ENRON CORP/OR/
CLOSING AGREEMENT
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>d18257exv10w1.htm
<DESCRIPTION>CLOSING AGREEMENT
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<P align="right" style="font-size: 10pt"><B>Exhibit&nbsp;10.1</B>


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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Form&nbsp;906
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Department of Treasury &#151; Internal Revenue<br>
Service</TD>
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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(Rev. January<br>
1994)</DIV></TD>
    <TD>&nbsp;</TD>
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<P align="center" style="font-size: 10pt"><B>Closing Agreement On Final Determination<BR>
Covering Specific Matters</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under <B><I>IRC </I></B>section 7121, Enron Corp. (EIN 47-0255140) as <B><I>Debtor</I></B>, and each
of the other <B><I>Debtors </I></B>that is a signatory hereto (each of which has a mailing
address at 1221 Lamar Street, Suite&nbsp;1600, Houston, Texas 77010) and the
Commissioner of Internal Revenue make the following closing agreement on final
determination covering specific matters (&#147;<B><I>Closing Agreement</I></B>&#148;):


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS, </B><B><I>Debtors </I></B>have filed voluntary petitions for relief under Chapter
11 of the United States Bankruptcy Code in the <B><I>Bankruptcy Court</I></B>;


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, the <B><I>Bankruptcy Plan </I></B>was confirmed by order of the <B><I>Bankruptcy
Court </I></B>entered on July&nbsp;15, 2004;


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, <B><I>Debtors </I></B>have filed a request for ruling regarding the effect of
the confirmation of the <B><I>Bankruptcy Plan </I></B>on the proper time for realization of
<B><I>COD Income </I></B>by <B><I>Debtors </I></B>with respect to <B><I>Claims</I></B>;


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, an issue has arisen concerning the proper time for realization of
<B><I>COD Income </I></B><B>by </B><B><I>Debtors </I></B>with respect to <B><I>Debt Instrument Claims</I></B>, and consequent
attribute reduction under <B><I>IRC </I></B>section 108; and


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>WHEREAS</B>, <B><I>Debtors </I></B>and the Commissioner of Internal Revenue desire to
resolve these issues with finality for all tax years beginning with the
<B><I>Debtors&#146; </I></B>tax year ended December&nbsp;31, 2001, and up to and including <B><I>Debtors&#146;</I></B>
last taxable year including the <B><I>Discharge Date</I></B>.


<P align="left" style="font-size: 10pt"><B>NOW IT IS HEREBY DETERMINED AND AGREED </B>that:



<P align="left" style="font-size: 10pt">1. As used in this <B><I>Closing Agreement</I></B>, the following terms shall have the
respective meanings specified below:



<P align="left" style="font-size: 10pt">(a). <B><I>Applicable Date</I></B>: the Applicable Date as defined in paragraph 2(a) of this
<B><I>Closing Agreement</I></B>.



<P align="left" style="font-size: 10pt">(b). <B><I>Bankruptcy Court</I></B>: the United States Bankruptcy Court for the Southern
District of New York.





<P align="center" style="font-size: 10pt">&nbsp;
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<P align="left" style="font-size: 10pt">(c). <B><I>Bankruptcy Plan</I></B>: <B><I>Debtors&#146; </I></B>Supplemental Modified Fifth Amended Joint Plan
of Affiliated Debtors pursuant to Chapter&nbsp;11 of the United States Bankruptcy
Code, dated July&nbsp;2, 2004.



<P align="left" style="font-size: 10pt">(d). <B><I>Claim</I></B>: any <B><I>Debt Instrument Claim </I></B>or <B><I>Other Claim</I></B>.



<P align="left" style="font-size: 10pt">(e). <B><I>COD Income</I></B>: amounts realized for federal income tax purposes as a result
of discharge of indebtedness.



<P align="left" style="font-size: 10pt">(f). <B><I>COD Reference Value</I></B>: adjusted issue price (as defined in Treasury
Regulation &#167;1.1275-1(b)) on December&nbsp;2, 2001, increased by (i)&nbsp;any amount of
accrued but unpaid qualified stated interest (as defined in Treasury Regulation
&#167;1.1273-1(c)(1)) deducted by the issuer of the debt instrument for federal
income tax purposes for any period prior to the <B><I>Applicable Date </I></B>and (ii)&nbsp;any
amount of original issue discount accrued after December&nbsp;2, 2001, and deducted
by the issuer of the debt instrument for federal income tax purposes for any
period prior to the <B><I>Applicable Date</I></B>.



