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----- Forwarded by Sara Shackleton/HOU/ECT on 09/26/2000 10:52 AM ----- John Greene 09/26/2000 08:51 AM To: Paul Simons/LON/ECT@ECT, Alan Aronowitz/HOU/ECT@ECT cc: Gary Hickerson/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT Subject: Legal Authorization by Country for Enron Equity Trading in Europe Paul/Alan, We need to have someone check into the legal issues associated with our trading equities in each of the respective countries we are interested in trading. We need to get rulings on shares, futures and options for both exchange traded and over the counter activity for each country. This "research" should be performed in much the same way as when we began trading in Australia. Some of the countries involved may have already been "green lighted" a few years ago. The countries we need to look into initially are: Germany France Italy Norway Netherlands Spain United Kingdom Once we get feedback on these countries we should continue on to secondary countries which include: Austria Belgium Denmark Ireland Israel Sweden Switzerland Portugal Turkey I will leave up to yourselves to decide where this project should be coordinated from but as we are a US coporate and ECT Investments, the principal booking entity, is a US entity I would imagine it should be handled from the States. Please let me know if anyone has any questions or would like to discuss issues associated with this request. Thanks and regards, John
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