ISDA for TOTAL Austral S.A.

Argentine CP.
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 08/11/99 09:42
AM ---------------------------

Enron Capital & Trade Resources Corp.

From: Patricia Cini 08/10/99 06:12 PM

To: Sara Shackleton/HOU/ECT@ECT
cc: John J Shoobridge/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: ISDA for TOTAL Austral S.A.

Sara:

Attached is the credit worksheet for TOTAL Austral. Please call if any
questions.

Regards,

Pat