We have received the executed Assignment and Novation of Transactions dated
June 28, 2000 wherein Statoil Energy Trading, Inc. ("Assignor") assigned its
interest in certain natural gas wholesale and derivatives transactions with
Enron North America Corp. to J. Aron & Company ("Assignee").

A copy of the trades being assigned is attached to the assignment which will
be distributed to the usual distribution group, plus Bob Klein.