Bill:
Could you please forward this to the business folks at Ace since this is a
critical point and I don't want them caught by surprise tomorrow. Thanks.
Carol
----- Forwarded by Carol St Clair/HOU/ECT on 06/27/2000 02:04 PM -----

"SCOTT AVITABILE" <SAVITABI@LLGM.COM<
06/27/2000 10:07 AM

To: <rick.gieryn@ace-ina.com<
cc: <Carol.st.clair@enron.com<
Subject: Policy


Rick: In addition to the comments on the mark-up of the policy I faxed to
you yesterday, please note that the reference to the "Approved Transaction
Counterparty" contained in Section 6.1(a) should be deleted as that issue is
now addressed in the revised text of the Force Majeure definition. Best
regards.