Here are Frank Sayre's comments to the NUI Guaranty.
----- Forwarded by Stacy E Dickson/HOU/ECT on 03/29/2001 05:41 PM -----

	Frank Sayre@ENRON_DEVELOPMENT
	03/29/2001 05:36 PM
		 
		 To: Rudwell Johnson/Enron@EnronXGate
		 cc: Stacy E Dickson@ECT
		 Subject: NUI Guaranty

Please find attached a version of the NUI Guaranty containing my comments, as 
well as a clean version in which all of my comments have been accepted.