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From:tana.jones@enron.com
To:greg.whiting@enron.com, sarah.wesner@enron.com
Subject:(01-59) Margin Rate Change for Western Electricity Futures
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Date:Mon, 12 Feb 2001 08:43:00 -0800 (PST)

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----- Forwarded by Tana Jones/HOU/ECT on 02/12/2001 04:37 PM -----

exchangeinfo@nymex.com
02/12/2001 04:26 PM

To: tana.jones@enron.com
cc:
Subject: (01-59) Margin Rate Change for Western Electricity Futures Contracts


Notice No. 01-59
February 12, 2001

TO: ALL NYMEX MEMBERS AND MEMBER FIRMS
ALL NYMEX CLEARING FIRMS
ALL NYMEX OPERATIONS MANAGERS

FROM: Neal Wolkoff, Executive Vice President

SUBJECT: MARGIN RATE CHANGE: WESTERN ELECTRICITY FUTURES CONTRACTS

Effective Date: Tuesday, February 13, 2001 (close of business)

Futures Contracts: California Oregon Border, Palo Verde, and Mid-Columbia
Electricity Futures

Contract Months: All months

Rate Change: NYMEX Division Margins on California Oregon Border, Palo Verde,
and Mid-Columbia Electricity Futures Contracts
Clearing Member (Maintenance Margin): Old: $6,000 New: $ 9,000
Member Customer (Initial Margin): Old: $6,600 New: $ 9,900
Non-Member Customer (Initial Margin): Old: $8,100 New: $ 12,150

Should you have any questions regarding these changes, please contact Arthur
McCoy at (212) 299-2928 or Joe Sanguedolce at (212) 299-2855. This notice
supersedes all previous notices regarding outright margins for the NYMEX
California Oregon Border, Palo Verde, and Mid-Columbia Electricity Futures
Contracts.



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