Enron Mail

From:sara.shackleton@enron.com
To:larry.hunter@enron.com, janie.aguayo@enron.com, julie.brewer@enron.com
Subject:confirming financial transactions for Allegheny Energy Supply
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Date:Thu, 5 Apr 2001 04:46:00 -0700 (PDT)

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All:

Effective March 19, 2001, AESC and ENA entered into a "Side Letter
Agreement" which is an ISDA Master Agreement from a legal perspective. ENA
and AESC have agreed this morning to negotiate and execute a new ISDA Master
Agreement by April 13, 2001. Until that date, however, we can confirm
financial trades between ENA and AESC under the Side Letter Agreement.
Attached below is a markup of an ISDA form of confirmation which contains
language for these confirmations (the draft was prepared for Kim Hundl
handling financial power).

Please let me know if you have any questions.




Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas 77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com