Message-ID: <12557362.1075844504075.JavaMail.evans@thyme>
Date: Mon, 24 Jul 2000 09:56:00 -0700 (PDT)
From: tana.jones@enron.com
To: tanya.rohauer@enron.com, william.bradford@enron.com
Subject: Transfer of Merrill Lynch International Bank FX Business
Cc: gary.hickerson@enron.com, brent.hendry@enron.com, sara.shackleton@enron.com, 
	mark.taylor@enron.com, carol.clair@enron.com, susan.bailey@enron.com, 
	mary.cook@enron.com, samantha.boyd@enron.com
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We have received a notice dated 7/10/00 from Merrill Lynch International Bank 
that it intends to transfer their FX business to Merrill Lynch International 
Bank Ltd., a United Kingdom incorporated bank regulated by the SFA,  
effective as of the fourth quarter of 2000.  We do have an ISDA Master 
Agreement in place with Merrill Lynch International Bank.

I am sending a copy of the notice to Gary Hickerson & Tanya Rohauer (I am 
also sending Tanya the financials of the new entity).  We will await Credit's 
instructions as to how they would like to proceed after reviewing the 
documentation.