From: chris.walker@enron.com
To: jeff.blumenthal@enron.com, susan.musch@enron.com, frank.hayden@enron.com, mark.taylor@enron.com, tom.moran@enron.com, andrea.dahlke@enron.com
Cc: melissa.murphy@enron.com, lisa.lees@enron.com, stephanie.sever@enron.com, tana.jones@enron.com, karen.lambert@enron.com, kelly.lombardi@enron.com, tara.sweitzer@enron.com, dawn.kenne@enron.com, torrey.moorer@enron.com, kevin.meredith@enron.com, robert.cass@enron.com, melba.lozano@enron.com
Date: 2001-04-20 12:39:00+00:00
Subject: Product Type approval (US East Power Fin Swap Unplan B ENA
 (INTERNAL ONLY)

Your approval of the following product type in Datamanager is needed:

US East Power Fin Swap Unplan B ENA (INTERNAL ONLY)

Please do not approve between the hours of 6 am and 11 am.

US Pwr Swap ENA  ERCOT Peak              Jun01           USD/MWh

A US Power financial Swap Transaction with Enron North America Corp. under 
which the Seller pays a Floating Price and the Buyer pays the price submitted 
by Counterparty on the Website (the Fixed Price) in respect of the Notional 
Quantity per Determination Period. The Notional Quantity per Determination 
Period shall be the volume submitted by Counterparty on the Website, 
multiplied by the number of applicable hours in such Determination Period. 
Each calendar month during the term of the Transaction will be a 
Determination Period; provided that, if the term of the Transaction is less 
than one calendar month the Determination Period shall be the term of the 
Transaction. The Payment Date(s) for Transactions which are less than one 
month will be the fifth (5th) Business Day following the last day of the 
month that includes the Determination Period. The Payment Date(s) for 
Transactions which are one month or longer will be the fifth (5th) Business 
Day following the date on which the Floating Price is determinable.
The transaction is for the applicable hours as set forth herein on each 
Delivery Day for the Effective Date 01 Jun 2001 to the Termination Date 30 
Jun 2001.
The Floating Price during a Determination Period shall be the average of the 
daily prices listed in the Index for power delivered during Peak hours on 
each Delivery Day during the applicable Determination Period.  The Floating 
Price for each Determination Period shall be calculated utilizing the daily 
prices published in Megawatt Daily's Market Report under the headings "Trades 
for Standard 16-Hour Daily Products;Weighted Average Index; ERCOT-B"  (the 
"Index").
The price is quoted in US Dollars per unit of volume, which will be the 
Contractual Currency.
The unit of measure against which the price is quoted shall be megawatt-hours 
(MWh) and the quantity shown shall be in MW's delivered in each applicable 
hour for the duration of the Transaction (the "Hourly Quantity').
The transaction is for on-peak ("Peak") hours on each Delivery Day beginning 
with the hour ending 0700 (6:00 am) and concluding with the hour ending 2200 
(10:00 pm) Central Prevailing Time. "Delivery Day" means a day during the 
term of the transaction that is a Monday, Tuesday, Wednesday, Thursday, or 
Friday, excluding any day that is a NERC holiday.

STEPS FOR APPROVAL:

click the  START button 
select  PROGRAMS
select  TEST APPLICATIONS
select ENRONONLINE CLUSTER(PROD)
 PROCEED WITH USUAL LOGIN/PASSWORD 
click the Enron Online Production Cluster "START" button  
select EnronOnLine (this is the EOL Datamanager)
 PROCEED WITH EOL LOGIN/PASSWORD
click on the "+" for EnronOnLine
click on the "+" for Product Types
click on the "+" for "Awaiting Approval" (OR  "Partially Approved")
select the product requiring review as stated in e-mail above
Right "mouse" click on "properties" to view product set-up 
TO APPROVE:  Right mouse click on "Approved"