Deseret Confirm

Per my voice mail -
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 09/30/99 01:30
PM ---------------------------

From: Michael Etringer 09/30/99 12:24 PM

To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Deseret Confirm

Attached is a general confirm outlining the proposed transaction with
Deseret. I am not sure where the original of this documet came from.
However, I am providing it to you so that you can have the language for the
general terms of the transaction.

Let me know if I may provide any other information.

In talking with Deseret, they felt that they had a much better chance of
pushing a short form ISDA agreement for this trasaction through the general
counsel than they would the long form ISDA. That said, I think our best
approach is to set up a short form ISDA agreement for Deseret. As usual,
the sooner the better on putting together the short form ISDA document.
Today if possible. Please let me know.