Securities Loan Agreement ,
 Sara:

Thank you for your e-mail.

Attached please find the revised draft of the Guarantee.

 <<BS Final-C(Marked2).doc>>


Listed below are the addresses for notices:

Robert Brunson
Stock Loans
Bear, Stearns Securities Corp.
One Metrotech Center North
Brooklyn, New York 11201-3859
tel. (212) 272-1105

and

General Counsel
The Bear Stearns Companies Inc.
245 Park Avenue
New York, New York 10167

Regards,

Anna Meytina

 - BS Final-C(Marked2).doc
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Bear Stearns is not responsible for any recommendation, solicitation,
offer or agreement or any information about any transaction, customer
account or account activity contained in this communication.
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sara.shackleton@enron.com