Re: Reciprocal Physical Guaranty

Please give me a status on the Master Physical with Engage US.

Per the e-mail below, Engage is ready to supply us with an amended guaranty.

Thanks
Russell

---------------------- Forwarded by Russell Diamond/HOU/ECT on 09/21/2000
10:00 AM ---------------------------

From: Russell Diamond
09/21/2000 09:59 AM

To: Kiran.Parthasarathy@EngageEnergy.com @ ENRON
cc:
Subject: Re: Reciprocal Physical Guaranty

Hi Kiran,

The guaranty to Enron should cover the following entities:

Enron North America Corp.
Houston Pipe Line Company
Enron Power Marketing, Inc.
Clinton Energy Management Services, Inc.

Hope this helps.

Russell

Kiran.Parthasarathy@EngageEnergy.com on 09/21/2000 07:44:28 AM
To: Russell.Diamond@enron.com
cc:
Subject: Reciprocal Physical Guaranty

Russell,

This is regarding our agreement to do a reciprocal US$ 25 million guaranty to
cover Engage US only for PHYSICAL transactions.? Please let me know which are
the Enron entities that need to be included in the Guaranty.? As soon as I
have that information, I will forward the request to our Treasury, who will
then arrange for internal approvals and then send you a draft guaranty for
approval.

Thanks,
Kiran Parthasarathy
Engage Energy US, L.P.
5 Greenway Plaza
Suite 1200
Houston, TX 77046
713-877-7944 (Voice)
713-297-1605 (Facsimile)

-----Original Message-----
From: Russell.Diamond@enron.com [mailto:Russell.Diamond@enron.com]
Sent: Thursday, September 14, 2000 10:53 AM
To: Kiran.Parthasarathy@EngageEnergy.com
Subject:

Kiran

My fax number is 713-853-9476,? my mailing address is:

Russell Diamond, EB2860A
Enron Corp.
1400 Smith St.
Houston, TX? 77002

Before you send send the original guaranty to us, let my legal first look
at you faxed copy.

Thanks
Russell