Exchange rest of month for rate 11

John, as per your discussion with Kate here are the GJ's that we will sell to you each day from June 7 to June 30 as part of the balancing of Enron Directs rate 11 accounts with ATCO. As I understand this will be sold at AECO daily index with no fees attached and will be exchanged with ECC rather than transfer from our account.

The following is the GJ's that need to be exchanged (sold):

Daily Vol # of Days Total
Account 480 Rate 11 ACTO North 29 24 696
Account 481 Rate 11 ACTO South 22 24 528
Total 51 24 1,224

Can I get a confirmation that deal was executed.

If there are any questions please give me a call.

I'll call Coreen to discuss how to change the nomination with Mel.

Thanks

Randel Dalgleish
(403) 663-2807
(403) 663-2899 Fax