----- Forwarded by Richard B Sanders/HOU/ECT on 09/01/2000 01:15 PM -----

	Justin Boyd
	07/19/2000 04:53 AM
		 
		 To: Jeffrey T Hodge/HOU/ECT@ECT
		 cc: Richard B Sanders/HOU/ECT@ECT
		 Subject: MG Cargoes Claim

Jeff,

Further to my earlier e-mail....

Justin

---------------------- Forwarded by Justin Boyd/LON/ECT on 19/07/2000 10:55 
---------------------------
   
	Enron Capital & Trade Resources Corp.
	
	From:  martin.stanley@mgmcc.co.uk                           17/07/2000 12:00
	

To: justin.boyd@enron.com
cc:  

Subject: SALVADOR CP 11MAY00




eSafe Protect Gateway (tm) has scanned this mail for viruses, vandals and
suspicious attachments and has found it to be CLEAN.

File: 7L_401!.DOC (19,456 bytes)
Encoding: Base64
Result: Clean.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Justin,

Thank you for your time this morning.

I have attached the relevant copies of messages (Faxes and e-mails) since we
first got wind of the injunction.

Very pleased to help with any questions.

MTS

---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:44 AM ---------------------------


Orwell shipping <orwell@webstore.mc> on 06/29/2000 05:16:44 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  SALVADOR CP 11MAY00




Originating Author: Paul

FROM: ORWELL SHIPPING SERVICES
DATE: 29-JUN-00 18:17
MSG.: 176090


ATTN BOB KLIDE CC MARTIN STANLEY

MV SALVADOR CP 11.05.00

DISCHARGE BALTIMORE

RETELCON WITH MARTIN PLSD TO RCVE YR FURTHER ADVICE AS WE HAVE SPOKEN
TO OWNERS WHO SAID THEY NOT AWARE OF COURT ORDER AND DISCHARGE
CONTINUES WITHOUT INTERUPTION

WE MAYBE ABLE TO GET SOME INFO FM AGENTS RICE UNRUH REYNOLDS
TEL 410-385-2484 FAX 410-385-2493 MR JERRY WIDDERICH

IN CASE NEEDED AM OF COURSE AVAILABLE EITHER ON MOBILE (377)
680869310 OR HOME (33)493281957

RGDS/PAUL HARTFIELD/ORWELL MONACO

---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:44 AM ---------------------------


Martin Stanley
06/29/2000 05:19 PM

To:   The Aluminium Group
cc:

Subject:  SALVADOR CP 11MAY00


---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 06/29/2000 05:13 PM ---------------------------


Orwell shipping <orwell@webstore.mc> on 06/29/2000 05:16:44 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  SALVADOR CP 11MAY00




Originating Author: Paul

FROM: ORWELL SHIPPING SERVICES
DATE: 29-JUN-00 18:17
MSG.: 176090


ATTN BOB KLIDE CC MARTIN STANLEY

MV SALVADOR CP 11.05.00

DISCHARGE BALTIMORE

RETELCON WITH MARTIN PLSD TO RCVE YR FURTHER ADVICE AS WE HAVE SPOKEN
TO OWNERS WHO SAID THEY NOT AWARE OF COURT ORDER AND DISCHARGE
CONTINUES WITHOUT INTERUPTION

WE MAYBE ABLE TO GET SOME INFO FM AGENTS RICE UNRUH REYNOLDS
TEL 410-385-2484 FAX 410-385-2493 MR JERRY WIDDERICH

IN CASE NEEDED AM OF COURSE AVAILABLE EITHER ON MOBILE (377)
680869310 OR HOME (33)493281957

RGDS/PAUL HARTFIELD/ORWELL MONACO



---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:44 AM ---------------------------


Martin Stanley
06/29/2000 05:30 PM

To:   The Aluminium Group
cc:

Subject:  SALVADOR COURT ORDER


---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 06/29/2000 05:24 PM ---------------------------


Fax Sr.@mglimps2. on 06/29/2000 05:10:24 PM

To:   MCCfax Aluminium/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  (I)From 212 223 3882 at 29/06/00 17:07:41

You have just received a new inbound
fax containing a total of 6 pages.
Your fax was received at 29/06/00 17:07:41.