<P align="left" style="font-size: 10pt">(g). <B><I>Convenience Claim</I></B>: except as otherwise provided in the <B><I>Bankruptcy Plan</I></B>, a
<B><I>Debt Instrument Claim </I></B>or an <B><I>Other Claim </I></B>that is either equal to or less than
Fifty Thousand Dollars ($50,000.00), or is greater than Fifty Thousand Dollars
($50,000.00) but with respect to which the holder thereof voluntarily reduces
the <B><I>Claim </I></B>to Fifty Thousand Dollars.



<P align="left" style="font-size: 10pt">(h). <B><I>Debt Instrument Claim</I></B>: any allowed claim under the <B><I>Bankruptcy Plan </I></B>against
any <B><I>Debtor </I></B>which constitutes a right to payment on a debt instrument (as
defined in Treasury Regulation &#167;1.1275-1(d)), except to the extent that payment
of the claim would give rise to a deduction (and that has not previously been
deducted) for federal income tax purposes.



<P align="left" style="font-size: 10pt">(i). <B><I>Debtors</I></B>: Debtors listed in section 1.77 of the <B><I>Bankruptcy Plan </I></B>in respect
of whom the <B><I>Bankruptcy Plan </I></B>was confirmed.



<P align="left" style="font-size: 10pt">(j). <B><I>Discharge Date</I></B>: the date that all creditors&#146; <B><I>Claims </I></B>against the <B><I>Debtors</I></B>
are discharged and released in full pursuant to the <B><I>Bankruptcy Plan</I></B>.



<P align="left" style="font-size: 10pt">(k). <B><I>Effective Date</I></B>: the Effective Date as defined in section 1.96 of the
<B><I>Bankruptcy Plan</I></B>, but in no event a date later than December&nbsp;31, 2004.



<P align="left" style="font-size: 10pt">(l). <B><I>IRC</I></B>: the Internal Revenue Code of 1986, as amended.



<P align="left" style="font-size: 10pt">(m). <B><I>Liquidation Date</I></B>: the date that the holder of a <B><I>Claim </I></B>has received all
distributions to which the holder of the <B><I>Claim </I></B>is entitled under the <B><I>Bankruptcy
Plan</I></B>.





<P align="center" style="font-size: 10pt">2
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<P align="left" style="font-size: 10pt">(n). <B><I>Other Claim</I></B>: any allowed claim under the <B><I>Bankruptcy Plan </I></B>against any
<B><I>Debtor</I></B>, other than: (i)&nbsp;a <B><I>Debt Instrument Claim</I></B>, (ii)&nbsp;a claim with respect to
an equity interest in any <B><I>Debtor</I></B>, or (iii)&nbsp;a claim to the extent that payment
of the claim would give rise to a deduction (and that has not previously been
deducted) for federal income tax purposes.



<P align="left" style="font-size: 10pt">2.  (a). With respect to each <B><I>Debt Instrument Claim </I></B>other than a <B><I>Convenience
Claim</I></B>, <B><I>Debtors </I></B>shall realize <B><I>COD Income </I></B>on the earliest of the following three
dates (the &#147;<B><I>Applicable Date</I></B>&#148;):



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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the <B><I>Liquidation Date </I></B>in respect of such <B><I>Debt
Instrument Claim</I></B>;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the <B><I>Discharge Date</I></B>; or</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(iii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>December&nbsp;31, 2006</TD>
</TR>

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<P align="left" style="font-size: 10pt">in an amount equal to the excess, if any, of (x)&nbsp;the <B><I>COD Reference Value </I></B>of
such <B><I>Debt Instrument Claim </I></B>on the <B><I>Applicable Date </I></B>over (y)&nbsp;the sum of the
amounts paid or distributed under the <B><I>Bankruptcy Plan </I></B>with respect to the <B><I>Debt
Instrument Claim </I></B>and the fair market value of the <B><I>Debt Instrument Claims</I></B>, if
any, on the <B><I>Applicable Date </I></B>after taking such amounts paid or distributed into
account;



<P align="left" style="font-size: 10pt">(b). With respect to each <B><I>Other Claim </I></B>that is not a <B><I>Convenience Claim</I></B>, <B><I>Debtors</I></B>
shall realize <B><I>COD Income </I></B>as determined under applicable federal income tax
principles on the earlier of the <B><I>Liquidation Date </I></B>or the <B><I>Discharge Date</I></B>;



