EOL Trades with Glencore Commodities Limited

Tana,

Glencore claims that the Governing Law in their EOL GTC's should be English
Law. Do you agree?

Thanks,
Joe

---------------------- Forwarded by Larry Joe Hunter/HOU/ECT on 05/29/2001
11:09 AM ---------------------------
From: Debbie Nicholls/Enron@EUEnronXGate on 05/29/2001 03:42 PM GDT
To: Larry Joe Hunter/HOU/ECT@ECT, Julie Brewer/NA/Enron@Enron, Diane
Anderson/NA/Enron@Enron
cc:
Subject: EOL Trades with Glencore Commodities Limited

Hi,

I have received a call from Miriam in Glencore re EOL transactions. Her
concerned are that she does not receive the confirmations within 24 Hours
(from Houston) of the deal being dealt which we are subject to in London and
she would like to see this from ENA. Also, when Glencore agreed to trade EOL
transactions they stipulated that English law be used for all transactions,
presuming these would be the same from ENA. She has tried to call but only
gets voice mail, could you please contact her to discuss these and any other
issues she has with EOL.

Tel: 44 20 7412 3190

Regards,

Debbie