ii 4 CAPITAL SECURITIES GUARANTEE This GUARANTEE (the "Capital Securities Guarantee"), dated as of _________, 1997, is executed and delivered by K N ENERGY, INC., a Kansas corporation (the "Guarantor"), and WILMINGTON TRUST COMPANY, a Delaware banking...Capital Securities Guarantee • July 2nd, 1997 • K N Capital Trust One • Natural gas transmisison & distribution • New York
