Spreadsheet: sara_shackleton__36603__ENA bankruptcy early term logcurrent update
Sheet: Termination

 | Events of Default/Termination
 | Master [NAME]
 | Notes:  Negative collateral number means  money was posted by Enron
Term | Counterparty | Attorney Assigned | Enron Entity | Amount (if applicable) as determined by CP Collateral (posted by ENE) Net amount | Infinity Valuation | Early Termination Date | Nature of Default (if any) | Contract Type(s) | Comments | Margin (Posted by Enron) Posted to Enron
Y | Bank of America, N.A. |  | ENA | -85492355 | -2066746.19 | 2001-11-30 00:00:00 | MAC, failure to delivery performance assurance | ISDA (02/28/92) | 12/07 ltr - calculates amount due, previous amount was preliminary; amount is [NAME]'s preliminary estimate of Loss | -48000000
Y | Bank of Montreal |  | ENA |  | -36098897.55 | 2001-12-03 00:00:00 | bankruptcy | ISDA (11/15/1996)
Y | Barclays Bank PLC |  | Richmond Power Enterprise, L.P. |  |  | 2001-12-18 00:00:00 | bankruptcy | Interest Rate and Currency Exchange Agreement (03/22/1990) | deals 209413, 209416, 209417, 209751
Y | Barclays Bank PLC |  | ENA | (72,617,084). Total, (27,165,493) collateral   (45,602,295) net | 10412496.41 | 2001-12-04 00:00:00 | bankruptcy | ISDA (01/13/1994) | Barclays will provide statement of payments due | -27165493
Y | BNP Paribas |  | ENA |  | -2506742.87 | 2001-12-03 00:00:00 | bankruptcy | ISDA (06/28/1995)
Y | Canadian Imperial Bank of Commerce |  | ENA | 9,899,527.48 amt equals collateral + interest owed to CIBC held by Enron | 964937.08 | 2001-12-03 00:00:00 | bankruptcy | ISDA (10/01/1994) | request transfer of all posted collateral and interest amounts | 9885000
Y | Christiania Bank OG Kreidtkasse ASA |  | ENA |  | 74079.88 | 2001-12-07 00:00:00 | Event of Default; failure to provide performance assurance, bankruptcy | ISDA Master Agreement (02/22/01)
 | Citibank, N.A. |  | ENA | -2311531 | -2137900.53 | 2001-12-02 00:00:00 | insolvency, bankrupcty | Foreign Exchange Agreements | 12/05 ltr calculates Settlement Amount
Y | Citibank, N.A. |  | ENA | (65,908,567) Total (60,649,844) Collateral (5,258,723) net |  | 2001-12-03 11:00:00 | bankruptcy | ISDA (11/17/1992) | 12/06 ltr requests amount due to be paid by Enron Corp., as Guarantor; 12/05 ltr calculates amount due, which represents Settlement Amount setoff agains posted collateral | (60,649,844) per Citibank
Y | Credit Suisse First Boston London Branch |  | ENA |  | 1588840.19 | 2001-12-04 00:00:00 | bankruptcy | foreign exchange transactions | CSFB will calculate amount due
Y | Deutsche Bank AG |  | ENA | (53,944,833) Total (30,955,388.30) Collateral (22,989,444.70) Net | -1272847.66 | 2001-12-03 00:00:00 | bankruptcy | ISDA (12/29/2000) | 12/06 ltr calculates amount due, which represents [NAME]'s Loss setoff against Posted Collateral | (30,955,388.30) per DB
Y | General Re Financial Products Corporation |  | ENA | (43,115,000)Total (29,625,000) Collateral  (13,424,853.99) Net | -42332207.84 | 2001-12-03 00:00:00 | Event of Defualt, failure to deliver collateral | ISDA Master Agreement (2/1/94) | 12/04 - have calculated amount and are requesting from Enron Corp., noted that balance will accrue interest from the Early Term. Date; 11/30 - will contact ENA 12/03/2001 to discuss settlement, calculated amt is accruing interest | -29625000
