SITA

Please assign. Any questions, ask me. Thanks. Sara
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 11/15/99 09:02
AM ---------------------------

Tanya Rohauer
11/15/99 08:39 AM
To: Sara Shackleton/HOU/ECT@ECT
cc: Jarrod Cyprow/HOU/ECT@ECT
Subject: SITA

Sara,

Michael Moulton did a two year trade with SITA that we need to document under
a Deemed ISDA. It is possible that they will end up wanting to use a
different entity and provide a guaranty. Please prepare the Deemed ISDA with
the same credit terms as the original ISDA draft. Let me know if you have
questions.

Thanks,
Tanya