Enron Mail

From:sara.shackleton@enron.com
To:susan.hopkinson@lovells.com
Subject:Re: SITA
Cc:stephanie.panus@enron.com, michael.moulton@enron.com
Bcc:stephanie.panus@enron.com, michael.moulton@enron.com
Date:Thu, 2 Nov 2000 10:33:00 -0800 (PST)

Susan: Sorry for the delay in getting back to you. We have agreed to delete
the CSA and will return a blackline to you shortly. You may recall that SITA
expressly requested that the Enron agreement be governed by English law which
is why we prepared this document for execution by our affiliate in London
with the jurisdiction language appearing in the prior draft. There are still
issues posed by your markup and we should be able to schedule a conference
call next week. Thanks. Sara



"Susan Hopkinson" <susan.hopkinson@lovells.com<
10/09/2000 03:27 AM

To: <Sara.Shackleton@enron.com<
cc:
Subject: SITA


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Further to my fax of 3 October we have SITA's instructions.

1 - Credit Support Annex :

SITA's position is unchanged. SITA does not wish to have a Credit Support
Annex. SITA have asked that ENRON come up with a proposal on the term and
volume of the transactions on the basis of no Credit Support Annex.

2 - SITA does not provide investment services ancillary to its main
activities. Do you have any news regarding ENRON on this point?

Kind regards
Susan Hopkinson





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