Re: Northern Illinois Gas Company/Nicor Gas Company

This should help clarify a lot of things, thanks Tana for the Certificate of
assumed name.

The receipt of the assumed name certificate from the State of Illinois proves
that Northern Ilinois Gas Company is an active Corporation (set up in GCP as
a HQ company) with Nicor Gas Company as their assumed name (Set up in GCP as
a tradename). Seems like in Global Counterparty both the counterparties are
set up exactly the way it should be. The request below is to change the
tradename's name from Nicor Gas Company to Northen Ilinois Gas Company dba
Nicor Gas Company, which I don't have any documentation or instructions for.
Upon my conversation with Sandy Allison, Attorney Nicor Gas at Ph (630)
983-8676 x2882 all the contracts and legal binding documents should carry the
name Nicor Gas Company, and so does the Assumed Name Certificate says. In
addition, Marcia Nawrocki, Attorney Nicor Gas on her fax cover sheet attached
with the Certificate, instructed to "use NICOR GAS COMANY".

In lieu of the above facts, Global Counterparty does not feel necessary to
make any changes in its database.
Regards!

Adnan Patel
x58335

From: Tana Jones@ECT on 08/23/2000 08:49 AM
To: Stacey Richardson/HOU/ECT@ECT
cc: Adnan Patel/Corp/Enron@ENRON, Anthony Campos/HOU/ECT@ECT
Subject: Re: Northern Illinois Gas Company/Nicor Gas Company

Susan Bailey, the paralegal working on this master, spoke to the Company
after receiving these emails. They faxed to her a copy of the assumed name
certificate wherein Northern Illinois Gas Company transacts business under
the name Nicor Gas Company. Per her conversations they have not changed
their name, they are only operating under the assumed name Nicor Gas
Company. Being so, the online account would have to be renamed as Northern
Illinois Gas company dba Nicor Gas Company. Per my conversation with Stacy
Dickson, a physical gas lawyer, they still transact physical gas under their
master with Northern Illinois Gas Company. I will have a copy of the assumed
name certificate walked down to Adnan. If we are all in agreement after
this, it seems like we need two counterparty names "Northern Illinois Gas
Company" and "Northern Illinois Gas Company dba Nicor Gas Company". Upon
receipt of the assumed name certificate, please confirm your agreement and I
will contact Credit and the Online team.

Stacey Richardson
08/17/2000 04:49 PM

To: Adnan Patel/Corp/Enron@ENRON
cc: Tana Jones/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT, Tom
Moran/HOU/ECT@ECT, Frank L Davis/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT,
Mary G Gosnell/HOU/ECT@ECT, Bill D Hare/HOU/ECT@ect, Linda S
Bryan/HOU/ECT@ECT, Bridgette Anderson/Corp/Enron@ENRON, Susan
Bailey/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Anthony Campos/HOU/ECT@ECT
Subject: Re: Northern Illinois Gas Company/Nicor Gas Company

OK, guys, based on Adnan's information from the counterparty, all contracts
under Northern Illinois Gas Company will be changed (via name overlay) to
Nicor Gas Company once Adnan has received the proper name change
documentation. Since no changes have been made in GCP to correct the HQ
company and trade name relationships, the recent ISDA contract was set up
under Nicor Gas Company. Once these changes are made in GCP, the contract
can be changed to the trade name if still needed at that time.

I apologize for all the confusion and hope this helps all parties concerned.

Thanks,
Stacey

Adnan Patel@ENRON on 08/17/2000 04:20:24 PM
To: Tana Jones/HOU/ECT@ECT
cc: Stacy E Dickson/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Frank L
Davis/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Mary G Gosnell/HOU/ECT@ECT,
Stacey Richardson/HOU/ECT@ECT, Bill D Hare/HOU/ECT@ect, Linda S
Bryan/HOU/ECT@ECT, Bridgette Anderson/Corp/Enron@ENRON, Susan
Bailey/HOU/ECT@ECT
Subject: Re: Northern Illinois Gas Company/Nicor Gas Company

Per my conversation with Nicor Gas Company's attorney, Northern Illinois Gas
Company changed its name to Nicor Gas Company. Therefore, Nicor Gas Company
is the only entity that all the deals needs to be booked under. However, the
attorney also agreed to the fact that they do use the name "Northern Illinois
Gas Company d/b/a Nicor Gas Company" eversince the name change happened. He
said they had been using both names "contractually" and interchangeably even
though it is all just ONE company, one state registered company.

I'm currently waiting on name change documents, however this is what it looks
like thats going to happen:
The main HQ company would end up being NICOR GAS COMPANY with all the
trades/contracts/deals being merged into one record. However, if need be we
could have a Tradename set up as "Northern Illinois Gas Company d/b/a Nicor
Gas Company" since this is how the company does business as, in some cases.

Nicor's legal Dept could be reached at (630) 983-8676 for any further
clarifications in this matter.

Adnan Patel
Global Counterparty
x58335

From: Tana Jones@ECT on 08/17/2000 03:47 PM
To: Stacy E Dickson/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT
cc: Frank L Davis/HOU/ECT@ECT, Stephanie Sever/HOU/ECT@ECT, Adnan
Patel/Corp/Enron@ENRON
Subject: Northern Illinois Gas Company/Nicor Gas Company

There appears to be confusion over who and what products we should be trading
with these entities.

We have an ISDA Master Agreement in place with Northern Illinois Gas Company
d/b/a Nicor Gas Company. This is a new master. If the counterparty is not
set up this way it need to be.

Physical gas has a master in place with Northern Illinois Gas Company.

There is no master agreement in place with Nicor Gas Company and the only
trading being done with this entity is online gas trading.

The issue that needs to be resolved is whether we want to trade gas under
both Northern Illinois Gas Company and Nicor Gas Company. Frank Davis will
resolve this issue with Tom Moran in Credit and Stacy Dickson with physical
gas Legal, and they will let us know who we should be trading with.

When we hear back from them we can finally resolve what counterparty names we
want to set up and get back to the counterparty if we have not received the
correct Password Application to match out intended trading partners.

Sorry for all the confusion this is causing. I am confused too.