----- Forwarded by Tana Jones/HOU/ECT on 02/23/2001 11:44 AM -----

	Tana Jones
	02/13/2001 09:19 AM
		 
		 To: Tanya Rohauer/HOU/ECT@ECT, Matthew Dawson/LON/ECT@ECT
		 cc: 
		 Subject: BNP Paribas Guaranty

Attached is my proposed form of Guaranty to cover the US & UK business with 
Paribas.  Tanya, please note, per our discussion I have increased the 
guaranty amount to $50mm.  We have also added ECTRL to the Guaranty.

Please let me know if it meets with your approval and I will forward it to 
Paribas in NY.