Jason - attached is a termination letter for Heartland.  To keep things 
consistent, could you calcuate the mark to market exposure as of January 24.  
Please copy Dan Hyvl on your response.
---------------------- Forwarded by John Enerson/HOU/ECT on 01/29/2001 02:43 
PM ---------------------------


Dan J Hyvl
01/29/2001 02:30 PM
To: John Enerson/HOU/ECT@ECT
cc: Jeffrey T Hodge/HOU/ECT@ECT 
Subject: Re: Heartland Steel  



John,
 Please review, if okay, please have someone give me the terms of the spot 
confirm so that I can attach to the letter.