Re: Sutton Bridge swaps

Julia: To close the loop, it appears that none of the swaps were
terminated. Sara
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 04/12/2000
03:41 PM ---------------------------

Trena McFarland
04/06/2000 10:10 AM
To: Jon Chapman/LON/ECT@ECT
cc: Sara Shackleton/HOU/ECT@ECT
Subject: Re: Sutton Bridge swaps

John and Sara

In reply to your enquires:

Infinity number 10300 is a hedge that was put on with SBPL. This is to
remain in place
Infinity number 25556 is a hedge that was put on for SBFL. This is to remain
in place.

The other deal that you enquired about was a simple passthrough of cash.
This was a spot deal and has matured.

Trena