We've actually completed this as far as I know -- negotiated the agreement and signed it last week.

-----Original Message-----
From: Ferlic, Suzanne 
Sent: Tuesday, October 16, 2001 4:08 AM
To: Taylor, Mark E (Legal)
Subject: FW: Revised novation Agreements
Sensitivity: Personal



Mark,

Is all okay with this?  

Is there anything London needs to do on it?

Many thanks- please advise,
Suzanne

-----Original Message-----
From: JEANNOT, Diane, FM [mailto:diane.jeannot@rbos.com]
Sent: 09 October 2001 15:45
To: Ferlic, Suzanne
Subject: Revised novation Agreements
Sensitivity: Personal


Hello Suzanne,

I received a message stating that Mark Taylor would prefer that the NatWest
ISDA Master Agreement survive.  We agree.  Enclosed please find a revised
Assignment Agreement for your perusal.  Please note that the novation is
scheduled for October 26, 2001, therefore time is of the essence.  Should
you have any questions, feel free to contact me.  My contact details are
listed below.

Regards,

Diane


Diane L. Jeannot
The Royal Bank of Scotland plc
Legal and Compliance
101 Park Avenue - 11th Floor
New York, NY 10178
Tel:  (212) 401-3551
Fax: (212) 401-3611
e-mail: diane.jeannot@rbos.com
http://www.rbsmarkets.com





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