<P align="left" style="font-size: 10pt">(c). With respect to each <B><I>Convenience Claim </I></B>that is not also a <B><I>Debt Instrument
Claim</I></B>, <B><I>Debtors </I></B>shall realize <B><I>COD Income </I></B>on the <B><I>Effective Date </I></B>in an amount
equal to the difference between the allowed amount of such <B><I>Claim</I></B>, before any
voluntary reduction by the holder associated with treatment of the <B><I>Claim </I></B>as a
<B><I>Convenience Claim</I></B>, and the amount of the distributions to be made with respect
to such <B><I>Claim </I></B>pursuant to the <B><I>Bankruptcy Plan</I></B>;



<P align="left" style="font-size: 10pt">(d). With respect to each <B><I>Convenience Claim </I></B>that is also a <B><I>Debt Instrument
Claim</I></B>, <B><I>Debtors </I></B>shall realize <B><I>COD Income </I></B>on the <B><I>Effective Date </I></B>in an amount
computed in accordance with paragraph 2(a) of this <B><I>Closing Agreement</I></B>, except
that:



<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the <B><I>Applicable Date </I></B>shall be the <B><I>Effective
Date</I></B>, and</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no adjustment shall be made to the adjusted
issue price of such claim on December&nbsp;2, 2001, due to any
voluntary reduction by the holder associated with treatment
of the <B><I>Claim </I></B>as a <B><I>Convenience Claim</I></B>; and</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt">(e). <B><I>Debtors </I></B>shall realize <B><I>COD Income </I></B>at the times provided in paragraphs 2(a),
2(b), 2(c) and 2(d) of this <B><I>Closing Agreement</I></B>. <B><I>Debtors </I></B>shall not realize <B><I>COD
Income </I></B>except as otherwise provided in paragraphs 2(a), 2(b), 2(c) and 2(d) of
this <B><I>Closing Agreement</I></B>.




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<P align="left" style="font-size: 10pt">3.  (a). Tax attributes of <B><I>Debtors </I></B>shall be reduced in accordance with the
provisions of <B><I>IRC </I></B>section 108(b) to take account of the amount of <B><I>COD Income</I></B>
realized by the respective <B><I>Debtors </I></B>in accordance with the terms of this <B><I>Closing
Agreement</I></B>.



<P align="left" style="font-size: 10pt">(b). <B><I>Debtors </I></B>represent that all <B><I>Debtors </I></B>currently have taxable years ending
December&nbsp;31st. <B><I>Debtors </I></B>will retain such taxable years during the period
covered by this <B><I>Closing Agreement</I></B>, and <B><I>Debtors </I></B>agree that during the period
covered by this <B><I>Closing Agreement</I></B>, <B><I>Debtors </I></B>shall not transfer assets in a
transaction to which either <B><I>IRC </I></B>section 351 or 381(a) applies unless the transferee corporation has a
taxable year ending December&nbsp;31, and such transferee (and any transferee of
such transferee in a tax-free transfer) shall retain a December&nbsp;31 taxable year
through the taxable year ending December&nbsp;31, 2006. In the event that a Debtor
transfers its assets to a transferee corporation that has a taxable year ending
on a date other than December&nbsp;31, or the transferee (or transferee of a
transferee in a tax-free transfer) prior to December&nbsp;31, 2006, changes its
taxable year to a taxable year ending on a date other than December&nbsp;31, then
the transferor shall realize <B><I>COD Income </I></B>at the time of the transfer as measured
by paragraphs 2(a), 2(b), 2(c), and 2(d) of this <B><I>Closing Agreement</I></B>.



<P align="left" style="font-size: 10pt">(c). This <B><I>Closing Agreement </I></B>does not address or constitute verification of the
existence or amount of any of <B><I>Debtors&#146; </I></B>tax attributes. Until <B><I>Debtors&#146; </I></B>tax
attributes have been verified by the Commissioner of internal Revenue or become
the subject of any other closing agreements entered into by the <B><I>Debtors </I></B>and the
Commissioner of Internal Revenue, they are subject to verification and
adjustment in accordance with applicable law.



<P align="left" style="font-size: 10pt">4. This <B><I>Closing Agreement </I></B>is final and conclusive except:




<P align="left" style="margin-left:3%; font-size: 10pt">the matter it relates to may be reopened in the event of fraud,
malfeasance, or misrepresentation of material fact;



<P align="left" style="margin-left:3%; font-size: 10pt">it is subject to the <B><I>IRC </I></B>sections that expressly provide that effect be
given to their provisions (including any stated exception for <B><I>IRC </I></B>section
7122) notwithstanding any other law or rule of law; and



<P align="left" style="margin-left:3%; font-size: 10pt">if it relates to a tax period ending after the date of this agreement, it
is subject to any law, enacted after the agreement date, that applies to
that tax period.



