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Regarding the GISB, issues remaining are Section 3.2 Performance Obl. and their Guaranty. We prefer Spot Standard for Section 3.2 however, they argue the Cilco city gate does not have a "Spot Market" . If the city gate is their end user I will give on this point. Tammy is checking on this. The only other issue is their Guaranty to Enron. I have no problem with amending the gty or putting a new one in place. Having said that, I would prefer they draft the amendment. This of course is contingent on credits ok with the change in the gty amount. FYI, I will be out to the office tomorrow afternoon for meetings. If you need me leave a message with my assistant and I will call you back. dp

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CILCO