FW: ERMS Discounting Memo

Sorry...........

Attached is the memo.

Thanks

-----Original Message-----
From: Luong, Anita
Sent: Tuesday, October 23, 2001 2:37 PM
To: Beck, Sally; Earnest, Scott; Fondren, Mark; Gossett, Jeffrey C.; Hickerson, Gary; Hodges, Georganne; Glover, Sheila; Loibl, Kori; Hall, D. Todd; Carrington, Clara; Prejean, Frank; White, Stacey W.; Swinney, John; Wood, Shelly; Hanson, Kristen J.; Kelly, William
Cc: Abel, Chris; Wilson, Shona
Subject: ERMS Discounting Memo

Attached is the ERMS Discounting Memo as of 9/26/01.

Please note that the 9/26/2001 balance is based on the new method of calculating the discounting amount. The changes that were made are as followed:

Old method New method
Physical contract 55 days 55 days
Financial contract 55 days 5 days
Financial calendar 55 days 38 days

Please let me know if you have questions.

Thanks
Anita