<P align="left" style="margin-left:3%; font-size: 10pt"><B>By signing, the parties certify that they have read and agreed to the
terms of this document.</B>


<P align="left" style="font-size: 10pt">On behalf of Enron Corp. (E1N 47-0255140), EFS Construction Management
Services, Inc. (EIN 52-2329005), Artemis Associates, LLC (EIN 76-0567413),
Atlantic Commercial Finance, Inc. (EIN 76-0486649), BAM Lease Company (EIN
76-0673771) Calcasieu Development Company, L.L.C. (EIN 76-0318139), Calvert City
Power I, L.L.C.



<P align="center" style="font-size: 10pt">4
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<P align="left" style="font-size: 10pt">(EIN 76-0318139), (EIN 76-0318139), Calypso Pipeline, LLC (EIN
76-0486649), Clinton Energy Management Services, Inc. (EIN 31-1162118),
DataSystems Group, Inc. (EIN 76-0308086); EBF LLC (EIN 76-0318139), ECI-Nevada
Corp. (EIN 93-1262453), ECT Merchant Investments Corp. (EIN 76-0599617), ECT
Securities GP Corp. (EIN 76577979), ECT Securities LP Corp. (EIN 84-1470756),
ECT Strategic Value Corp. (EIN 47-0681394), EES Service Holdings, Inc. (EIN
52-2343627), EESO Merchant Investments, Inc. (EIN 52-2310215), EFS Holdings,
Inc. (EIN 25-1541640), EFS I, Inc. (EIN 25-1754253), EFS II, Inc. (EIN
23-2116617), EFS III, Inc. (EIN 22-3095720), EFS IV, Inc. (EIN 22-3091119), EFS
IX, Inc. (EIN 51-0363385), EFS V, Inc. (EIN 51-363392), EFS VII, Inc.
(EIN 51-0363386), EFS VIII, Inc. (EIN 25-1013720), EFS X, Inc. (EIN 54-1692585), EFS
XI, Inc. (EIN 54-1579059), EFS XII, Inc. (EIN 54-1868064), EFS XV, Inc. (EIN
25-1644666), EFS XVII, Inc. (ETN 51-0363387), EGP Fuels Company, (EIN
76-0387024), EGS New Ventures Corp. (EIN 76-0397088), ENA Upstream Company LLC
(EIN 76-0318139), EnRock Management, LLC (EIN 91-1952830), Enron Acquisition
III Corp. (EIN 76-0545239), Enron ACS, Inc. (EIN 76-0158608), Enron Alligator
Alley Pipeline Company (EIN 76-0651800), Enron Asia Pacific/Africa/China LLC
(EIN 76-0486649), Enron Asset Management Resources, Inc. (EIN 76-0659667),
Enron Broadband Services, Inc. (EIN 93-1205987), Enron Broadband Services, L.P.
(EIN 93-1311605), Enron Capital &#038; Trade Resources International Corp. (EIN
76-0482792), Enron Caribbean Basin LLC (EIN 82-0561983), Enron Communications
Group, Inc. (EIN 91-1799114), Enron Communications Leasing Corp. (EIN
76-0611232), Enron Credit Inc. (EIN 51-0407930), Enron Development Corp. (EIN
76-0366259), Enron Energy Information Solutions, Inc. (EIN 25-1642266), Enron
Energy Marketing Corp. (EIN 94-3240290), Enron Energy Services North America,
Inc. (EIN 94-2331224), Enron Energy Services Operations, Inc. (EIN 76-0551327),
Enron Energy Services, Inc. EIN 76-0551325), Enron Energy Services, LLC (EIN
52-2074178), Enron Engineering &#038; Construction Company (EIN 76-0172740), Enron
Engineering &#038; Operational Services Company (EIN 52-2328736), Enron Equipment
Procurement Company (EIN 76-0452511), Enron Expat Services, Inc. (EIN
76-0324317), Enron Federal Solutions, Inc. (EIN 76-0571895), Enron Freight
Markets Corp. (EIN 36-4308789), Enron Fuels International, Inc. (EIN
76-0400036), Enron Gas Liquids, Inc. (EIN 76-0193183), Enron Gathering Company
(EIN 76-0443487), Enron Global LNG LLC (EIN 76-0486649), Enron Global Markets
LLC (EIN 47-0255140), Enron India LLC (EIN 76-0486649), Enron Industrial
Markets LLC (EIN 47-0255140), Enron International Asia Corp. (EIN 76-0493058),
Enron International Asset Management Corp., (EIN 76-0515860), Enron
International Fuel Management Company (EIN 76-0616051), Enron International
Holdings Corp. (EIN 76-0395191), Enron International Inc. (EIN 76-0529066),
Enron International Korea Holdings Corp. (EIN 76-0602854), Enron Liquid Fuels,
Inc. (EIN 76-0387023), Enron Liquid Services Corp. (EIN 76-0474342), Enron LNG
Marketing LLC (EIN 51-0406201), Enron Machine and Mechanical Services, Inc.
(EIN 76-0588663), Enron Management, Inc. (EIN 76-0388554), Enron Metals &#038;
Commodity Corp. (EIN 13-3910153), Enron Methanol Company (EIN 76-0266729),
Enron Middle East LLC (EIN 76-0486649), Enron Natural Gas Marketing Corp. (EIN
76-0481290), Enron Net Works LLC (EIN 47-0255140), Enron North America Corp.
(EIN 76-0318139), Enron Operations Services Corp.




