Re: EOL Credit Responses 2/14

Tana:

The following CPs are authorized to trade U.S. power products:

1. Puget Sound Energy, Inc. -- open for West products, but ENRON SALES only
for East products.
2. City of Pasadena

The following CPs are NOT authorized to trade U.S. power products:

1. Anderson Exploration -- This CP was restricted by credit.
2. Shell Chemical Risk Management Company
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Puget Sound can trade in the West pursuant to the WSPP agreement, but since
it is a utility, Enron can sell only to the CP in the East pursuant to the
on-line GTCs.

City of Pasadena is a current trading partner. We have an old 1994
Interchange Agreement in place, but this CP must trade on EOL via the on-line
GTCs. Accordingly, I will send this CP an override letter.

Shell Chemical Risk Management Company -- We do not have a trading
relationship with this CP, and it is not on my FERC list as an approved power
marketer.