Judy,

As discussed, please see the attached GISB draft for your review. Please do
not hesitate to contact me with any questions or comments regarding this
draft.

Regards,
Debra Perlingiere
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax 713-646-3490