Risk Management Policy

From: veronica.valdez@enron.com

To: rudi.zipter@enron.com, vladimir.gorny@enron.com, bjorn.hagelmann@enron.com,cassandra.schultz@enron.com, david.port@enron.com, ted.murphy@enron.com, mark.taylor@enron.com

Subject: Risk Management Policy

Cc:

Bcc:

Date: Mon, 27 Nov 2000 10:58:00 -0800 (PST)

Attached, please find a red-lined version and a clean copy of the most recent
Risk Management Policy. Please review and send any comments, suggestions
and/or changes to Cassandra Schultz by tomorrow (November 28) evening.

Thank you in advance for reviewing the Risk Management Policy.