Re: In re M/V PACIFIC VIRGO

britt,

will not be able to discuss your question about eric tan with commercial
people until monday as john chismar is traveling right now. however,
hopefully the testing will answer a lot of questions such that we may not
need his services after year end.

rgds

From: Britt Davis@ENRON on 12/07/2000 09:05 AM CST
To: Alan Aronowitz/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT, Michael A
Robison/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT, Matthias Lee/SIN/ECT@ECT,
James P Studdert/HOU/ECT@ECT, david.best@clyde.co.uk, ngregson@wfw.com, Paul
Henking/SIN/ECT@ECT
cc:
Subject: In re M/V PACIFIC VIRGO

I am pleased to report that Mitsubishi has agreed to have the joint analysis
take place in the U.K. We have instructed our chemist to immediately arrange
for this. We still await Mitsubishi's response to our request that they
share the costs of transportation from Singapore to the U.K.

Paul, given that Eric Tan is apparently leaving very soon, would you let me
know whether (a) he still needs to be kept in the loop on this and (b)
whether some other business person in Singapore will be the liaison person?

David Best will shortly confirm the appointment of the arbitrator. Once
that is done, he will approach Mitsubishi's solicitors regarding the
without-prejudice payment of freight and demurrage. David has indicated that
he likes the time bar argument against Mitsubishi's demurrage claim and that
before offering to negotiate the demurrage claim at all, he will ask
Mitsubishi's solicitors how they would get around that problem, and see what
they say.

I will keep you advised.

Britt