Russell, pls set up credit terms for customer for transactions under the physical, which may include pricing amemdments. i.e. the MTM risk may sit under the physical agreement.  

At this time, we are not going to pursue the execution of a deemed ISDA and any price amendments will be handled physicaly. 

Call if there are any questions. 

BT 

 -----Original Message-----
From: 	Diamond, Russell  
Sent:	Tuesday, May 29, 2001 1:07 PM
To:	Leite, Francisco Pinto
Cc:	Tycholiz, Barry; Nemec, Gerald
Subject:	Mexican de Cobre -Deemed ISDA Credit Worksheet

Francisco,

Attached is a credit worksheet for a draft deemed ISDA.

Thanks
Russell

 << File: Mexicana de Cobre_ENA.xls >>