Your entry number in Fax Sr. was 0.2.1984




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---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:44 AM ---------------------------


Martin Stanley
06/29/2000 05:47 PM

To:   elenag@rual.ru
cc:

Subject:  SALVADOR - COURT ORDER IN BALTIMORE

Lena,

Tried to contact you by phone.

Plse read the attached fax and plse call me on my opening in London.

MTS

---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 06/29/2000 05:38 PM ---------------------------


Fax Sr.@mglimps2. on 06/29/2000 05:10:24 PM

To:   MCCfax Aluminium/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  (I)From 212 223 3882 at 29/06/00 17:07:41

You have just received a new inbound
fax containing a total of 6 pages.
Your fax was received at 29/06/00 17:07:41.

Your entry number in Fax Sr. was 0.2.1984




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---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:44 AM ---------------------------


Orwell shipping <orwell@webstore.mc> on 06/29/2000 06:20:03 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  SALVADOR CP 11MAY00




Originating Author: Paul

FROM: ORWELL SHIPPING SERVICES
DATE: 29-JUN-00 19:20
MSG.: 176125


ATTN MARTIN STANLEY

MV SALVADOR CP 11.05.00

DISCHARGE BALTIMORE

HAVE READ THROUGH THE FAX FM BOB KLIDE AND UNDERSTAND THAT BASE METAL
ARE ARRESTING THE CARGO NOT THE SHIP

I CANNOT TELL FROM THE DOCS IF THIS IS YR CARGO OR NOT.

TRIED TO CALL BUT OF COURSE YR DIRECT LINE OCC

RGDS/PAUL HARTFIELD/ORWELL MONACO

---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:44 AM ---------------------------


Orwell shipping <orwell@webstore.mc> on 06/29/2000 06:41:07 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  SALVADOR CP 11MAY00




Originating Author: Paul

FROM: ORWELL SHIPPING SERVICES
DATE: 29-JUN-00 19:41
MSG.: 176131


TO MARTIN STANLEY CC BOB KLIDE

WE SPOKE TO RICK TAYLOR AT AGENTS RICE UNRUH REYNOLDS OFFICE
TEL4103852484 AND FOLLOWED UP WITH FLLG MSG

QTE
MV SALVADOR CP 11.05.00 PART CARGO ACCT MG MCC

BS/L REF SPBA 1300000/5/6/7/8 FOR 3582.543 MT ALUMIN

AS EXPLAINED WE ARE SHIPBROKERS AND HAVE FIXED THE A/M PARCEL FOR
ACCT MG MCC ONBOARD MV SALVADOR CURRENTLY UNDER DISCHARGE AT RUCKERTS

WE WOULD APPRECIATE IF YOU WOULD KINDLY KEEP US ADVISED AND PROVIDED
CONVENIENT FOR MSSRS ATKLANTIC RORO READING IN COPY SUGGEST COPY
ORWELL WITH ADVICE CONCERNING DISCHARGE OF THE A/M PARCEL

WE RCVD ADVICE THAT THERE IS A COURT ORDER ISSUED FOR SIEZURE OF PART
OF THE CARGO ALTHOUGH AT TIME OF WRITING WE DO NOT HAVE DETAILS. AS
WE ANTICIPATED AND CONFIRMED DURING OUR TELCON USUAL PRACTICE WOULD
BE FOR THE CARGO UNDER SUCH ATTACHMENT TO BE DISCHARGED FM VSL AND
PLACED IN STORE

WOULD APREC IF YOU WOULD KEEP US INFORMED OF DEVELOPEMENTS SO WE CAN
KNOW STATUS FOR OUR OPNEING IN THE MORNING

TKS YR ASSISTANCE IN ADVANCE

FOR YR EASY REF HERE FOLLOWS OUR FULL STYLE

UNQTE

REGARDS/PAUL HARTFIELD/ORWELL MONACO

---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:44 AM ---------------------------


Bob Klide@MGUSA
06/29/2000 06:59 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   The Aluminium Group

Subject:  Re: SALVADOR CP 11MAY00  (Document link not converted)

I spoke again with Ely Goldin of Egorov, Puginsky, Afanasiev & Marks, who
represent Base Metals.  I told him we have paid for the material and have 
clean
bills of lading.  He said they weren't looking to "jam anybody up" and would 
try
to resolve the situation upon receipt of our paperwork (which I have just
received from Keith Whitehead) indicating our payment for the material and our
rightful ownership of same.

