Oneok

Brant:
Any thoughts on this?
Carol
----- Forwarded by Carol St Clair/HOU/ECT on 05/23/2000 01:31 PM -----

Carol St Clair
05/18/2000 12:15 PM

To: Brant Reves/HOU/ECT@ECT
cc: Susan Flynn/HOU/ECT@ECT
Subject: Oneok

Brant:
We are trying to finalize the agreement that does the following:

1. Transfers all of the ENA/Oneok Gas Marketing Company trades and the Oneok
Gas Marketing Master from Onoek Gas Marketing Company to
Oneok Energy Marketing and Trading Company, L.P. (formerly KN Marketing LP);
2. Terminates the Oneok Energy Marketing Master and makes all Oneok Energy
and Oneok Gas Marketing trades subject to the Onoek Gas Marketing Master.

Here is what I need to know from you:

1. Is there a new Oneok Inc. Guaranty for $30,000,000 that covers these
trades? If so, please fax me a copy.

2. Is there a new Enron Guaranty and if not, what happens to the 2 existing
Enron Guarantees that currently support the Onoek Energy Master and the Oneok
Gas Marketing Master?

Please advise.

Carol