Re: Bonneville Power Administration

Dave:
Richard Sanders , our litigation manager, was okay with this since this just
defines the location of the arbitration, not necessarily who gets selected.
With respect to your second question, I will talk to Mark about it and get
back to you.
Carol

David Forster@ENRON
05/12/2000 01:16 PM

To: Carol St Clair/HOU/ECT@ECT
cc: Mark Taylor/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT
Subject: Re: Bonneville Power Administration

Carol,

- Do we really want to accept arbitration in Portland?
- What is our exposure to Federal Law?

Dave

Carol St Clair @ ECT 05/11/2000 10:05 AM

To: David Forster/Corp/Enron@Enron
cc: Mark Taylor/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT

Subject: Bonneville Power Administration

David:
Enclosed for your review is a draft amendment letter for the above
counterparty. All of the requested chnages are driven by the fact that BPA
is a federal agency. I look forward to hearing from you.
Carol