Updated Raptor Sheets for the Private investments

See attachments for the latest.

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
----- Forwarded by Mary Cook/HOU/ECT on 09/14/2000 11:41 AM -----

Brian Schwertner@ENRON
09/13/2000 07:18 PM

To: Mary Cook/HOU/ECT@ECT
cc: Hope Vargas/HOU/ECT@ECT, Michael S Galvan/HOU/ECT@ECT
Subject: Updated Raptor Sheets for the Private investments

Mary,

See the attached proposal sheets for the Private Raptor investments.

These include the latest valuation changes to date as well as any wording
changes from Legal.