Type of Contract:  ISDA Master Agreement (Multicurrency-Cross Border)  Effective Date:   December 27, 2000  Enron Entity:   Enron Canada Corp.  Counterparty:   Enron Canada Power Corp.
Transactions Covered:  Approved for all products.
Confirming Entity:  Enron Canada Corp.  Governing Law:   Alberta   Copies will be distributed.

Enron Canada Corp./Enron Canada Power Corp.