Spreadsheet: sara_shackleton__37804__C07sept2001
Sheet: Enron

Commission Schedule
Enron Corp
Exchange | Contract | Currency | Execution | Clearing | Full Service | Ex-Link FS
Europe
LIFFE, London | 3-month & 1-month Euribor Future & Option | EUR | 1.25 | 1.25 | 2.25 | 2
LIFFE, London | 3-month Euro-LIBOR Future | EUR | 1.25 | 1.25 | 2.25 | 1.5
IPE,London | All Energy Futures | USD | 2 | 2.5 | 4 | Not Applicable
LIFFE, London | Stock Options | GBP | 0.75% Min 0.75 | 0.25% Prem | 1.00% [NAME] | 1.00% [NAME]
LIFFE ,London | FT-SE Future & Option | GBP | 0.75 | 1 | 1.6 | 1.5
LIFFE, London | Gilts / Short Sterling Future & Option | GBP | 0.75 | 0.9 | 1.5 | 1.3
LIFFE, London | Euroswiss Future & Option | CHF | 1.15 | 2.1 | 3 | 2.8
LIFFE, London | Euroyen | [NAME] | 110 | 250 | 360 | 330
LIFFE, London | JGB Future | [NAME] | 110 | 250 | 360 | 330
EUREX, Deutschland | Euro-Bund Future & Option | EUR | 1.25 | 1 | 2 | 1.75
EUREX, Deutschland | Euro-Bobl Future & Option | EUR | 1.25 | 1 | 2 | 1.75
EUREX, Deutschland | Euro-Schatz Future & Option | EUR | 1.25 | 1 | 2 | 1.75
EUREX, Deutschland | 3-month Euribor Future & Option | EUR | 1.25 | 1 | 2 | 1.75
EUREX, Deutschland | 1-month Euribor Future | EUR | 1.25 | 1 | 2 | 1.75
EUREX, Deutschland | Stock Options French/Italian/Dutch | EUR | 1.5 | 1.4 | 2.5 | 2.25
EUREX, Deutschland | Stock Options German | EUR | 1.5 | 1.4 | 2.5 | 2.25
EUREX, Deutschland | DAX Future | EUR | 1.5 | 1.15 | 2.25 | 2
EUREX,Deutschland | DAX Option | EUR | 1.5 | 1.4 | 2.5 | 2.25
EUREX, Deutschland | Dow Jones Euro Stoxx 50 Futures | EUR | 1.25 | 1 | 2 | 1.75
EUREX, Zurich | SMI Futures & Options | CHF | 1.5 | 1.6 | 2.75 | 2.4
EUREX, Deutschland | Bund Future & Option | DEM | n.a. | n.a.
EUREX, Deutschland | Bobl Future & Option | DEM | n.a. | n.a.
EUREX, Deutschland | Schatz Future & Option | DEM | n.a. | n.a.
EUREX, Deutschland | 3-month Euromark Future & Option | DEM | n.a. | n.a.
