---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 02/07/2000
02:08 PM ---------------------------

"Julie Haviland" <julie.haviland@PaineWebber.COM< on 02/07/2000 11:33:00 AM
To: "'vkamins@enron.com'" <vkamins@enron.com<
cc:
Subject:

The muni bond that we bought today is the following:

Grant Co. Washington
Coupon 5.875%
Due 01/01/31
Callable: 01/01/06 at 102.00
YTM: 6.25%

I have already put a copy of your grant summary in the mail.

If you have any questions, please call me at (713) 654-0324.

Thanks, Julie