International Trade Issues

On behalf of Government Affairs, Bob Frank and I thank you for taking time on
January 11 to join us for the presentation on the potential impact of
international trade rules on your business units. I am requesting your
feedback regarding the trade regulation seminar. We are trying to gauge the
level of interest/need among traders, originators and other EIM personnel
before retaining Powell Goldstein to monitor international trade issues and
developments for EIM. We spoke to several of you after the seminar and heard
some interest. For the pulp/paper group, the most pressing issues related
to the upcoming expiration of the US-Canada Softwood Lumber Agreement and
anti-dumping litigation. On the steel side, the primary issues include
ongoing anti-dumping litigation, the possibility of a multilateral steel
agreement and potential congressional initiatives. Please e-mail me your
thoughts or call me at (202) 466-9158.

As promised, attached below is the power point presentation that Dan Price
referred to during the seminar (in Lotus Note File Viewer).

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P.S. For those of you that attended the afternoon seminar and expressed
concern about Peter Suchman, he has fully recovered from what turned out to
be a bad case of stomach flu.