Mieco, Inc.

----- Forwarded by Tana Jones/HOU/ECT on 10/25/2000 09:32 AM -----

Edward Sacks@ENRON
10/25/2000 09:25 AM

To: Richard B Sanders/HOU/ECT@ECT
cc: Tana Jones/HOU/ECT@ECT
Subject: Mieco, Inc.

Just following up from our conversation last week. We continue to do a large
amount of transactions with this counterparty which are being confirmed
through our long form agreements without credit terms. To the extent that
you decide not to forward the ISDA at this time, please let me know so that I
can make a determination whether or not we need to reduce trade in order to
control Enron's credit exposure. Please let me know the status.

Thanks,
Ed Sacks