Enron Mail

From:stephanie.panus@enron.com
To:bob.bowen@enron.com, laurel.adams@enron.com, andrea.guillen@enron.com,larry.hunter@enron.com, jarrod.cyprow@enron.com, gordon.heaney@enron.com, janie.aguayo@enron.com, derek.bailey@enron.com, diane.anderson@enron.com, kevin.meredith@enron.com, scott
Subject:El Paso Merchant Energy-Gas L.P.
Cc:
Bcc:
Date:Fri, 27 Oct 2000 10:25:00 -0700 (PDT)

We have received an executed Termination Agreement between El Paso Merchant
Energy-Gas L.P. ("El Paso") and ENA dated October 12, 2000 but effective as
of December 1, 1999. This Termination Agreement terminates the ISDA Master
dated April 20, 1995, which was assigned to El Paso by El Paso Merchant
Energy-Gas Company. El Paso and ENA then entered into a new ISDA Master
dated June 30, 2000 but effective as of December 1, 1999. The new Master
covers all Transactions entered into under the April 1995 Master, and new
guarantees were issued that replaced the guarantees issued under the April
1995 Master.

Copies will be distributed.

Stephanie