this is the latest paper deemed ISDA.  Please mark for content against OUR 
deemed ISDA.  Thanks.  SS
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 08/10/99 10:45 
AM ---------------------------


Edmund Cooper
06/24/99 12:18 PM
To: Sara Shackleton/HOU/ECT@ECT
cc: Mark Elliott/LON/ECT@ECT 
Subject: John Roberts Holdings Limited

Dear Sara,

Following the telephone conference this afternoon I am pleased to attach the 
draft collar for this deal.  Many thanks for your help with this and we look 
forward to receiving your comments.

Many thanks,

Edmund