GISB ,
 Dear Thomas:

Attached for your review is a draft of a GISB between Enron North America 
Corp. and Houston Energy Services Company, L.L.C.   

Please give me a call with any questions and or comments regarding this 
matter.



Regards,
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
tgoudie@hesco.org