Re: Project Raptor - Securities Act representation

----- Forwarded by Mary Cook/HOU/ECT on 08/25/2000 02:00 PM -----

Greg Johnston
08/25/2000 10:33 AM

To: Stuart Zisman/HOU/ECT@ECT
cc: Mary Cook/HOU/ECT@ECT, Peter Keohane/CAL/ECT@ECT
Subject: Re: Project Raptor - Securities Act representation

Stuart, this instruction is correct. I will be sending you an e-mail
addressing the issues relating to the Bonus and Tetonka shares covered by the
equity derivative later this morning. I understand that Peter is addressing
the Helms-Burton issues on the Beau Canada shares.

Greg

From: Stuart Zisman on 08/25/2000 10:00 AM CDT
To: Mary Cook/HOU/ECT@ECT
cc: Peter Keohane/CAL/ECT@ECT, Greg Johnston/CAL/ECT@ECT
Subject: Project Raptor - Securities Act representation

Attached is a representation that should be included in all Raptor
confirmations in which the underlying security is publicly traded on a
Canadian exchange.

Stuart

Greg/Peter - please confirm that my instruction to Mary is accurate.

----- Forwarded by Stuart Zisman/HOU/ECT on 08/25/2000 09:57 AM -----

Peter Keohane
Sent by: Sharon Crawford
08/24/2000 04:33 PM

To: Stuart Zisman/HOU/ECT@ECT
cc:
Subject: Project Raptor - Securities Act representation

Please see attached.