My fax number is 212-272-5917.

> -----Original Message-----
> From: Sara.Shackleton@enron.com [SMTP:Sara.Shackleton@enron.com]
> Sent: Tuesday, May 15, 2001 7:39 PM
> To: schernick@bear.com
> Cc: Tom.Doukas@enron.com; Cheryl.Nelson@enron.com
> Subject: Amendment to Enron Corp. $25 Million guaranty of Enron
> Credit Inc. obligations to Bear, Stearns et als
>
> Sharon:
>
> I didn't have your phone or fax numbers to keep you in the loop so I am
> sending this email by way of explanation.
>
> You may recall that Anna Meytina and Cheryl Nelson negotiated one or more
> agreements between the Bear companies and Enron Credit Inc.  These
> documents included the above referenced $25 Million guaranty.  I
> understand
> that our respective commercial groups have agreed to an increased guaranty
> cap ($100 Million).  I have learned that Anna is on vacation.  I don't
> know
> which Bear lawyer will look into this recent guaranty development so I
> hope
> that you will advise us in that regard.
>
> Effective May 15, 2001, Enron Corp.  executed an amendment to the March
> 29,
> 2001 guaranty to increase the guaranty cap.  I have faxed a copy of this
> amendment to both Bill Carik and Cheryl Lewis.  Please provide me with
> your
> fax number and I will fax the amendment to you.
>
> Cheryl Nelson and I look forward to hearing from you.  Please let us know
> how we can further assist.
>
>
>
>
> Sara Shackleton
> Enron North America Corp.
> 1400 Smith Street, EB 3801a
> Houston, Texas  77002
> 713-853-5620 (phone)
> 713-646-3490 (fax)
> sara.shackleton@enron.com


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