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Published on 5/12/2004 in the Prospect News Convertibles Daily.

EDS remarkets notes underlying Income Prides

New York, May 12 - Electronic Data Systems Corp. said it remarked the $198.38 million principal amount of 5.78% senior notes due 2006 underlying its Income Prides.

The notes were remarketed at a price of 101.756% of the $50 face amount. Settlement is May 17.

Effective May 17, the interest rate will reset to 6.334%.


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