With regards to our discussion on priority of contracts for 30 day firm
transactions. The system gives priority to Master Agreements over GISBs.
All things equal, a 30 day firm transaction will attach to the master before
the GISB.

Hope this helps.

dp

Debra Perlingiere
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax 713-646-3490