Unless this matter is otherwise resolved, their intention is to let the vessel
continue discharging and seize the material thereafter.
Rukert Terminals advised me that a U.S. Marshall and two lawyers have already
been onboard the vessel and have confirmed this.  Discharge is continuing with
our cargo expected to be completed by next Wednesday.  I've conferred with our
lawyer, Arthur Taylor, and will fax the documents to Goldin this afternoon, 
who
will look them over and get back to me tomorrow.

Regards,
Bob Klide



|--------+----------------------->
|        |          Martin       |
|        |          Stanley@MGLTD|
|        |                       |
|        |          06/29/00     |
|        |          12:19 PM     |
|        |                       |
|--------+----------------------->
  >--------------------------------------------------------|
  |                                                        |
  |      To:                                               |
  |      cc:                                               |
  |      Subject:                                          |
  >--------------------------------------------------------|




---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 06/29/2000 05:13 PM ---------------------------


Orwell shipping <orwell@webstore.mc> on 06/29/2000 05:16:44 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  SALVADOR CP 11MAY00




Originating Author: Paul

FROM: ORWELL SHIPPING SERVICES
DATE: 29-JUN-00 18:17
MSG.: 176090


ATTN BOB KLIDE CC MARTIN STANLEY

MV SALVADOR CP 11.05.00

DISCHARGE BALTIMORE

RETELCON WITH MARTIN PLSD TO RCVE YR FURTHER ADVICE AS WE HAVE SPOKEN
TO OWNERS WHO SAID THEY NOT AWARE OF COURT ORDER AND DISCHARGE
CONTINUES WITHOUT INTERUPTION

WE MAYBE ABLE TO GET SOME INFO FM AGENTS RICE UNRUH REYNOLDS
TEL 410-385-2484 FAX 410-385-2493 MR JERRY WIDDERICH

IN CASE NEEDED AM OF COURSE AVAILABLE EITHER ON MOBILE (377)
680869310 OR HOME (33)493281957

RGDS/PAUL HARTFIELD/ORWELL MONACO





---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:44 AM ---------------------------


Martin Stanley
06/30/2000 07:21 AM

To:   The Aluminium Group
cc:

Subject:  SALVADOR CP 11MAY00


---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 06/30/2000 07:15 AM ---------------------------


Orwell shipping <orwell@webstore.mc> on 06/29/2000 06:41:07 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  SALVADOR CP 11MAY00




Originating Author: Paul

FROM: ORWELL SHIPPING SERVICES
DATE: 29-JUN-00 19:41
MSG.: 176131


TO MARTIN STANLEY CC BOB KLIDE

WE SPOKE TO RICK TAYLOR AT AGENTS RICE UNRUH REYNOLDS OFFICE
TEL4103852484 AND FOLLOWED UP WITH FLLG MSG

QTE
MV SALVADOR CP 11.05.00 PART CARGO ACCT MG MCC

BS/L REF SPBA 1300000/5/6/7/8 FOR 3582.543 MT ALUMIN

AS EXPLAINED WE ARE SHIPBROKERS AND HAVE FIXED THE A/M PARCEL FOR
ACCT MG MCC ONBOARD MV SALVADOR CURRENTLY UNDER DISCHARGE AT RUCKERTS

WE WOULD APPRECIATE IF YOU WOULD KINDLY KEEP US ADVISED AND PROVIDED
CONVENIENT FOR MSSRS ATKLANTIC RORO READING IN COPY SUGGEST COPY
ORWELL WITH ADVICE CONCERNING DISCHARGE OF THE A/M PARCEL

WE RCVD ADVICE THAT THERE IS A COURT ORDER ISSUED FOR SIEZURE OF PART
OF THE CARGO ALTHOUGH AT TIME OF WRITING WE DO NOT HAVE DETAILS. AS
WE ANTICIPATED AND CONFIRMED DURING OUR TELCON USUAL PRACTICE WOULD
BE FOR THE CARGO UNDER SUCH ATTACHMENT TO BE DISCHARGED FM VSL AND
PLACED IN STORE

