Enron Mail

From:carol.clair@enron.com
To:akasha.bibb@enron.com
Subject:Asia Pulp &Paper
Cc:sara.shackleton@enron.com
Bcc:sara.shackleton@enron.com
Date:Tue, 20 Mar 2001 03:53:00 -0800 (PST)

Akasha:
As we discussed, the following are my questions:

1. We need some verification that the debt that is referred to in the
articles is the debt of Asia Pulp & Paper Co. Ltd. ("Asia Ltd."), the entity
referred to in the Confirm and that the amount that is the subject of the
standstill is at least 10 million.

2. We need to confirm that the debt that is the subject of the standstill
meets the following characteristics:

- it is a bond or a loan
- it ranks pari passu with other senior, unsecured debt of Asia Ltd.
- it is not payable in the currency of the place where Asia Ltd. is organized
- it is not governed by the law of the place where Asia Ltd. is organized



Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com