Todd Hall

Sally,

Thanks for calling last night.

I've spoken to Joe Gold (MD) and James New (my Power Director) and we will be
delighted to have Todd over for a month.

We need him here for Monday 20th March - for 4 weeks - thru 15th April. Full
Time.

I guess he should plan to fly over next weekend to be here for the Monday -
bright and early. The timing is crucial.

He would work jointly with Neil Tarling (Director) on the project - basically
- to seperate the Continental Power Book into 4/5 regional books - complete
with individual portfolio's, fully documented inter-book trades, currency
functionality and control gates. He will be working with Traders, Comm Supp &
IT.

I suggest Todd touches base with James - Project 'Lead' - to get some
backgroung information about the market.

I think the 'Sally will pay' line swung it with the Commercial folks......I
said we had a free option - we can always send him home....

Speak to you real soon.

B.