WOULD APREC IF YOU WOULD KEEP US INFORMED OF DEVELOPEMENTS SO WE CAN
KNOW STATUS FOR OUR OPNEING IN THE MORNING

TKS YR ASSISTANCE IN ADVANCE

FOR YR EASY REF HERE FOLLOWS OUR FULL STYLE

UNQTE

REGARDS/PAUL HARTFIELD/ORWELL MONACO



---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:44 AM ---------------------------


Martin Stanley
06/30/2000 07:49 AM

To:   elenag@rual.ru, sergeybu@rual.ru
cc:

Subject:  Re: SALVADOR CP 11MAY00

Lena,

Further our telecon on Friday 30th June we are pleased to copy you in on a
message we received from our NYK office

Plse call MTS to discuss.

0044 207 265 2404 (Office)

0044 780 857 8816 (Mobile)

MTS

---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 06/30/2000 07:16 AM ---------------------------


Bob Klide@MGUSA
06/29/2000 06:59 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   The Aluminium Group

Subject:  Re: SALVADOR CP 11MAY00  (Document link not converted)

I spoke again with Ely Goldin of Egorov, Puginsky, Afanasiev & Marks, who
represent Base Metals.  I told him we have paid for the material and have 
clean
bills of lading.  He said they weren't looking to "jam anybody up" and would 
try
to resolve the situation upon receipt of our paperwork (which I have just
received from Keith Whitehead) indicating our payment for the material and our
rightful ownership of same.

Unless this matter is otherwise resolved, their intention is to let the vessel
continue discharging and seize the material thereafter.
Rukert Terminals advised me that a U.S. Marshall and two lawyers have already
been onboard the vessel and have confirmed this.  Discharge is continuing with
our cargo expected to be completed by next Wednesday.  I've conferred with our
lawyer, Arthur Taylor, and will fax the documents to Goldin this afternoon, 
who
will look them over and get back to me tomorrow.

Regards,
Bob Klide



|--------+----------------------->
|        |          Martin       |
|        |          Stanley@MGLTD|
|        |                       |
|        |          06/29/00     |
|        |          12:19 PM     |
|        |                       |
|--------+----------------------->
  >--------------------------------------------------------|
  |                                                        |
  |      To:                                               |
  |      cc:                                               |
  |      Subject:                                          |
  >--------------------------------------------------------|




---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 06/29/2000 05:13 PM ---------------------------


Orwell shipping <orwell@webstore.mc> on 06/29/2000 05:16:44 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  SALVADOR CP 11MAY00




Originating Author: Paul

FROM: ORWELL SHIPPING SERVICES
DATE: 29-JUN-00 18:17
MSG.: 176090


ATTN BOB KLIDE CC MARTIN STANLEY

MV SALVADOR CP 11.05.00

DISCHARGE BALTIMORE

RETELCON WITH MARTIN PLSD TO RCVE YR FURTHER ADVICE AS WE HAVE SPOKEN
TO OWNERS WHO SAID THEY NOT AWARE OF COURT ORDER AND DISCHARGE
CONTINUES WITHOUT INTERUPTION

WE MAYBE ABLE TO GET SOME INFO FM AGENTS RICE UNRUH REYNOLDS
TEL 410-385-2484 FAX 410-385-2493 MR JERRY WIDDERICH

IN CASE NEEDED AM OF COURSE AVAILABLE EITHER ON MOBILE (377)
680869310 OR HOME (33)493281957

RGDS/PAUL HARTFIELD/ORWELL MONACO







---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:44 AM ---------------------------


elenag@rual.ru on 06/30/2000 07:46:12 AM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  RE: SALVADOR CP 11MAY00




Martin,

message received, thanks. Have forwarded it to Sergey. Pls note Sergey's
email address is sergeybu@rual.ru

Talk to you later.

Lena

-----Original Message-----
From: martin.stanley@mgmcc.co.uk [mailto:martin.stanley@mgmcc.co.uk]
Sent: Friday, June 30, 2000 10:34 AM
To: elenag@rual.ru; sergybu@rual.ru
Subject: Re: SALVADOR CP 11MAY00




Lena,

Further our telecon on Friday 30th June we are pleased to copy you in on a
message we received from our NYK office

Plse call MTS to discuss.

