Good Morning Sara,

Hope you had a nice holiday weekend! I wanted to follow up regarding several
issues.

1) Please provide me with your e-mail authorization wherein you verbally
approved the "Right to Terminate" language for the Merrill Lynch Interest
Rate Swap Confirmation.

2) I faxed you Bank of Montreal's response to the "Right to Terminate"
language on Friday for the Interest Rate Swap that was originally traded on
11/3/00.. Please advise with your opinion. I have another trade with the
identical language from 11/14/00 that I am faxing to you this morning. We
received it at 5:37pm Friday afternoon.

3) Please advise your opinion on the Termination Agreement for the Default
Swap with Deutsche Bank dated 10/12/00.

Looking forward to your response.

Regards,

Jorge