I am circulating this for signature.

brant




To: Brant Reves/HOU/ECT@ECT
cc: Randall Curry/Corp/Enron@ENRON, Barbara N Gray/HOU/ECT@ECT 
Subject: Cinergy Marketing Revised Guaranty

Attached please find the amended and restated Cinergy Marketing and Trading 
guaranty.  The guaranty has been revised to increase the amount from $9.5 mil 
to $15 mil.  Please obtain signature by all four managers listed in the 
signature block.  If you have any questions, please call me at 853-3512.