AEP Master Amendments

Frank:

Did I hear you mention that you were going to work on the "EOL no written
confirmation" letter? Or is Mark? Please let me know. Thanks.

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
----- Forwarded by Sara Shackleton/HOU/ECT on 05/21/2001 04:00 PM -----

Larry Joe Hunter
05/21/2001 03:28 PM

To: Mark Taylor/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT
cc:
Subject: AEP Master Amendments

Mark/Sara,

We are attempting to get two amendments to the ISDA with AEP right now.
Mark, you are working on the Amendment allowing for EOL Transactions to not
need written Confirmations and Sara is working on an amendment that will
change the Confirming Party to ENA (for some reason, AEP was allowed to be
the Confirming Party when the Master was drafted.) At any rate, is it
possible that we send both of these amendments to AEP at the same time? We
want to make sure that AEP views these amendments together and sign off on
both. We think they'll be more comfortable signing them both at once rather
than a couple of weeks apart.

Let me know.

Thanks,
Joe Hunter