James,

Further to our conversation, please see the attached GISB draft for your
review. I understand this will be for short term deals (30 days or less)
and delivery in the United States.

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