From: Tana Jones on 08/23/2000 11:25 AM
To: jstoner@gdclaw.com
cc: Sara Shackleton/HOU/ECT@ECT, Stephanie Panus/NA/Enron@Enron, Tanya
Rohauer/HOU/ECT@ECT, Kevin Cordesman/HOU/ECT@ECT
Subject: James Hardie ISDA Master

At the request of Sara Shackleton, I am attaching a clean and blacklined
draft of the Schedule and Credit Support Annex to the referenced ISDA Master
Agreement. Can you please provide or confirm the following information: (1)
since the Counterparty is Australian, I have added the Counterparty's ACN
Number to the document. Can you please provide that number to us. (2) Can
you take a look at the definition of "Obligors" in the Credit Support Annex
and let us know if it references the correct Obligors under the Loan
Agreement.

Since I will not be in the office this afternoon, can you please call Sara at
(713) 853-5620 or Stephanie Panus at (713) 345-3249 with your comments.
Thanks for your attention herewith.