Draft of Notice and draft of Memorandum of Understanding

----- Forwarded by Sara Shackleton/HOU/ECT on 08/31/2000 03:15 PM -----

Sara Shackleton
08/30/2000 06:51 PM

To: Kevin Howard/Enron Communications, Kristina Mordaunt/Enron
Communications, James Ginty/Enron Communications, AnnMarie Tiller/Corp/Enron,
Brent Vasconcellos/Corp/Enron
cc:
Subject: Draft of Notice and draft of Memorandum of Understanding

Attached are drafts of the foregoing items in connection with the equity
swap. We will revise the swap again in the morning. Thanks. Sara