Letter Agreement and Escrow Agreement

From: chris.booth@enron.com

To: andrea.m.maher@citi.com

Subject: Letter Agreement and Escrow Agreement

Cc: kay.mann@enron.com, jkeffer@kslaw.com, ben.jacoby@enron.com,michael.young@northwestern.com, margueritekahn@paulhastings.com

Bcc: kay.mann@enron.com, jkeffer@kslaw.com, ben.jacoby@enron.com,michael.young@northwestern.com, margueritekahn@paulhastings.com

Date: Tue, 22 May 2001 01:31:00 -0700 (PDT)

Andrea,

Thank you for sending the schedule of fees, investment options, appropriate
tax forms and Incumbency Certificate
for establishing the new account. Per your request, I have attached the
escrow agreement and Letter Agreement for your review.

Please feel free to contact me 713 345-3346 should you have any questions or
concerns.

Regards,

Chris Booth