Guarantee

fyi... let's try to set up some time with Hodge and Penman to discuss where
we are and how to best move forward.
---------------------- Forwarded by Tanya Rohauer/HOU/ECT on 12/05/2000 09:04
AM ---------------------------

Molly Harris
12/05/2000 09:07 AM
To: rrosenb@nicor.com
cc: Gregg Penman/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Tanya
Rohauer/HOU/ECT@ECT, Rudwell Johnson/NA/Enron@ENRON
Subject: Guarantee

Renee

Please find attached our proposed guarantee to Nicor to cover enovate
exposure. Simon Halfin at Peoples has provided the PEC form of guaranty.
Please direct any comments to Simon at 312-240-4411.

Regards
Molly