ISDA Master Agreement with Morgan Stanley Capital Services Inc.

Cc: tanya.rohauer@enron.com, rod.nelson@enron.com, richard.sage@enron.com
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All:

I received a draft master agreement from MSCS for proposed execution with
Enron North America Corp. Are any of you trying to push execution of this
agreement? Have either of Enron Credit, Inc. or Enron Credit Limited been
speaking with MSCS about this?

Please advise. 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