El Paso Energy

Brant:
Their lawyer finally called me. We have a few open credit issues on our side
that I need for you to think about:

1. Are you okay with the cross default threshold on both sides being 3% of
stockholders' equity? They didn't like $100,000,000.

2. For corporate policy reasons, they cannot take advantage of affiliate
setoff. Since I wasn't sure what relationships ENA and its affiliates had
with this counterparty, I wasn't sure how strongly you felt about it. Please
advise.

Carol