Re: MLGW Credit Worksheet

Sara,

Further to our conversation regarding the events of default for MLGW, I have
attached a new credit worksheet with amended collateral thresholds for Enron,
and clarification on electric revenue bonds. Please see the attached.

Call with questions or comments.
Wendy 3-0699

From: Wendy Conwell
04/02/2001 09:52 AM

To: Sara Shackleton/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Susan
Bailey/HOU/ECT@ECT, stephanie.panus@enron.com, Mary Cook/HOU/ECT@ECT
cc: Tracy Ngo/PDX/ECT@ECT, Edward Sacks/Corp/Enron@Enron, Paul
Radous/Enron@EnronXGate, billy_braddock@enron.net

Subject: MLGW Credit Worksheet

Sara,

Per the request of Billy Braddock, please find attached the credit worksheet
for Memphis Light Gas and Water District.

Please call with questions or comments.

Thanks,
Wendy