Option Exercise Agreement - Blue Dog Project ,
 As requested by Rose, please see attached.

Regards,

Rob Taylor
Andrews & Kurth L.L.P.
4200 Chase Tower
600 Travis Street
Houston, Texas  77002

Tel: (713) 220-4436
Fax: (713) 238-7273
e-mail: robtaylor@akllp.com

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 <<Option Exercise Agreement - Blue Dog Project.DOC>> 
 - Option Exercise Agreement - Blue Dog Project.DOC
kay.mann@enron.com