DRAFT- Enron North America Corp. NYMEX Hedge Exemption Applications ,
 Good morning Ms. Milligan,

Please review and submit approval to Enron Messaging Administration.  The=
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note will be sent this evening to the NYMEX Hedge Exemption List (this list=
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includes: All Enron Houston, Everyone_in_ECT Calgary,=20
Everyone_in_ECT_Portland, Everyone_in_ECT New York and=20
Everyone_in_ECT_Denver).

We are trying to get approval to send the message out ASAP as requested;=20
until approval is received, the message is scheduled to be distributed this=
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evening.

Have a nice day,
Gary Sta. Maria
Enron Messaging Administration

To:        Department:   ENA Legal=20

From:  Mark Taylor     Date: May 11, 2001
  Vice President and General Counsel

Subject: Enron North America Corp. NYMEX Hedge Exemption Applications
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We are in the process of preparing applications for position limit exemptio=
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for ENA=01,s NYMEX energy commodities futures trading.  These applications=
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require that ENA represent whether its officers, employees, owners, or agen=
ts=20
have a power of attorney, control or have a financial interest in any relat=
ed=20
commodity future(s) account either individually or acting with another pers=
on=20
pursuant to express or implied agreement.

Please direct any responses to my paralegal, Tana Jones, via intercompany=
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email or call her at (713) 853-3399 by the end of business on June 15, 2001=
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if you have any power of attorney, control or have a financial interest in=
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any commodity futures account (other than an ENA or other trading affiliate=
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account).

IF YOU DO NOT HAVE A COMMODITY FUTURES ACCOUNT, YOU DO NOT NEED TO RESPOND =
TO=20
THIS REQUEST.
taffy.milligan@enron.com