Can Fibre

Valarie and Monica,

Further to Chris's email below, I wanted to let you know that everything in
his memo is accurate. From my viewpoint, we have complied with all the
procedures necessary to terminate the Agreement with CanFibre and thus I
consider the Agreement to be terminated.

My litigation colleague, Richard Sanders, will be in the Portland office on
Thursday to talk with Tim Belden about the possible risks associated with the
early termination of the Agreement.

Please let me know if you have any questions as to the termination of the
CanFibre Agreement.

Thanks,

Shari Stack
ENA Legal

----- Forwarded by Shari Stack/HOU/ECT on 10/31/2000 05:22 PM -----

Chris H Foster
10/30/2000 04:23 PM

To: Valarie Sabo/PDX/ECT@ECT, Monica Lande/PDX/ECT@ECT
cc: Shari Stack/HOU/ECT@ECT, Tim Belden/HOU/ECT@ECT, Kyle
Gibson/NA/Enron@Enron, Tracy Ngo/PDX/ECT@ECT
Subject: Can Fibre

As indicated on the attached memo, the CanFibre deal is terminated. We no
longer have a forward obligation to serve Can Fibre. Our forward position
reports should no longer reflect a sale to Can Fibre. No more invoices will
be sent and the matter is forwarded to legal to recoup outstanding
receivables and manage any future issues. Shari will send you an e-mail
indicating that the legal department concurs with this assessment.

Thanks!

Chris