chairman and ceo presentation to cer agm, page-10

Tweety Pie,
Key points seem to be:
1. No short term debt extension, looking for longer term extensions.
2. Currently in constructive discussions with the lending group, so no decisions reached.
3. Separation of CER & CNP going forward.
4. Glenn Rufrano has agreed to continue beyond current contract into 2009, but moving to the United States.
Whilst no answers provided regarding debt extension, they are planning for the future.
As previously mentioned a debt extension is brilliant for CNP, but debt for equity swap on part of the debt may not prove that postive for existing shareholders.
Regards
Buffett