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Sara
?
Thank you for your email.? Our comments are as  follows:
?
1. Thank you.
?
2. We do not understand the difficulty in accepting our Rider  A which is a 
standard provision in a guarantee and one which our client strongly  wishes 
to include. Please would you therefore schedule a conference call with  your 
corporate lawyer Clement Abrams to discuss this.? Please note that  Susan is 
out of the office on Thursday. 
?
3.? We agree to 10 Business Days.
?
4. We agree to there being no replacement credit  support.
?
We look forward to hearing from you.
Kind regards
Sharon Lewis and Susan Hopkinson


>>> <Sara.Shackleton@enron.com> 11/14/2000 16:06:44  >>>
Sharon & Susan:? We will send blackline shortly.?  With respect to your fax
of 11/10/00, please note the  following:

1.? continuing guaranty is fine
2.? Rider A will  require further discussion and is not acceptable
3.? 30 days is too long  and not justifiable but we are agreeable to extend
time to? 10 Business  Days
4.? Replacement credit support is not acceptable

If yous till wish to pursue unacceptable items, please advise and I will
try  to? arrange a call for you and the Enron Corp. lawyer, Clement  Abrams,
who is currently out of town.? He returns  tomorrow.

Thanks.? Sara



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