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<P align="left" style="font-size: 10pt">(EIN 76-0402581), Enron
Permian Gathering Inc. (EIN 76-0449256), Enron Pipeline Construction Services
Company (EIN 47-0624174), Enron Pipeline Services Company (EIN 76-0656639),
Enron Power &#038; Industrial Construction Company (EIN 52-2267528), Enron Power
Corp. (EIN 76-0275808), Baron Power Marketing, Inc. (EIN 76-0413675), Enron
Processing Properties, Inc. (EIN 76-0531858), Enron Property &#038; Services Corp.
(EIN 76-0487744), Enron Reserve Acquisition Corp. (EIN 76-0323755), Enron South
America LLC (EIN 76-0486649), Enron Telecommunications, Inc. (EIN 93-1287862),
Enron Trailblazer Pipeline Company (EIN 47-0624170), Enron Transportation
Services Company (EIN 76-0323922), Enron Ventures Corp. (EIN
76-0525820), Enron WarpSpeed Services, Inc. (EIN 68-0378827), EnronOnline, LLC
(EIN 76-0255140), ET Power 3 LLC (EIN 76-0486649), Intratex Gas Company (EIN
74-1652491), KUCC Cleburne, LLC (EIN 76-0318139), LGMI, Inc. (EIN 73-1422277),
EFS XIII, Inc. fka Harper Mechanical Corporation (EIN 59-0711627), LOA, Inc.
(EIN 76-0158609), Louisiana Gas Marketing Company (EIN 73-1099802), Louisiana
Resources Company (EIN 73-0966930), LRCI, Inc. (EIN 73-1422279), Modulus
Technologies, Inc. (F-IN 760376050), EPC Estate Services, Inc. f/k/a National
Energy Production Corporation (EIN 76-0540797), NEPCO Power Procurement Company
(EIN 52-2310299), NEPCO Services International, Inc. (EIN 52-2084929), Omicron
Enterprises, Inc. (EIN 76-0567108), Operational Energy Corp. (EIN 95-4168461),
Oswego Cogen Company, LLC (EIN &#151; none), Palm Beach Development Company, L.L.C.
(EIN 76-0318139), Paulista Electrical Distribution, L.L.C. (EIN 52-2158993),
PBOG Corp. (EIN 76-0698198), Portland General Holdings, Inc. (EIN 93-0925597),
Portland Transition Company, Inc. (EIN 91-1824218), Risk Management &#038; Trading
Corp. (EIN 76-0539176), Smith Street Land Company (EIN 76-0348670), St. Charles
Development Company, L.L.C. (EIN 76-0318139), Superior Construction Company
(EIN 52-2086470), Tenant Services, Inc. (EIN 52-2205414), The New Energy
Trading Company (EIN 76-0696361), The Protane Corporation (EIN 34-0791662), TLS
Investors, L.L.C. (EIN 76-0599617), Transwestern Gathering Company (EIN
76-0452510), Garden State Paper Company, LLC (EIN 76-0684706),



<P align="left" style="font-size: 10pt"><B><I>Debtors </I></B>that join Enron Corp. in the filing of a consolidated federal income tax return:


