Morgan Stanley Capital Services, Inc. ("MSCS")

Further to my message of yesterday evening, I have spoken with the MSCS
lawyer in London and learned that EnronCredit.com Limited ("ECCL") has
finalized its ISDA Master Agreement and CSA with MSCS. ECCL is awaiting the
ENE guaranty. The lawyer is forwarding docs to me this morning and I
understand they were heavily negotiated.

Tanya, will you be handling credit for both ENA and ENE? I would like to
chat with whomever is handling today, if possible. I will forward ECCL to
you both when I receive.

Thanks. Sara