Julia:  To close the loop, it appears that none of the swaps were 
terminated.  Sara
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 04/12/2000 
03:41 PM ---------------------------


Trena McFarland
04/06/2000 10:10 AM
To: Jon Chapman/LON/ECT@ECT
cc: Sara Shackleton/HOU/ECT@ECT 
Subject: Re: Sutton Bridge swaps  

John and Sara

In reply to your enquires:

Infinity number 10300 is a hedge that was put on with SBPL.  This is to 
remain in place
Infinity number 25556 is a hedge that was put on for SBFL.  This is to remain 
in place.


The other deal that you enquired about was a simple passthrough of cash.  
This was a spot deal and has matured.



Trena