RE: Netting agreement

Carol:

I am looking at some payment netting documents, but not master netting agreements. Why don't you send me the letter you received and I can figure out the direction to take?

Thanks,

Jeff

-----Original Message-----
From: St. Clair, Carol
Sent: Friday, November 16, 2001 11:47 AM
To: Sayre, Frank; Van Hooser, Steve
Cc: Hodge, Jeffrey T.; Rohauer, Tanya
Subject: Netting agreement

Frank or Steve:
Are either of you handling a MNA with Carolina Power & Light Company, Florida Power Corporation and North Carolina Natural Gas Corporation ? We just received a letter from Progress Energy (their parent?) and sounds like they are anxious to reach closure on a MNA.

Carol St. Clair
EB 4539
713-853-3989 (phone)
713-646-8537 (fax)
281-382-1943 (cell phone)
8774545506 (pager)
281-890-8862 (home fax)
carol.st.clair@enron.com