We have received the following executed Master Agreement:  Type of Contract:  ISDA Master Agreement (Multicurrency - Cross Border)  Effective Date:   08/14/94  Executed Date:   05/11/00  Enron Entity:   Enron North America Corp.  Counterparty:   J. Aron & Company  Transactions Covered:  All products, except pulp & paper   Please note the following:  1.
This ISDA Master Agreement supersedes and replaces the Master Energy Price  Swap Agreement with the referenced Counterparty dated as of   03/09/93.
2.
Incorporated is the ISDA Master Agreement is the consent to the assignment  by Columbia Energy Services Corporation ("CES") to ENA of the financial   transactions between CES and J. Aron & Company.
3.
J. Aron & Company is the Calculation Agent and Confirming Agent under the  ISDA Master Agreement.

J. Aron & Company
We have received the following executed Master Agreement: Type of Contract: ISDA Master Agreement (Multicurrency - Cross Border) Effective Date: <NUMBER>/<NUMBER>/<NUMBER> Executed Date: <NUMBER>/<NUMBER>/<NUMBER> <COMPANY> Entity: <COMPANY> North America Corp. Counterparty: J. Aron & Company Transactions Covered: All products, except pulp & paper Please note the following: <NUMBER>.
This ISDA Master Agreement supersedes and replaces the Master Energy Price Swap Agreement with the referenced Counterparty dated as of <NUMBER>/<NUMBER>/<NUMBER>.
<NUMBER>.
Incorporated is the ISDA Master Agreement is the consent to the assignment by Columbia Energy Services Corporation ("CES") to <COMPANY> of the financial transactions between CES and J. Aron & Company.
<NUMBER>.
J. Aron & Company is the Calculation Agent and Confirming Agent under the ISDA Master Agreement.
isda master agreement products pulp paper aron number executed date multicurrency supersedes replaces received cross border energy price