Re: Cinergy Marketing ISDA Update

No, not at this time, let me get the guaranty information finalized first,
this way we eliminate any further confusion.

Thanks

By the way, do we have our legal meeting today??

From: Sara Shackleton on 09/05/2000 11:14 AM
To: Russell Diamond/HOU/ECT@ECT
cc:
Subject: Re: Cinergy Marketing ISDA Update

Should we send out a new draft without changing the guaranty language from
the original draft?

Russell Diamond
09/05/2000 11:10 AM

To: Sara Shackleton/HOU/ECT@ECT
cc:
Subject: Cinergy Marketing ISDA Update

Hello Sara,

I talked to Chuck Kaufmann in Cinergy's credit dept. concerning the ongoing
issues. Basically, he has agreed to the cross-default levels of 50/100
million. He is going to look further into the guaranty issue and get back to
me on this. I will keep you updated.

Thanks
Russell