Enron Credit Inc.

I'll touch base with you this afternoon. Thanks.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas 77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 06/06/2001 11:41 AM -----

Cheryl Nelson@ENRON
Sent by: Cheryl Nelson@ENRON
06/06/2001 09:15 AM

To: Sara Shackleton/HOU/ECT@ECT
cc: Tom Doukas/Enron@EnronXGate
Subject: Enron Credit Inc.

Sara, as you assumed this matter, see attachments.

Cheryl Nelson
Senior Counsel
EB3816
(713) 345-4693
http://gss.enron.com/
----- Forwarded by Cheryl Nelson/NA/Enron on 06/06/2001 09:14 AM -----

Anthony Capolongo <A.Capolongo@morganstanley.com<
06/06/2001 07:43 AM
Please respond to A.Capolongo

To: cheryl.nelson@enron.com
cc: Ketan Parekh <Ketan.Parekh@morganstanley.com<, Joseph Marovich
<Joseph.Marovich@morganstanley.com<, tom.doukas@enron.com
Subject: Enron Credit Inc.

Cheryl:

As requested, attached are the Master Securities Loan Agreement and Cash
Letter needed to set up Enron Credit Inc. on the enhanced product.
Please forward two sets of originals to my attention and I will forward
a fully exected original copy to Enron.

Regards,

Anthony

- EnronCredit.doc
- Arranged Cash Agreement Letter.DOC