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="22%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="39%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">By
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Robert H. Walls Jr.
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Date Signed
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">8/31/04</TD>
</TR>

<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><HR size="1" noshade>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Title:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Executive Vice President and</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">General Counsel</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">By:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ K. Wade Cline</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><HR size="1" noshade>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">K. Wade Cline</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Title:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Managing Director and Asst.</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">General Counsel*</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>



<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">*</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>On behalf of all Debtors other than Enron Corp.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt">On behalf of Cabazon Holdings LLC (EIN 76-0514751), Cabazon Power Partners LLC
(EIN 76-0514751), Enron Renewable Energy Corp. (EIN 76-0514751), Enron Wind
Constructors Corp. (EIN 77-0102514), Enron Wind Corp. (EIN 77-0085374), Enron
Wind Development LLC (EIN 76-0514751), Enron Wind Energy Systems Corp. (EIN
77-0086291), Enron Wind Lake Benton LLC (EIN 76-0514751), Enron Wind
Maintenance Corp. (EIN 77-0397106), Enron Wind Storm Lake I LLC (EIN
76-0514751), Enron Wind Storm Lake II LLC (EIN 76-0514751), Enron Wind
Systems, Inc. (EIN 95-3595766), EREC Subsidiary I, LLC (EIN 76-0514751), EREC
Subsidiary II,




<P align="center" style="font-size: 10pt">6
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">




<P align="left" style="font-size: 10pt">LLC (EIN 76-0514751), EREC Subsidiary III, LLC (EIN 76-0514751),
EXEC Subsidiary IV, LLC (EIN 76-0514751), EREC Subsidiary V, LLC (EIN
76-0514751), Green Power Partners I LLC (E1N 76-0514751), Victory Garden Power
Partners LLC (EIN 52-2235734), Zond Minnesota Construction Company LLC (EIN
52-2061866), Zond Pacific, LLC (EIN 76-0514751), ZVVHC LLC (EIN 76-0514751),
Enron Brazil Power Holdings I Ltd. (EIN &#151; none), Enron Brazil Power Holdings XI
Ltd. (EIN &#151; none), Enron Brazil Power Investments XI Ltd. (EIN &#151; none), Enron
Caribe VI Holdings Ltd. (EIN &#151; none), Enron Commercial Finance Ltd. (EIN -
none), Enron Development Funding Ltd. (EIN &#151; none), Enron Development
Management Ltd., (EIN &#151; none), Enron do Brazil Holdings Ltd. (EIN &#151; none),
Enron LNG Shipping Company (EIN &#151; none), Nowa Sarzyna Holding BV (EIN &#151; none),
San Juan Gas Company, Inc. (EIN 66-0516873), E Power Holdings Corp. (EIN
52-2209612), ECI-Texas, L.P. (EIN 91-1952832), ECT Securities Limited
Partnership (EIN 76-0577980), EFS VI, L.P. (EIN 22-3310495), ENA Asset Holdings
L.P. (EIN 76-0629563), EnRock, L.P. (EIN 91-1952833), Enron Global Power &#038;
Pipelines L.L.C. (EIN 76-0456366), Enron Holding Company L.L.C. (EIN
76-0456367), Jovinole Associates (EIN 25-1478670), LINGTEC Constructors L.P.
(EIN 98-0203303), Richmond Power Enterprise, L.P (EIN 760545245),



<P align="left" style="font-size: 10pt"><B>Debtors </B>(not affiliated with Enron Corp.) that do not join Enron Corp. in the
filing of a consolidated federal income tax return:


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
   <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="22%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="39%">&nbsp;</TD>

</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">By:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ K. Wade Cline
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Date Signed
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">8/31/04</TD>
</TR>

<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><HR size="1" noshade>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Title:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Managing Director and Asst.</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">General Counsel</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>



<P align="left" style="font-size: 10pt">COMMISSIONER OF INTERNAL REVENUE


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
   <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="22%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="39%">&nbsp;</TD>

</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">By
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Lon B. Smith
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Date Signed </TD>
<TD>&nbsp;</TD>
<TD>9/1/04</TD>
</TR>

<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><HR size="1" noshade>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Title
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Associate Chief Counsel (FIP)</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">By
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ George Blaine
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Date Signed</TD>
<TD>&nbsp;</TD>
<TD>9/1/04</TD>
</TR>

<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><HR size="1" noshade>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Title
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Acting Associate Chief</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Counsel (ITA)</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>




<P align="center" style="font-size: 10pt">7
</DIV>

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