Question
From:(redacted)
Sent:Wednesday, March 21, 2007 2:01 PM
To:Verne, B. Michael
Subject:Re: Earlier Conversation
Michael,
Ijust want to confirm the following based on our conversation earlier thisafternoon regarding a transaction involving 3 foreign issuers and 1 US issuer.For purposes of simplicity, I listed the three scenarios we discussed belowalong with the proper analysis.
1) UltimateParent Entity A owns foreign issuer ("Fl") 1, Fl 2, Fl 3, and USIssuer 4. - An analysis is done for three foreign issuers and a separateanalysis is done for US issuer. Only one filing is required.
2) Ultimate Parent Entity A owns Fl 1, Fl 2, and Fl 3. F3 controls US Issuer 4. - An analysis is done for the three foreign issuers. USIssuer 4 will be included under FE 3 for purposes of the analysis. One Filingis required.
3) Ultimate Parent Entity A owns Fl 1, Fl 2, and Fl 3.Ultimate Parent entity B owns US Issuer 4. - An analysis is done for the threeforeign issuers and a separate analysis is done for US issuer 4.Two separate filings are required.