Re: Futures Agreement

Sara:

Corinne Samon shall be reviewing the black-lined copy of the agreement you've
attached. She will be available later this afternoon to discuss suggested
changes to our agreement, as well as any additional comments you may have.

Corinne can be reached at 212-648-4292 or via email at
samon_corinne@jpmorgan.com

Regards,
Tom Alterson

Sara.Shackleton@enron.com on 02/22/2001 10:27:22 AM

To: alterson_thomas@jpmorgan.com
cc:
Subject: Futures Agreement

Thomas:

Attached is a redline of the Client Agreement. I know that Gary Hickerson
will be meeting with J P Morgan early next week and would like to have this
agreed. Please advise as to what attorney will review my comments and put
me in touch with that person today. Please let me know if you have any
questions. Thanks.

(See attached file: JPMorganFutures.R1doc.doc)

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas 77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com

- JPMorganFutures.R1doc.doc