Re: Femsa Empaques, S.A. de C.V.

FYI-attached is my list of notes on online approvals, which includes the
South American countries we currently trade with.

Justy-if you have any updates to the European countries, they would be most
appreciated. I have had no updates since Edmund fell ill.

Francisco Pinto Leite@ENRON_DEVELOPMENT
01/24/2001 03:18 PM

To: Justin Boyd@ECT
cc: Lara Fields@ECT, Tana Jones@ECT
Subject: Femsa Empaques, S.A. de C.V.

Justin:

I am the "new" lawyer in charge of our financial trading operations in
Mexico.

I am told that we do not trade financial with any Mexican counterparty
without going through our normal due diligence process. At the end of the
day we need a Master in place with any Mexican counterparty with whom we
trade (financial) online or otherwise. I checked and we do not have a Master
in place with this counterparty.

FPL