Spreadsheet: andy_zipper__216__EOL_Countries&Products_Status_05-25-01
Sheet: EOL New Countries

 |  | ENRONONLINE WORLDWIDE PRESENCE |  |  |  |  | as of: | 2001-05-25 00:00:00
 | Notes:
 | THE AMERICAS
# | Available at: |  |  | In the works: | Business Unit | Business Unit  Contact | Process Manager | Responsibility | Status as of 05/18/00 | Status as of 05/25/01 | Scheduled for: | Comments:
1 | Canada |  |  | Brazil | Enron Brazil | Remy Collognes | [NAME] | [NAME] | [NAME] | Legal | 2001-04-01 00:00:00 | 08/15 No date yet.  8/31 No update. 10/20 Brent Hendry is reviewing preliminary drafts from outside counsel. 12/08  Law prohibits financial trading online.  Local counsel working on other legal issues as well. 3/09 PA and ETA approved. Working on GTC and [NAME]. 3/23 Legal and Commercial team to meet next week to discuss GTC. 3/30 Content Finalized by Brazil, EnronOnline will review. GTC still being revised.
 | United States |  |  | Colombia | Enron Coal / Enron  Metals | [NAME]) [NAME] (Coal) | [NAME][NAME] | [NAME] | [NAME] | Review | TBD | 08/15 [NAME] is restarting process. [NAME] to obtain ETA. Brent working on.10/20 Brent Hendry is reviewing preliminary drafts from outside counsel. 12/08 Legal problems entering into financial derivative transactions with Colombian counterparites. Legal discussions on physical commodities. 3/16 Still under review
 | Mexico |  |  | Cayman Islands | Global Products | [NAME] | [NAME] | [NAME] |  |  |  | 05/11 New due diligence surveys to be sent to Counsel.
 | Chile
 | Bermuda
 | Peru
 | Argentina
 | AFRICA
# | Available at: |  |  | In the works: | Business Unit | Business Unit  Contact | Process Manager | Responsibility |  |  | Scheduled for: | Comments:
1 | South Africa
 | ASIA / AUSTRALIA
# | Available at: |  |  | In the works: | Business Unit | Business Unit  Contact | Process Manager | Responsibility |  |  | Scheduled for: | Comments:
1 | Australia |  |  | South Korea | Enron Metals | [NAME] | [NAME] | [NAME] | [NAME] | [NAME] | TBD | 8/15 Need to confirm status. [NAME] will update.  10/5 Derivative trades need Central bank's approval. Korean law may require amendments to ETA-awaiting legal advice.  11/3 The only possible amendment to the ETA would be to recite that LME Contracts are conducted through Enron Metals Limited (Korean Branch), the local futures broker.  LME Contracts qualify as "overseas futures" under the Korean futures law, and accordingly must be conducted through a local futures broker. Enron Metals Limited (Korean Branch) is a local futures broker and we are intending to approach the regulator (the FSS) for a ruling that we can effect LME Contracts via EOL "through" Enron Metals Limited (Korean Branch).  No issues for physical metals trades. 12/08 Meeting with regulator being arranged. 03/02 It is recommended that financial transactions be conducted with affiliates registered in other countries. e.g. Singapore, Hong Kong, Japan etc. 5/25 approved for physical products, waiting on response from legal concerning financial products
 | Japan |  |  | Malaysia | LNG |  |  |  | Review | Cancelled |  | 3/02 Due Diligence in progress. 4/27 Counsel's opinion under review. 5/18 Cancelled.
 | Singapore |  |  | India | Enron Metals | [NAME] | [NAME] | [NAME] | Reviewing | Reviewing | TBD | 11/24  New due diligence surveys have been sent to Counsel in this jurisdiction.  03/23  Advice received to date has been unclear and we are seeking further clarification from counsel on a number of points. 05/11 Enron comments on final draft of advice being sent today. 5/25 Awaiting response to our comments on final draft of advice.
 | Hong Kong
 | Taiwan
6 | Israel
7 | China
 | EUROPE
# | Available at: |  |  | In the works: | Business Unit | Business Unit  Contact | Process Manager | Responsibility |  |  | Scheduled for: | Comments:
1 | Austria |  | 1 | [NAME] | Seafreight | [NAME] | [NAME] | [NAME] | Reviewing | Approved |  | 03/23  New due diligence surveys to be sent to Counsel. 5/11 Response expected shortly. 5/18 Approved
2 | Belgium |  | 2 | Hungary | Central Europe Orig | [NAME] | [NAME] | [NAME] | Reviewing | Reviewing |  | 03/23  New due diligence surveys to be sent to Counsel. 5/11 Counsel's advice under review
3 | Croatia |  | 3 | British Virgin Islands | Enron Coal / Enron  Metals | [NAME] [NAME] | [NAME] | [NAME] | Reviewing | Reviewing |  | 02/12  Due diligence commenced. 02/16 Due Diligence completed.  3/02 No issues in relation to trading of pulp & paper, bandwidth capacity, bullion and energy commodities. 3/09 Working on legal information for all commodities.
4 | Czech Republic
5 | Denmark
6 | Finland
7 | France
8 | Germany
9 | Greece
10 | Ireland
11 | Italy
12 | Latavia
13 | Monaco
14 | Netherlands
15 | Norway
16 | Poland
17 | Portugal
18 | Romania
19 | Russia
20 | Slovakia
21 | Slovenia
22 | Spain
23 | Sweden
24 | Switzerland
25 | Turkey
26 | United Kingdom