0044 207 265 2404 (Office)

0044 780 857 8816 (Mobile)

MTS

---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 06/30/2000 07:16 AM ---------------------------


Bob Klide@MGUSA
06/29/2000 06:59 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   The Aluminium Group

Subject:  Re: SALVADOR CP 11MAY00  (Document link not converted)

I spoke again with Ely Goldin of Egorov, Puginsky, Afanasiev & Marks, who
represent Base Metals.  I told him we have paid for the material and have
clean
bills of lading.  He said they weren't looking to "jam anybody up" and would
try
to resolve the situation upon receipt of our paperwork (which I have just
received from Keith Whitehead) indicating our payment for the material and
our
rightful ownership of same.

Unless this matter is otherwise resolved, their intention is to let the
vessel
continue discharging and seize the material thereafter.
Rukert Terminals advised me that a U.S. Marshall and two lawyers have
already
been onboard the vessel and have confirmed this.  Discharge is continuing
with
our cargo expected to be completed by next Wednesday.  I've conferred with
our
lawyer, Arthur Taylor, and will fax the documents to Goldin this afternoon,
who
will look them over and get back to me tomorrow.

Regards,
Bob Klide



|--------+----------------------->
|        |          Martin       |
|        |          Stanley@MGLTD|
|        |                       |
|        |          06/29/00     |
|        |          12:19 PM     |
|        |                       |
|--------+----------------------->
  >--------------------------------------------------------|
  |                                                        |
  |      To:                                               |
  |      cc:                                               |
  |      Subject:                                          |
  >--------------------------------------------------------|




---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 06/29/2000 05:13 PM ---------------------------


Orwell shipping <orwell@webstore.mc> on 06/29/2000 05:16:44 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  SALVADOR CP 11MAY00




Originating Author: Paul

FROM: ORWELL SHIPPING SERVICES
DATE: 29-JUN-00 18:17
MSG.: 176090


ATTN BOB KLIDE CC MARTIN STANLEY

MV SALVADOR CP 11.05.00

DISCHARGE BALTIMORE

RETELCON WITH MARTIN PLSD TO RCVE YR FURTHER ADVICE AS WE HAVE SPOKEN
TO OWNERS WHO SAID THEY NOT AWARE OF COURT ORDER AND DISCHARGE
CONTINUES WITHOUT INTERUPTION

WE MAYBE ABLE TO GET SOME INFO FM AGENTS RICE UNRUH REYNOLDS
TEL 410-385-2484 FAX 410-385-2493 MR JERRY WIDDERICH

IN CASE NEEDED AM OF COURSE AVAILABLE EITHER ON MOBILE (377)
680869310 OR HOME (33)493281957

RGDS/PAUL HARTFIELD/ORWELL MONACO








The information contained in this e-mail message and any files transmitted
with
it are confidential and may be legally privileged. It is intended only for
the
addressee and others authorized to receive it. If you are not the intended
recipient or the person responsible for delivering the message to the
intended
recipient you are advised that you have received the e-mail in error and
that
any disclosure, copying, distribution or action taken in reliance on the
contents of the e-mail and it's attachments is strictly prohibited and may
be
unlawful. Please advise the sender immediately if you are not the intended
recipient.

---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:44 AM ---------------------------


Bob Klide@MGUSA
06/30/2000 02:24 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   The Aluminium Group

Subject:  Re: SALVADOR CP 11MAY00

Ely Goldin, one of Base Metals' attorneys, confirmed receipt of the documents 
I
faxed him.  He's passed them on to his U.S. managing partner, who is in their
Moscow office, and hopes to revert today.

Regards,
Bob Klide

----- Forwarded by Bob Klide/NYC/MGUSA on 06/30/00 09:25 AM -----
|--------+------------------------>
|        |          Bob Klide     |
|        |                        |
|        |          06/29/00 01:59|
|        |          PM            |
|        |                        |
|--------+------------------------>
  >-------------------------------------------------------|
  |                                                       |
  |     To:                                               |
  |     cc:                                               |
  |     Subject:      (Document link not converted)       |
  >-------------------------------------------------------|



I spoke again with Ely Goldin of Egorov, Puginsky, Afanasiev & Marks, who
represent Base Metals.  I told him we have paid for the material and have 
clean
bills of lading.  He said they weren't looking to "jam anybody up" and would 
try
to resolve the situation upon receipt of our paperwork (which I have just
received from Keith Whitehead) indicating our payment for the material and our
rightful ownership of same.

