RE: Inconsistant Credit Amounts

Issue has been resolved. Please disregard. The $500M amount quoted below
was eventually changed to $0 and reconfirmed.

thanks
brant

-----Original Message-----
From: Reves, Brant
Sent: Tuesday, March 06, 2001 11:37 AM
To: Shackleton, Sara
Cc: Bailey, Susan; Boyd, Samantha; Panus, Stephanie; Mendoza, Nidia; Reves,
Brant
Subject: Inconsistant Credit Amounts

Gas Producers Liquids Inc. - Omnibus confirmations only - No ISDA

How do we margin this LC customer when the Exposure Thresholds are not
consistant across each Annex B? Their financial mark to market exposure is
currently $1.3MM.

Annex
Trades B-Credit Line

QL3281.1 $0
QL3360.1 $0
QN8251.1 $0
QN8251.2 $0
QQ7096.1 $0
QQ7109.1 $500,000
QR4386.1 $0
QS3259.1 $0
QS3259.2 $25,000

Brant