RE: First Union National Bank (FUNB) ISDA Master Agreements ,
 Thanks Tanna.  I'll speak with the traders and get a feel for the urgency
here.

Kind regards,

Clare

-----Original Message-----
From: Tana.Jones@enron.com [mailto:Tana.Jones@enron.com]
Sent: Friday, September 22, 2000 2:57 PM
To: Clare.Godson@AllenOvery.com
Subject: Re: First Union National Bank (FUNB) ISDA Master Agreements



FUNB sits stalled on my desk waiting for me to have time to work on it.  We
are in the miiddle of a rush with Financial Power counterparties in need
immediate assistance (many of them govt'ls which are demanding my
attention) and structured financing w/swaps in the middle and I'm just
putting out fires.  That master is really not a priority at all for ENA,
and it is only Enron.Credit.com wanting to mirror it that is giving it any
priority.  What is your proposed timing for a deal on that one?




                    Clare.Godson@Alle

                    nOvery.com               To:     tana.jones@enron.com

                                             cc:

                    09/22/2000 10:26         Subject:     First Union
National Bank (FUNB) ISDA Master Agreements
                    AM









Tanna,

Thanks for your help on the Goldman Sachs and Deutsche negotiations.  If
you
could keep me posted on the timing of the Deutsche agreements being put in
place that would be really helpful.  I also have another quick request and
that relates to the ISDA Master Agreement with FUNB.  I have spoken to
Delene Travella at FUNB.  They are negotiating an ECTRIC Schedule with you
in Houston which they want to finalise before commencing EnronCredit.com's
negotiation.  Can you give me an update on where this negotiation stands
and
how long before it is likely to be finalised?

Many thanks,

Clare Godson


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