New Account Set Up

----- Forwarded by Sara Shackleton/HOU/ECT on 12/15/2000 06:00 PM -----

Theresa T Brogan
12/15/2000 05:22 PM

To: Sara Shackleton/HOU/ECT@ECT
cc: Cassandra Schultz/NA/Enron@Enron, William S Bradford/HOU/ECT@ECT
Subject: New Account Set Up

Sara,
A broker account was set up under Friedman, Billings and Ramsey who clear
their transactions through Bear Stears. This was a special purpose account
set up to facilitate the sale of DevXenergy for Jedi I. We plan on closing
this account as soon as the trade settles. If you have any questions, please
give me a call at extension 31439.

Thanks,
Theresa