Temple Inland Forest Products

Susan and Susan: Please let me know who will handle. I am holding the
confirm. Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 06/23/2000 10:39 AM -----

Paul Radous@ENRON
06/23/2000 09:57 AM

To: Sara Shackleton/HOU/ECT@ECT
cc: Robert Scheuer/HOU/ECT@ECT
Subject: Temple Inland Forest Products

TIFP's parent, Temple Inland (an ESP), is now willing to provide a $500,000
guaranty. This makes TIFP an ESP as well. To this end, will you please have
a legal assistant prepare a form of guaranty that would list Temple-Inland
Inc. as the guarantor for the Temple-Inland Forest Products Corporation
(counterparty). The amount of the guaranty will be $500,000. I would also
suggest that we lower Enron Corp's guaranty to an even amount.

Thanks!