Enron Mail

From:jorge.garcia@enron.com
To:sara.shackleton@enron.com
Subject:Re: Equity Swap ISDA Confirmation
Cc:
Bcc:
Date:Wed, 28 Mar 2001 02:50:00 -0800 (PST)

Please disregard the confirm attached below. Per ongoing conversations, they
now want for us to create a confirm that allows them to add or delete shares
at any time without having to create a new confirm for any new trade. They
expect the volume of trades will increase in the near future. I will revise
the confirmation to include language to ths effect for your review. I will
send it to you shortly. I would like to meet with you along with Aneela
Charania, who is the transaction, to ensure the confirm captures what is
intended. Once you receive the revised confirm I will call Kaye to schedule a
meeting with you.

Thanks for your patience.

Jorge
---------------------- Forwarded by Jorge A Garcia/NA/Enron on 03/28/2001
10:42 AM ---------------------------


Jorge A Garcia
03/28/2001 09:52 AM
To: Sara Shackleton/HOU/ECT@ECT
cc: Laurel Adams/HOU/ECT@ECT, Aneela Charania/HOU/ECT@ECT

Subject: Re: Equity Swap ISDA Confirmation

Good Morning Sara,

Thank you again for reviewing the Equity Swap ISDA Confirmation the other
day. They now want to capture the trades in question as a basket equity swap.
I have modified the confirmation to accommodate the basket and included Annex
I. Please review and advise if any changes should be made.

Thanks!

Jorge A. Garcia
Manager- Risk Management
Enron Global Markets LLC
713/853-5596