Subject: First Union National Bank/Enron Corp. ISDA Agreement
From: [email-masked]
To: [email-masked]
Cc: [email-masked]
Date: Mon, 8 Jan 2001 10:31:00 -0800 (PST)

Susan:  Please prepare a draft ISDA for the above parties with:  (1)  no CSA 
and (2)  bilateral cross-default at US$100 million.  I am presently reviewing 
CP comments to the ENA master and may have some changes for you tomorrow.  We 
will send this out on Tuesday.  

Clint:  First Union Securities Inc. is the bank's marketing arm and is NOT 
the correct ISDA counterparty.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
[email-masked]