FW: President and Fellows of Harvard College

Susan: Can you please have a copy of the Harvard ISDA sent to Tanya. Thanks.

-----Original Message-----
From: Bradford, William S.
Sent: Friday, November 02, 2001 9:09 AM
To: Shackleton, Sara; Rohauer, Tanya; Williams, Jason R (Credit)
Cc: Suttle, John
Subject: RE: President and Fellows of Harvard College

Please send a copy of the executed document to Tanya Rohauer. We will review the amendment but need the original document.

-----Original Message-----
From: Shackleton, Sara
Sent: Friday, November 02, 2001 8:51 AM
To: Rohauer, Tanya; Williams, Jason R (Credit)
Cc: Bradford, William S.; Suttle, John
Subject: President and Fellows of Harvard College

All:

Just spoke with Harvard's lawyer Kim Noble who appreciated speaking with Bill earlier this week.

ENE has triggered an Additional Termination Event under the ISDA (commercial paper rating at A-2 and ENE placed on "watch" status) but Harvard does not want to terminate.

Harvard will propose an amendment to the effect that our Threshold will drop to 0 as long as a short term rating is at A-3.

Sara Shackleton
Enron Wholesale Services
1400 Smith Street, EB3801a
Houston, TX 77002
Ph: (713) 853-5620
Fax: (713) 646-3490