Enron Mail

From:tana.jones@enron.com
To:tanya.rohauer@enron.com, william.bradford@enron.com
Subject:Transfer of Merrill Lynch International Bank FX Business
Cc:gary.hickerson@enron.com, brent.hendry@enron.com, sara.shackleton@enron.com,mark.taylor@enron.com, carol.clair@enron.com, susan.bailey@enron.com, mary.cook@enron.com, samantha.boyd@enron.com
Bcc:gary.hickerson@enron.com, brent.hendry@enron.com, sara.shackleton@enron.com,mark.taylor@enron.com, carol.clair@enron.com, susan.bailey@enron.com, mary.cook@enron.com, samantha.boyd@enron.com
Date:Mon, 24 Jul 2000 09:56:00 -0700 (PDT)

We have received a notice dated 7/10/00 from Merrill Lynch International Bank
that it intends to transfer their FX business to Merrill Lynch International
Bank Ltd., a United Kingdom incorporated bank regulated by the SFA,
effective as of the fourth quarter of 2000. We do have an ISDA Master
Agreement in place with Merrill Lynch International Bank.

I am sending a copy of the notice to Gary Hickerson & Tanya Rohauer (I am
also sending Tanya the financials of the new entity). We will await Credit's
instructions as to how they would like to proceed after reviewing the
documentation.