Re: Aquila outgoing guaranty (ref: gty2846.doc)

Russell,
Can you please attach the gty2846.doc so that I can draft the necessary
language for the new gty doc.

Russell Diamond/ENRON@enronXgate
03/05/2001 09:38 AM

To: Dan J Hyvl/HOU/ECT@ECT
cc: Clement Abrams/ENRON@enronXgate
Subject: Aquila outgoing guaranty (ref: gty2846.doc)

Dan,

Per our conversation on Friday regarding HPL, please coordinate with Clement
to issue a new guaranty. As you recall, Aquila Energy Marketing Corporation
has $50MM of exposure from HPL and they have requested additional security
above the amount in the current guaranty listing HPL (gty2846.doc). Please
issue a new guaranty for HPL covering Aquila Energy Marketing Corporation for
physical natural gas in the amount of $50MM. In addition, please put
language in this guaranty which would amend the existing guaranty
(gty2846.doc) that would remove HPL.

Thank you,

Russell