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We have received the following financial Master Agreement: Type of Contract: ISDA Master Agreement (Multicurrency-Cross Border) Effective Date: March 9, 2001 Enron Entity: Enron North America Corp. Counterparty: Catequil Overseas Partners Ltd. Transactions Covered: Approved for all products with the exception of: Foreign Exchange Confirming Entity: Enron North America Corp. Governing Law: New York Special Handling Requirement: Counterparty has five (5) Local Business Days after a confirmation was effectively received by it to accept or dispute a confirmation. Copies will be distributed.

What is the subject of this email?
Catequil Overseas Partners Ltd.