Enron Mail

From:susan.bailey@enron.com
To:bob.bowen@enron.com, laurel.adams@enron.com, andrea.guillen@enron.com,larry.hunter@enron.com, gordon.heaney@enron.com, janie.aguayo@enron.com, diane.anderson@enron.com, melissa.murphy@enron.com, scott.tackett@enron.com, celeste.cisneros@enron.com, s
Subject:IPSCO Saskatchewan Inc.
Cc:
Bcc:
Date:Thu, 5 Apr 2001 07:27:00 -0700 (PDT)

We have received an executed Master Agreement:

Type of Contract: ISDA Master Agreement (Local Currency-Single Jurisdiction)

Effective Date: January 19, 2001

Enron Entity: Enron Canada Corp.

Counterparty: IPSCO Saskatchewan Inc.

Transactions Covered: Approved for all products with the exception of :
Foreign Exchange

Confirming Entity: Enron Canada Corp.

Governing Law: Province of Alberta

SPECIAL NOTE: THIS ISDA MASTER AGREEMENT CAN BE USED BY COUNTERPARTY FOR
ONE TRADE ONLY, BEING THAT CERTAIN TRADE DATED JANUARY 19, 2001.

Copies will be distributed.

Cordially,
Susan S. Bailey
Enron North America Corp.
1400 Smith Street, Suite 3806A
Houston, Texas 77002
Phone: (713) 853-4737
Fax: (713) 646-3490
E:mail: Susan.Bailey@enron.com