Spreadsheet: mark_taylor__24741__EOL_Countries&Products_Status_10-27
Sheet: EOL New Countries

 |  | ENRONONLINE WORLDWIDE PRESENCE |  |  |  |  | as of:
 | Notes:
 | THE AMERICAS
# | Available at: |  |  | In the works: | Business Unit | Business Unit  Contact | Process Manager | Responsibility | Status as of 10/20/00 | Status as of 10/27/00 | Scheduled for: | Comments:
1 | Canada |  |  | Brazil | Enron Brazil | Remy Collognes | [NAME] | [NAME] | [NAME] | [NAME] | TBD | 08/15 No date yet.  8/31 No update. 10/20 Brent Hendry is reviewing preliminary drafts from outside counsel.
 | United States |  |  | Colombia | Enron Coal / MG | Waiting on [NAME] | [NAME][NAME] | [NAME] | [NAME] | [NAME] | 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
 | Mexico
 | 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.
 | Japan |  |  | Taiwan | Enron Metals | [NAME] | [NAME] | [NAME] | [NAME] | Completed | TBD | 8/15 Need to confirm status. [NAME] will update. 9/22 - Some due diligence completed, Justin forwarded additional instructions. 10/05 Free to trade Physical/derivatives for oil and metals. Many import hurdles and maybe some withholding tax impact on derivative income (up to 20%) 10/20 The execution and marketing of LME Contracts will require a local licence if Enron is deemed to engage in futures in Taiwan. The mere availability and use of the website EOL does not give rise to this. however, any other direct solicitation or marketing into Taiwan will give rise to a licence. Completed
 | Singapore |  |  | China | MG | [NAME] | [NAME] | [NAME] | Approved | Approved | TBD | 8/22 Commodity derivatives trading within China is not promoted unless it takes place on a domestic futures exchange. 9/22 Gas and power cannot be traded, waiting for metal, coal and oil.  5 Oct Approved to trade OTC forwards from overseas base.  Await info re: other derivatives and physical metal, coal and oil.
 | Hong Kong |  |  | Israel | Seafreight | [NAME] | [NAME] | [NAME] | Approved | Approved | 2000-10-01 00:00:00 | 8/15 Initial outside legal responses received. Issues need clarification. 8/22 Advice outstanding: due at end of August.  5 Oct - Free to trade LME Contracts and commodity derivatives.  Insurance companies, pension funds and municipalities to be excluded. Israeli ctprtys to provide evidence of exchange control approval prior to transaction. Awaiting additional advice re physical trading.
 | EUROPE
# | Available at: |  |  | In the works: | Business Unit | Business Unit  Contact | Process Manager | Responsibility |  |  | Scheduled for: | Comments:
1 | Austria |  | 1 | Greece | Seafreight | [NAME] | [NAME] | [NAME] | [NAME] | [NAME] | 2000-09-01 00:00:00 | 8/15 Initial outside legal responses received. Issues need clarification. 8/22 There are significant restrictions on trading in gas and power. In addition, only companies possessing a license issued by the Ministry of Development can trade oil. No [NAME] required only permission from Capital Mkt. Committee. 9/22 waiting on legal advice on metal, coal, and oil. 10/5 Free to trade commodity derivatives but need permission to solicit within Greece. Physical trading of electricity and gas not permitted. Awaiting legal advice on physical trades in metal, coal and oil. 10/20 Physical trading of coal and metals permitted. Seeking clarity re physical trading of crude, electricity and gas.
 | Belgium |  |  | Latavia | MG | [NAME] | [NAME] | [NAME] | [NAME] | Completed | 2000-10-01 00:00:00 | 9/22 can trade commodity derivatives.  10/5 - Free to trade commodity derivatives. Banks and insurance companies should be excluded. 10/20 Completed
 | Croatia |  |  | Russia | MG | [NAME] | [NAME] | [NAME] | [NAME] | Completed | 2000-11-01 00:00:00 | 8/15 Initial and follow up advice received. Further clarification still needed. 8/22 Issues; A) Risk of non-deliverable transactions not unforeseeable. B)  Payments in foreign currency might require case-by-case consent from Central Bank. C) Every trade with a Russian counterparty needs to be documented in writing. 10/5 Free to trade LME contracts and in commodities and commodity derivatives. There are licensing requirements for power, metal and gas. Cash settled derivatives could be regarded as unenforceable gaming contracts under Russian law. Central Bank license needed for exchange control purposes.  10/20 Completed
 | Czech Republic |  | 4 | Turkey | Seafreight | [NAME] | [NAME] | [NAME] | [NAME] | [NAME] | 2000-09-01 00:00:00 | 8/15 Initial outside legal responses received.  8/22 For enforceability  a hard copy of an umbrella agreement should be signed. Follow up advice awaited!!!  9/22 ETA and PA needs to be adapted for Turkish law.  10/5 Free to trade commodity derivatives. Await advice in relation to physical trading. Law may require changing the ETA and PA. 10/20 ETA and PA amended. Trading and marketing of commodity derivatives requires prior approval of Turkish Capital Markets Board.
 | Denmark
 | Finland
 | France
 | Germany
 | Ireland
 | Italy
 | Netherlands
 | Norway
 | Poland
 | Portugal
 | Romania
16 | Slovenia
17 | Spain
18 | Sweden
19 | Switzerland
20 | United Kingdom