Re: Credit Launch

Dave,

Credit Houston received yesterday a partial list of counterparties to whom
this product should be shown. We are still waiting for a final list of
reference credits and are trying to confirm with Credit London that they have
received a list of trading counterparties. Profiles still need to be created
for all trading counterparties based on the products for EOL.

As of this minute, I would say that we have signed off on the concept but
details and individual approvals are not complete. Bill spoke with Bryan last
night and communicated this to him as well.

A Monday launch looks a bit optimistic given the data on hand and tasks left
to do. Being a US holiday for Enron doesn't help either.

Let me know how things progress from your end.

David Forster
02/16/2000 08:46 AM
To: Mark Taylor/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT
cc:
Subject: Credit Launch

Credit are pushing to launch online credit trading for this coming Monday.

Have you both "signed off" on the process, or are there issues outstanding
which need to be resolved, from your point of view?

Dave