revised ref credits for launch

Attached is the CRM revised list of reference credits to be posted on-line
(not initially for on-line trading). The list is substantively the same as
we received, except for greater precision on company name punctuation and the
deletion of the following names:

Cisco Systems
New Jersey Natural Gas Company
Pennzoil-Quaker State Company
Texas New Mexico Power Company
Honeywell International Inc.
Lexmark International, Inc.
MediaOne Group Inc.
National Service Industries Inc.
Raychem Corp
Sundstrand Corp.
Time Warner Inc
US West Communications Inc.

The above names were deleted for a variety of reasons, but NOT due to weak or
questionable credit strength. Rather, the deletions are typically due to an
inconsistency of names between SEC document filings and S&P rating. The
inconsistency is most likely reconcilable through and analysis and
understanding of the corporate structure and recourse mechanics for each
company. CRM can address these issues and potentially add names after the
initial launch.

Rod