Y | Goldman Sachs Capital Markets, L.P. |  | ENA |  | 39114249.38 | 2001-12-04 00:00:00 | bankruptcy | ISDA (10/21/1996) | GS will calculate amounts due | 17150000
Y | Goldman, Sachs & Co. |  | ENA |  |  | 2001-12-03 00:00:00 | sect. 9 | Coporate Account Agreement (09/21/2001) and Prime Brokerage Supplement thereto | Per Sara, date of agreement should be 12/03/1999
Y | J. Aron & Company |  | ENA |  | 4893099.24 | 2001-12-03 00:00:00 | bankruptcy | ISDA (08/14/1994) | [NAME] will calculate amounts due | 11250000
Y | JP Morgan Chase Bank |  | ENA | 52,383,932 (IR/FX value) 226,399,450 Gas Portfolio 16,745,359 Oil Portfolio 377,150,000 Collateral held (83,075,464) return to Chase |  | 2001-11-29 00:00:00 | bankruptcy | Interest Rate and Currency Exchange Agreement (04/05/1994) | Chase sets off collateral posted to Enron against the value of its Enron Portfolio, requests ENE return the difference + outstanding receivables owed to Chase | 337,150,000 per Chase
Y | Merrill Lynch Capital Services, Inc. |  | ENA |  | -100022900.77 | 2001-12-03 00:00:00 | credit support default - failure to provide assurance | ISDA (12/02/1992) | Merrill Lynch will prepare statement | -91800000
Y | Merrill Lynch Inernational Bank Limited |  | ENA |  | -234820.08 | 2001-12-03 00:00:00 | bankruptcy | ISDA (07/01/1995)
Y | National Australia Bank Limited |  | ENA | -834566.48 | -760556.27 | 2001-12-05 00:00:00 | bankruptcy | ISDA (01/21/2000) | 12/10 ltr calculates amount due
Y | Royal Bank of Canada |  | ENA |  | 14232567.87 | 2001-12-04 00:00:00 | Events of Default | ISDA (2/15/95)
Y | Royal Bank of Scotland PLC, The |  | ENA |  | -68746399.87 | 2001-12-03 00:00:00 | bankruptcy | ISDA (12/10/1999) | RBS will calculate amount due
Y | Northern Natural Gas Company |  | RMT |  | -17703.7 | 2001-12-14 00:00:00 | bankruptcy | ISDA (11/27/2000) | Northern will calculate amount due on certain transactions--FX deals not listed amongst the transactions
 | Skandinaviska Enskilda Banken AB |  | ENA | EUR payment due to Enron, SEB calculating amount, wants ENE to provide EUR account to send payment to | 5,099,199.32, need to revalue in EUR | 2001-12-11 00:00:00 | failure to pay or deliver, bankruptcy | ISDA (11/16/1999) | 12/13 ltr states that once we provide them with instructions on where to send payment and evidence that the person signing the instructions is authorized to do so, they will send us payment in EUR, have obtained Market Quotations for all outstanding transactions
Y | Swiss Re Financial Products Corporation |  | ENA | (42,888,636.13) Total  (36,100,000) Collateral  (6,788,636.13) Net | 4092277.73 | 2001-12-03 00:00:00 | failure to deliver collateral, bankruptcy | ISDA (10/15/1998) | Swiss Re has recalculated amount due, less posted collateral it is holding | (36,100,000) per Swiss Re
Y | Toronto Dominion (Texas), Inc. |  | ENA | 149552240 | 1659790 | 2001-12-17 00:00:00 | bankruptcy | ISDA (12/18/1998) | Toronto Dominion has calculated amount due (attached schedule)
Y | UBS AG |  | ENA |  | -2141433.82 | 2001-12-05 00:00:00 | bankruptcy | ISDA (05/31/1993) | no further payments or deliveries will be made, UBS will calculate payment
Y | Westdeutsche Landesbank Girozentrale (NY Branch) |  | ENA |  | 1789472.85 | 2001-12-04 00:00:00 | bankruptcy | ISDA (04/22/1998)
Y | Enron Metals Limited |  | RMT |  |  | 2001-12-21 00:00:00 | several defaults have occurred | ISDA (08/29/2000)