Revised Guaranty and opinion

From: clement.abrams@enron.com

To: rick.borden@macleoddixon.com

Subject: Revised Guaranty and opinion

Cc: bpechersky@velaw.com, sara.shackleton@enron.com, greg.johnston@enron.com,soma.ghosh@enron.com, tana.jones@enron.com, peter.keohane@enron.com

Bcc: bpechersky@velaw.com, sara.shackleton@enron.com, greg.johnston@enron.com,soma.ghosh@enron.com, tana.jones@enron.com, peter.keohane@enron.com

Date: Wed, 27 Sep 2000 09:57:00 -0700 (PDT)

Rick,

Attached are the above documents marked to reflect the latest comments from
you in your e-mail dated September 27, 2000. Please call if you have any
questions.

Regards,

Clement

GUARANTEE:

OPINION: