United States Swaps

----- Forwarded by Sara Shackleton/HOU/ECT on 11/01/2000 08:51 AM -----

Craig Young
10/02/2000 09:21 AM

To: Sara Shackleton/HOU/ECT@ECT, Justin Boyd/LON/ECT@ECT,
tj.pimpinelli@mglondon.com
cc: Craig Young/NY/ECT@ECT, Jon Barrett/EU/Enron@Enron
Subject: United States Swaps

Hi Sara

We are Enron Trading Services Inc. (FCM) in New York. We came along with the
MG purchase and report through London.

We handle clear/broker US Futures and act as an IB for Enron Metals Ltd. Our
client base is the Americas with an overlap to Houston.

We would like for funds and commercial clients to have one Swap document
including several commodities and Enron units. For example we understand from
Per that you are working a document for Catequil that should include metal.

Justin

Could you advise

Thanks
Craig Young
212-715-2342