Message-ID: <30641117.1075863203766.JavaMail.evans@thyme> Date: Tue, 13 Nov 2001 06:10:10 -0800 (PST) From: ellen.su@enron.com To: sara.shackleton@enron.com Subject: FW: SWAP Unwinding Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Su, Ellen X-To: Shackleton, Sara X-cc: X-bcc: X-Folder: \SSHACKL (Non-Privileged)\Shackleton, Sara\Inbox X-Origin: Shackleton-S X-FileName: SSHACKL (Non-Privileged).pst Sara-- The following message is in regard to Greenfield Shipping. What is your opinion on this issue? I will call you to discuss. Ellen -----Original Message----- From: Anderson, Peter N. Sent: Tuesday, November 13, 2001 6:07 AM To: Su, Ellen Cc: Wesner-Soong, Sarah; Rogers, Daniel R. Subject: FW: SWAP Unwinding Ellen- FYI. Let's discuss today. Regards -----Original Message----- From: hiroyuki.nikaido@mail.mol.co.jp@ENRON Sent: Tuesday, November 13, 2001 5:40 AM To: Anderson, Peter N.; drogers2@ei.enron.com Cc: itoh@smbc-cm.com; hartley@smbc-cm.com; takeshi_okamoto@gb.smbcgroup.com; takashi.maruyama@mail.mol.co.jp; drb@jsm.com.hk; junji.sakuma@mail.mol.co.jp; Hisashi.Umemura@mol-finance.co.uk Subject: SWAP Unwinding Peter, Dan, Please see our opinion about the procedure of Swap Cancellation as below: 1.We appointed follwoing persons as our swap trader. Mr. Michael Hartley Ms. Yumi Ito of SMBC London 2.How to calculate Swap Breakage Cost We understnad the definition of "Reverse Transaction" in the Schedule One of the Contract means that banks (and ECTRI) calculate breakage cost with theoretical mean interest rate excluding any margin,(not with Libid) Appreciate your confirmation Regards H.Nikaido