Wiener Borse AG, Vienna | ATX Index Futures | EUR | 2.5 | 7.5 | 10 | Not Applicable
AEX Amsterdam | AEX Index Options | EUR | 3.5 | 3.5 | 7 | Not Applicable
AEX Amsterdam | AEX Index Futures | EUR | 2 | 5 | 7 | Not Applicable
AEX Amsterdam | AEX Single Stock Options | EUR | 0.75% Pr Min 1.50 | 0.25% Prem | 1.00% [NAME] | Not Applicable
ParisBourse S.A. | 10-year Euro Notional Future & Option | EUR | 1.25 | 1 | 1.85 | 1.6
ParisBourse S.A. | 3-month Euribor Future & Option | EUR | 1.25 | 1 | 1.85 | 1.6
ParisBourse S.A. | CAC 40 Index | EUR | 1.25 | 1.4 | 2.5 | 2.25
ParisBourse S.A. | Index Option | EUR | 0.8% prem | 0.2% Prem +fees | 1% prem +fees | 1% prem +fees
ParisBourse S.A. | Stock Options | EUR | 0.8% prem | 0.2% Prem +fees | 1% prem +fees | 1% prem +fees
ADEX, Athens | ASE- 20 Index Futures | DRK | 2750 | 3250 | 6000 | Not Applicable
MEFF RV, Madrid | IBEX 35 Plus Index Future & Option | EUR | 2 | 3 | 5 | 4.75
MEFF RV, Madrid | Stock Options | EUR |  | 0.65 +0.2% prem |  | 0.65 + 0.2% Prem
Tel Aviv S.E. Tel Aviv | ILS/USD Currencies/ MAOF 25 Index | ILS | 4 | 2 | 6 | Not Applicable
North America
CME/CBOT, Chicago | * Stock Index Futures and Option | USD | 1.25 | 2.25 | 3.25 | A/C/E - Globex 3.00
CME/CBOT, Chicago | * Govt Securities, Interest Rate Futures and Options | USD | 1 | 2.25 | 3 | A/C/E - Globex 2.75
CBOE/CME | Nasdaq Index Futures & Options | USD | 2 | 2 | 3.75 | Globex  3.50
NYMEX, New York | All Energy Futures | USD | 2.5 | 2.5 | 4.75 | Not Applicable
FINEX | * USD /Currencies | USD | 1 | 4.5 | 5 | Not Applicable
TSE, Toronto | Toronto- 35, TSE-100 Futures | CAD | 3.25 | 1.5 | 4.75 | Not Applicable
TSE, Toronto | Toronto- 35, TSE-100 Options | CAD | 3.25 | 1.5 | 4.75 | Not Applicable
Asia/Australia
OSE, Osaka | Nikkei-225 | [NAME] | 600 | n/a | 1450 | Not Applicable
TSE, Tokyo | JGB Futures | [NAME] | 600 | n/a | 1400 | Not Applicable
TSE, Tokyo | JGB Options | [NAME] | 600 | n/a | 1500 | Not Applicable
TSE, Tokyo | TOPIX | [NAME] | 600 | n/a | 1200 | Not Applicable
TIFFE, Tokyo | Euroyen | [NAME] | 200 | n/a | 500 | Not Applicable
SIMEX, Singapore | Euroyen | [NAME] | 150 | 300 | 400 | Not Applicable
SIMEX, Singapore | JGB | [NAME] | 300 | 300 | 550 | Not Applicable
SIMEX, Singapore | Eurodollars | USD | 1.25 | 2.5 | 3.5 | Not Applicable
SIMEX, Singapore | Nikkei-225 | [NAME] | 300 | 350 | 550 | Not Applicable
SIMEX, Singapore | MSCI Taiwan Index | USD | 2.5 | 2.5 | 4.5 | Not Applicable
HKFE, Hong Kong | Hang Seng | HKD | 30 | 40 | 65 | 60
KSE, Korea | KOSPI Futures | USD | n/a | n/a | 30 | Not Applicable
SFE, Sydney | All-Ords | AUD | 2 | 1.5 | 3.25 | 3
SFE, Sydney | [NAME] / 3yrs | AUD | 2 | 1.5 | 3.25 | 3
SFE, Sydney | 10 yr [NAME] and options | AUD | 2 | 1.5 | 3.25 | 3
SAFEX, Johannesburg | Equity Index Futures and Options | ZAR | n/a | n/a | 3 | Not Applicable
Commissions are on a per side, per contract basis.  The commissions include exchange/clearing house transaction fees, but exclude exchange/clearing house charges for physical deliveries.  Any additional fees payable in respect of electronic exchange services (e.g. Globex), will be charged on a monthly basis
* Subject to additional pit brokerage and NFA fees when clearing only.
Please note discount for Full Service
Authorised by:
 | [NAME], Director |  | [NAME], Director |  |  | 2001-09-07 00:00:00