Issuer Forward Transactions

---------------------- Forwarded by Jeff Nogid/HOU/ECT on 08/18/2000 11:26 AM
---------------------------

michael.c.ladas@db.com on 07/21/2000 03:56:22 PM
To: jeff.nogid@enron.com
cc: kenichi.shoji@db.com
Subject: Issuer Forward Transactions

Jeff - per our conversation today, I have attached a basic equity forward
confirm (note that this is our generic form and will be modified to suit
the contract that we enter into) . I have also attached a document
discussing a proprietary way that we have developed to enter into tax
deductible forwards. I look forward to working with you further with
regard to this transaction

Best regards,

Mike Ladas
Vice President
Strategic Equity Transactions Group
p:212.469.8572 / f.212.469.4935

(See attached file: Tax Deductible Forward.doc)(See attached file: Issuer
Forward - quarterly resets - ENE.doc)

- Tax Deductible Forward.doc
- Issuer Forward - quarterly resets - ENE.doc