We have received an executed financial master agreement:  Type of Agreement:		ISDA Master Agreement (Multicurrency-Cross Border)  Effective Date:			September 27, 2001  Enron Entity:			Enron North America Corp.  Counterparty:			Public Utility District No.
1 of Franklin County  Transactions Covered:		The agreement is limited to natural gas, electricity or other energy used for the production of electricity.
Confirming Entity:		Enron North America Corp.  Governing Law:     			New York  Special Handling Requirements:   No special handling requirements   Copies will be distributed.

Public Utility District No. 1 of Franklin County

We have received an executed financial master agreement: Type of Agreement: ISDA Master Agreement (Multicurrency-Cross Border) Effective Date: September <NUMBER>, <NUMBER> <COMPANY> Entity: <COMPANY> North America Corp. Counterparty: Public Utility District No.
<NUMBER> of Franklin County Transactions Covered: The agreement is limited to natural gas, electricity or other energy used for the production of electricity.
Confirming Entity: <COMPANY> North America Corp. Governing Law: New York Special Handling Requirements: No special handling requirements Copies will be distributed.
franklin county transactions new york isda master agreement date september number limited natural cross border effective multicurrency gas electricity handling requirements copies