Raptor Forms

Thanks for your additional comments. Attached are all the revised forms to
put into your system. The major concept addition is a partial termination
right in the partnership and membership forms in the same format as the share
swap form. I will let you know (hopefully with some lead time!) when
additional swaps are to be prepared for Raptor 2, 3, 4.

Enron North America Corp.
Mary Cook
1400 Smith, 38th Floor, Legal
Houston, Texas 77002-7361
(713) 345-7732 (phone)
(713) 646-3490 (fax)
mary.cook@enron.com