245 Park Avenue, NYC, NY 10167;;tel..212-272-2557.

Regards,

Sharon

> -----Original Message-----
> From: Sara.Shackleton@enron.com [SMTP:Sara.Shackleton@enron.com]
> Sent: Wednesday, May 16, 2001 2:38 PM
> To: schernick@bear.com
> Cc: Tom.Doukas@enron.com; Cheryl.Nelson@enron.com
> Subject: RE: Amendment to Enron Corp. $25 Million guaranty of Enron
> Credit  Inc. obligations to Bear, Stearns et als
>
>
> Sharon:
>
> Should we Fed Ex the amendment to you?  If so, please advise address and
> phone number.  Thanks.
>
>
> Sara Shackleton
> Enron North America Corp.
> 1400 Smith Street, EB 3801a
> Houston, Texas  77002
> 713-853-5620 (phone)
> 713-646-3490 (fax)
> sara.shackleton@enron.com
>
>
>
>
>                     "Chernick,
>
>                     Sharon               To:
> "'Sara.Shackleton@enron.com'" <Sara.Shackleton@enron.com>,
>                     Confidential         "'schernick@bear.com'"
> <schernick@bear.com>
>                     Memo-Counsel         cc:     "'Tom.Doukas@enron.com'"
> <Tom.Doukas@enron.com>,
>                     (Exchange)"          "'Cheryl.Nelson@enron.com'"
> <Cheryl.Nelson@enron.com>
>                     <schernick@be        Subject:     RE: Amendment to
> Enron Corp. $25 Million guaranty of Enron
>                     ar.com>              Credit   Inc. obligations to
> Bear, Stearns et als
>
>
>                     05/16/2001
>
>                     09:55 AM
>
>
>
>
>
>
>
>
>
> My fax number is 212-272-5917.
>
> > -----Original Message-----
> > From:   Sara.Shackleton@enron.com [SMTP:Sara.Shackleton@enron.com]
> > Sent:   Tuesday, May 15, 2001 7:39 PM
> > To:     schernick@bear.com
> > Cc:     Tom.Doukas@enron.com; Cheryl.Nelson@enron.com
> > Subject:     Amendment to Enron Corp. $25 Million guaranty of Enron
> > Credit Inc. obligations to Bear, Stearns et als
> >
> > Sharon:
> >
> > I didn't have your phone or fax numbers to keep you in the loop so I am
> > sending this email by way of explanation.
> >
> > You may recall that Anna Meytina and Cheryl Nelson negotiated one or
> more
> > agreements between the Bear companies and Enron Credit Inc.  These
> > documents included the above referenced $25 Million guaranty.  I
> > understand
> > that our respective commercial groups have agreed to an increased
> guaranty
> > cap ($100 Million).  I have learned that Anna is on vacation.  I don't
> > know
> > which Bear lawyer will look into this recent guaranty development so I
> > hope
> > that you will advise us in that regard.
> >
> > Effective May 15, 2001, Enron Corp.  executed an amendment to the March
> > 29,
> > 2001 guaranty to increase the guaranty cap.  I have faxed a copy of this
> > amendment to both Bill Carik and Cheryl Lewis.  Please provide me with
> > your
> > fax number and I will fax the amendment to you.
> >
> > Cheryl Nelson and I look forward to hearing from you.  Please let us
> know
> > how we can further assist.
> >
> >
> >
> >
> > Sara Shackleton
> > Enron North America Corp.
> > 1400 Smith Street, EB 3801a
> > Houston, Texas  77002
> > 713-853-5620 (phone)
> > 713-646-3490 (fax)
> > sara.shackleton@enron.com
>
>
> #****************************************************************
> Bear Stearns is not responsible for any recommendation, solicitation,
> offer or agreement or any information about any transaction, customer
> account or account activity contained in this communication.
> ***********************************************************************
>
>
>


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Bear Stearns is not responsible for any recommendation, solicitation,
offer or agreement or any information about any transaction, customer
account or account activity contained in this communication.
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