Enron's Rates

I have gotten MSDW to reduce our borrowing rate from FF+85BP to FF+75 BP.
I have accepted the schedule and returned it to them and copied legal on the
schedule.
Sheila
---------------------- Forwarded by Sheila Glover/HOU/ECT on 03/07/2001 11:17
AM ---------------------------

From: Sheila Glover 03/07/2001 11:16 AM

To: Theresa T Brogan/HOU/ECT@ECT, John Greene/LON/ECT@ECT, David J
Vitrella/HOU/ECT@ECT, Selena Gonzalez/HOU/ECT@ECT, Aneela Charania/HOU/ECT@ECT
cc:
Subject: Enron's Rates

Fyi...

---------------------- Forwarded by Sheila Glover/HOU/ECT on 03/07/2001 11:12
AM ---------------------------

Joseph Marovich <Joseph.Marovich@msdw.com< on 03/07/2001 09:41:32 AM
Please respond to Joseph.Marovich@msdw.com
To: Sheila Glover <Sheila.Glover@enron.com<
cc:
Subject: Enron's Rates

Hi Sheila,

Attached is the most recent fee schedule (All done away trade ticket
fees waived). Please send us a signed copy at your earliest
convenience.

I spoke with the manager of our Finance area, but he was on his way to a
meeting. He asked me to give him a call with you later if needed, but
explained that the reason the Libid (Libor rate from 2 days ago - 12.5
bps) rate is calculated off a Libor rate from 2 days ago is strictly
standard practice in the industry. If you would like to follow up on
this, he will be back any time after 11:00 AM EST, and I can patch him
in on a call.

Regards,
Joe
- Enron_pricing_2-1-01.DOC