SoCal Edison - Margin Call - Proposed Trust Agreement

----- Forwarded by Elizabeth Sager/HOU/ECT on 06/11/2001 10:49 AM -----

Edward Sacks/ENRON@enronXgate 06/11/2001 07:06 AM To: Elizabeth Sager/HOU/ECT@ECT, William S Bradford/ENRON@enronXgate, Tracy Ngo/ENRON@enronXgate cc: Veronica Gonzalez/ENRON@enronXgate Subject: SoCal Edison - Margin Call - Proposed Trust Agreement

SoCal may have some issues providing margin in the form of L/Cs and cash due to bank and forbearance restricitions. Attached is a proposal to provide collateral through a Trust Acct structure. Please review.

Ed Sacks

-----Original Message-----
From: Benny.Wu@sce.com@ENRON [mailto:IMCEANOTES-Benny+2EWu+40sce+2Ecom+40ENRON@ENRON.com]
Sent: Friday, June 08, 2001 7:13 PM
To: Sacks, Edward
Cc: Jill.Horswell@sce.com
Subject: SCE proposed Trust Agreement

Mr. Sacks

Here's the SCE proposed Trust Agreement for your review. Please note that
it is in DRAFT form subject to changes.

(See attached file: Enron Trust.doc)

We will be contacting you on Monday for your response.

Thanks...

Benny Wu
Southern California Edison Company
Phone 626-302-3230
Fax 626-302-3254
- Enron Trust.doc