Unless this matter is otherwise resolved, their intention is to let the vessel
continue discharging and seize the material thereafter.
Rukert Terminals advised me that a U.S. Marshall and two lawyers have already
been onboard the vessel and have confirmed this.  Discharge is continuing with
our cargo expected to be completed by next Wednesday.  I've conferred with our
lawyer, Arthur Taylor, and will fax the documents to Goldin this afternoon, 
who
will look them over and get back to me tomorrow.

Regards,
Bob Klide



|--------+----------------------->
|        |          Martin       |
|        |          Stanley@MGLTD|
|        |                       |
|        |          06/29/00     |
|        |          12:19 PM     |
|        |                       |
|--------+----------------------->
  >--------------------------------------------------------|
  |                                                        |
  |      To:                                               |
  |      cc:                                               |
  |      Subject:                                          |
  >--------------------------------------------------------|




---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 06/29/2000 05:13 PM ---------------------------


Orwell shipping <orwell@webstore.mc> on 06/29/2000 05:16:44 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  SALVADOR CP 11MAY00




Originating Author: Paul

FROM: ORWELL SHIPPING SERVICES
DATE: 29-JUN-00 18:17
MSG.: 176090


ATTN BOB KLIDE CC MARTIN STANLEY

MV SALVADOR CP 11.05.00

DISCHARGE BALTIMORE

RETELCON WITH MARTIN PLSD TO RCVE YR FURTHER ADVICE AS WE HAVE SPOKEN
TO OWNERS WHO SAID THEY NOT AWARE OF COURT ORDER AND DISCHARGE
CONTINUES WITHOUT INTERUPTION

WE MAYBE ABLE TO GET SOME INFO FM AGENTS RICE UNRUH REYNOLDS
TEL 410-385-2484 FAX 410-385-2493 MR JERRY WIDDERICH

IN CASE NEEDED AM OF COURSE AVAILABLE EITHER ON MOBILE (377)
680869310 OR HOME (33)493281957

RGDS/PAUL HARTFIELD/ORWELL MONACO






---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:44 AM ---------------------------


Bob Klide@MGUSA
06/30/2000 07:28 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   The Aluminium Group

Subject:  Re: SALVADOR CP 11MAY00

Have unsuccessfully tried to contact Ely Goldin a number of times this
afternoon.  After speaking with Arthur Taylor, I sent Goldin a fax requiring
their confirmation by the opening of business on Wednesday, July 5th that the
seizure has been or immediately will be revoked or we will be required to go 
to
the court to recognize our title to the material and hold Base Metals
responsible for any and all damages/losses.  I'll be out the balance of next
week but will be reachable.  Sandra Torres has all of the necessary phone
numbers.

Regards,
Bob Klide

----- Forwarded by Bob Klide/NYC/MGUSA on 06/30/00 02:30 PM -----
|--------+----------------------->
|        |          Bob Klide    |
|        |                       |
|        |          06/30/00     |
|        |          09:24 AM     |
|        |                       |
|--------+----------------------->
  >--------------------------------------------------------|
  |                                                        |
  |      To:                                               |
  |      cc:                                               |
  |      Subject:                                          |
  >--------------------------------------------------------|



Ely Goldin, one of Base Metals' attorneys, confirmed receipt of the documents 
I
faxed him.  He's passed them on to his U.S. managing partner, who is in their
Moscow office, and hopes to revert today.

Regards,
Bob Klide

----- Forwarded by Bob Klide/NYC/MGUSA on 06/30/00 09:25 AM -----
|--------+------------------------>
|        |          Bob Klide     |
|        |                        |
|        |          06/29/00 01:59|
|        |          PM            |
|        |                        |
|--------+------------------------>
  >-------------------------------------------------------|
  |                                                       |
  |     To:                                               |
  |     cc:                                               |
  |     Subject:      (Document link not converted)       |
  >-------------------------------------------------------|



I spoke again with Ely Goldin of Egorov, Puginsky, Afanasiev & Marks, who
represent Base Metals.  I told him we have paid for the material and have 
clean
bills of lading.  He said they weren't looking to "jam anybody up" and would 
try
to resolve the situation upon receipt of our paperwork (which I have just
received from Keith Whitehead) indicating our payment for the material and our
rightful ownership of same.

