Subject: ICE
From: [email-masked]
To: bridgeline <[email-masked]>
Cc: [email-masked]
Date: Thu, 2 May 2002 14:38:31 -0700 (PDT)

Jeff:

Here is the Supplement document you need to sign and send back to us.
(See attached file: Derivative Clearing Supplement.pdf)

The fee structure is as follows:

WTI Bullet Swap:

LCH Fee:       $0.12 per lot
ICE Execution Fee:  $2.50 per lot
CFI Clearing Fee:   same as your NYMEX rate with us ($1.35 per lot)

Natural Gas Swap LDI

LCH Fee:       $0.03 per lot
ICE Execution Fee:  $0.625 per lot
CFI Clearing Fee:   $0.32 per lot **

** Fee are proportionate to the size of the contract (7.5 X NYMEX)
Execution  0.625 X 30 days/ 7.50 = $2.50

If you have any questions please call me at 212-841-3366
Best Regards
Lou Caiafa

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