Reliable Power Product

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
----- Forwarded by Carol St Clair/HOU/ECT on 06/12/2000 11:29 AM -----

Leslie Hansen
06/12/2000 09:17 AM

To: ed.zaccaria@ace-ina.com, rick.gieryn@ace-ina.com,
david.hoog@ace-ina.com, alex.tartakovski@ace-ina.com
cc: Gaurav Babbar/HOU/ECT@ECT, Bill Windle/Corp/Enron@Enron, Carol St
Clair/HOU/ECT@ECT
Subject: Reliable Power Product

Attached please find Enron's draft version of the form of "swap agreement"
for the Reliable Power Product. The swap agreement is comprised of two
components: the Reliable Power Product Description and the General Terms and
Conditions. We look forward to receiving the revised draft of the policy and
discussing your comments relating to the attached documents.

Regards,

Leslie Hansen