TO: Linda and Ke~'Pages)

FROM: Sherrie Gibson

DATE: January 13, 1998

RE: NationsBank Line of Credit increased an additional $1,000,000


The new promissory note will reflect a floating rate of the one month LIBOR rate (as
published in the Wall Street Journal) plus .9 (instead of 1.0). The additional 10 basis
points in savings will equate to an average daily LIBOR rate. The bank is not able to
offer the daily LIBOR rate because it is not a published rate; therefore, they have
compensated by lowering the amount over the rate.

Sally will be forwarding the documents for your signature. We plan to use the increase
in the line of credit to pay your estimated taxes due Thursday, January 15g. Sally will
draw on the line of credit on Monday, January 19~ since the check will be mailed to
Austin on Thursday.

Please call me if I can be of further assistance.

	Gc.AJ ~


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GOVERNMENT
  EXHIBIT
    1038
 Crim No H-04-25 (S.2)

I

LAY-G34 0693

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