Re: Swaps Monitor Research.

Vince,

I reviewed all information available on the web site. There is a template
that shows what kind of data SwapsMonitor provides on commodities, but
unfortunately this template is a blank one and no example of the table given.
To receive any actual data we have to subscribe to their service ($200 -
single delivery, $300 - annual subscription).

Below is the template that given for commodity derivatives:

The data in this database is derived from audited financial statements,
regulatory filings, reports to shareholders.

I will be glad to write a summary report.

Sincerely,
Elena

Vince J Kaminski@ECT
10/12/2000 03:47 PM
To: Elena Chilkina/Corp/Enron@Enron
cc: Vince J Kaminski/HOU/ECT@ECT, Mike A Roberts/HOU/ECT@ECT

Subject: Swaps Monitor Research.

Elena,

Please, review the energy related info in this database (if any) and talk to
me
about it.

I would like to do some research in this area and ask you to write a summary
report.
Nothing urgent.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/12/2000
03:52 PM ---------------------------

Andrei Osonenko <andrei@swapsmonitor.com< on 10/11/2000 04:26:38 PM
To: (Recipient list suppressed)
cc:
Subject: Swaps Monitor Research.

We have today published information about the OTC derivative activities of
the largest Dutch dealers. This research is contained in the attached pdf
file.

Through our web site, SwapsMonitor.com, you can obtain additional information
about OTC derivatives dealers, including rankings and a database of
outstandings going back to 1994.

As an e-mail subscriber to our research, you will automatically receive all
free research at the same time it is placed on our web site. If you wish to
remove your name from the e-mailing list, please use the Reply feature of
your e-mail application and type the word "Remove" in the subject line.

Regards,

- dutch_dealers.pdf
Andrei Osonenko
Research Department