Re: BNP Paribas Guaranty

Fyi- have a good weekend. I think i will be spending mine in a darkend
room!!!!

M
---------------------- Forwarded by Matthew Dawson/LON/ECT on 23/02/2001
18:16 ---------------------------

Minna Taponen@ENRON
23/02/2001 18:14
To: Matthew Dawson/LON/ECT@ECT
cc:

Subject: Re: BNP Paribas Guaranty

Hello Matt,

looks fine except for a tiny little detail: it should cover ECTRL and
physical power as well, to me it now seems to cover physical gas only.

Second question: Do the financial transactions cover all commodities (gas,
power, weather etc etc)?

Thank you very much!

rgds,
Minna

Matthew Dawson@ECT
23/02/2001 17:46
To: Minna Taponen/EU/Enron@Enron
cc:

Subject: BNP Paribas Guaranty

Sorry Ive been bombarding you latley. Tanya drafted this and wants to know
if the entities ect are corrected- just wanted to check with you.

Cheers Matt D
---------------------- Forwarded by Matthew Dawson/LON/ECT on 23/02/2001
17:46 ---------------------------
From: Tana Jones on 23/02/2001 11:44 CST
To: Matthew Dawson/LON/ECT@ECT
cc:

Subject: BNP Paribas Guaranty

----- Forwarded by Tana Jones/HOU/ECT on 02/23/2001 11:44 AM -----

Tana Jones
02/13/2001 09:19 AM

To: Tanya Rohauer/HOU/ECT@ECT, Matthew Dawson/LON/ECT@ECT
cc:
Subject: BNP Paribas Guaranty

Attached is my proposed form of Guaranty to cover the US & UK business with
Paribas. Tanya, please note, per our discussion I have increased the
guaranty amount to $50mm. We have also added ECTRL to the Guaranty.

Please let me know if it meets with your approval and I will forward it to
Paribas in NY.