Message-ID: <19849812.1075844459694.JavaMail.evans@thyme>
Date: Fri, 2 Jun 2000 02:15:00 -0700 (PDT)
From: sheila.glover@enron.com
To: sara.shackleton@enron.com
Subject: Executing Broker Agreement
Cc: ted.murphy@enron.com, john.greene@enron.com, theresa.brogan@enron.com
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Sara,
ECTI has a broker Agreement in place with Furman Selz (as listed on the=20
"Brokerage Agreements" schedule,
We should change name to ING Baring Furman Selz LLC .  Thanks. Sheila

In October 1997, Furman Selz LLC was acquired by ING Group, N.V., a global
                       financial institution of Dutch origin which is activ=
e=20
in the fields of banking, insurance
                       and asset management.

                       On July 1, 1998 the U.S. broker dealers of ING Barin=
gs=20
and Furman Selz were
                       merged.

                       The merger of the two broker dealers allows the=20
U.S.-based securities businesses
                       of ING Barings and Furman Selz to operate the tradin=
g,=20
research, sales, corporate
                       finance and prime brokerage businesses as one entity=
.=20
The combined company
                       operates under the legal name ING Baring Furman Selz=
=20
LLC and is part of the
                       global ING Barings organization.

                       ING Group is the largest financial services group in=
=20
the Netherlands and the third
                       largest financial institution in Europe. ING Group h=
as=20
total assets of US$440
                       billion, shareholder equity of US$30 billion, and=20
81,000 employees in 60
                       countries. ING Group has credit ratings of Aa2 from=
=20
Moody=01,s Investor Services
                       and AA- from Standard & Poor=01,s.

                       ING Group acquired Furman Selz in order to increase=
=20
further the U.S. equity
                       market presence of ING Barings, the international=20
corporate and investment
                       banking division of ING Group.

                       ING Barings is one of the world=01,s major corporate=
 and=20
investment banking
                       operations, with an extensive international network=
=20
and memberships in over 60
                       stock, futures and commodities exchanges around the=
=20
world. Its head office is in
                       London and its principal regional offices in New Yor=
k=20
and Hong Kong. Today,
                       ING Barings has over 9,000 staff around the world wi=
th=20
offices in over 50
                       countries: of these, 25 are in the emerging markets =
of=20
Africa, Asia, Eastern
                       Europe, India and Latin America.

                       The websites of ING Barings and Furman Selz are=20
currently being revised to
                       reflect the acquisition and subsequent merger.

                       Until these changes are made, please continue to use=
=20
this website to learn about
                       our current financial services in the U.S.. To learn=
=20
more about the international
                       corporate and investment banking activities of ING=
=20
Barings, please go to
                       www.ingbarings.com.
                             The Total Prime Brokerage Solution / Basic &=
=20
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