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** z0'39tid ~H101 ** <br />Dechert <br />January 2S, 2UU1 <br />Via Fax <br />' Etlyn D. Fogel <br />DiteOi Ter 215.f94.Yf05 <br />.. ENan.FOpel~deGfelLtan <br />•. <br /> Lawrence K. Snider, Esq. <br />eos7oN Mayer Brown & Platt <br /> 190 S. LaSalle Street <br />DRUSbELf Chicago, IL 60603-3441_'. - <br />NARRIe ~URO <br />Re: Quaker Coal Companv <br />NARTPORD <br />DeaS Lang: ' <br />LONDON <br />I take this opportunity to wnfum the request made yesterday dining our meeting in <br />N! W YORK Pittsburgh between representatives of Quaker Coal Company (and its subsidiaries) <br /> and representatives of the secured lender group. We have requested that the lender <br />.ARIa group advance funds, or~in the alternative peraut the debtor to use the lenders' cash <br /> collateral, for the purpose. of addressing the Colon;do NOV issue. These funds, iti <br />PMILADELPHIA the approximate amount of 52.6 million, would be used either to cash collateraliu <br /> Powderhorn's obligations under its permit or to induce a bonding company to issue a <br />PRIR CETON replacement bond with a view t0 addressing the issue raised by the NOV. <br />WAfMINOTON f~ we discussed, this is a very important issue for the debtors. We look forward tq a <br />prompt response to our request. <br />Sincerely yours, <br />Ethan D. Fogel • <br />EDF/cmp <br /> <br />bcc: David W. Gay <br />Dennis V. Swari•.. <br />Holly F. Etlin <br />Robert D. Comer <br />Thomas F. Munno <br />Jcel H. Levitin <br />Michael Jamison <br />.. <br />Deohelt Priee R Rhoads <br />4000 Bell Atle*dlc TOWer • 7777 Anil bbiet • PhilAGelPRie, PA 7f70]2793 • Tel: 31c.9944000 • Fu:17eA0431Yi • www.deeReR.eom <br />Z0iZ0'd 0Z0Z4E9E0E16 O1 ZZZZ4665IZ 1213HJ3Q Lld Wd EO~ZI 1002 SZ NtlC <br />