Unless this matter is otherwise resolved, their intention is to let the vessel
continue discharging and seize the material thereafter.
Rukert Terminals advised me that a U.S. Marshall and two lawyers have already
been onboard the vessel and have confirmed this.  Discharge is continuing with
our cargo expected to be completed by next Wednesday.  I've conferred with our
lawyer, Arthur Taylor, and will fax the documents to Goldin this afternoon, 
who
will look them over and get back to me tomorrow.

Regards,
Bob Klide



|--------+----------------------->
|        |          Martin       |
|        |          Stanley@MGLTD|
|        |                       |
|        |          06/29/00     |
|        |          12:19 PM     |
|        |                       |
|--------+----------------------->
  >--------------------------------------------------------|
  |                                                        |
  |      To:                                               |
  |      cc:                                               |
  |      Subject:                                          |
  >--------------------------------------------------------|




---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 06/29/2000 05:13 PM ---------------------------


Orwell shipping <orwell@webstore.mc> on 06/29/2000 05:16:44 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  SALVADOR CP 11MAY00




Originating Author: Paul

FROM: ORWELL SHIPPING SERVICES
DATE: 29-JUN-00 18:17
MSG.: 176090


ATTN BOB KLIDE CC MARTIN STANLEY

MV SALVADOR CP 11.05.00

DISCHARGE BALTIMORE

RETELCON WITH MARTIN PLSD TO RCVE YR FURTHER ADVICE AS WE HAVE SPOKEN
TO OWNERS WHO SAID THEY NOT AWARE OF COURT ORDER AND DISCHARGE
CONTINUES WITHOUT INTERUPTION

WE MAYBE ABLE TO GET SOME INFO FM AGENTS RICE UNRUH REYNOLDS
TEL 410-385-2484 FAX 410-385-2493 MR JERRY WIDDERICH

IN CASE NEEDED AM OF COURSE AVAILABLE EITHER ON MOBILE (377)
680869310 OR HOME (33)493281957

RGDS/PAUL HARTFIELD/ORWELL MONACO







---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:44 AM ---------------------------


Martin Stanley
07/03/2000 11:09 AM

To:   The Aluminium Group
cc:

Subject:  002671 - 3,582.458MT PER 'SALVADOR'

Attached received from Aluminium of Siberia

MTS



---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/03/2000 11:00 AM ---------------------------


Fax Sr.@mglimps2. on 07/03/2000 09:57:30 AM

To:   MCCfax Aluminium/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  (I)From 7095 720 5172 at 03/07/00 09:56:51

You have just received a new inbound
fax containing a total of 19 pages.
Your fax was received at 03/07/00 09:56:51.

Your entry number in Fax Sr. was 0.2.2450



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---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Orwell shipping <orwell@webstore.mc> on 07/04/2000 06:54:59 AM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  SALVADOR CP 11MAY00




Originating Author: Paul

FROM: ORWELL SHIPPING SERVICES
DATE: 04-JUL-00 07:56
MSG.: 178929


ATTN MARTIN STANLEY

MV SALVADOR CP 11.05.00

FLLG RCVD ONIGHT DIRECT FM SHIPAGENT ATTENDNG VSL AT BALTIMORE
TO ORWELL SHIPPING SERVICES, MONTE CARLO / VIA EMAIL
   ATTN: PAUL HARTFIELD
CC ATLANTIC RORO CARRIERS / V. PANTCHENKO
FR RICE, UNRUH, REYNOLDS CO., PHILA.

RE: SALVADOR - VOY R0-13
    BL'S SPBA 1200000/5/6/7/8 - 3582.543 MT ALUM

AS OF THIS MORNING SUBJECT CARGO ABOUT 1/2 DISCHARGED;
EXPECT COMPLETE DISCHARGE 6TH OR 7TH.  REGRET TO ADVISE THAT
THOSE FOUR BILLS OF LADING WERE THIS MORNING LIENED ON THE
TERMINAL, WE UNDERSTAND IN CONNECTION WITH A JUDGEMENT
AGAINST THE PRODUCING MILLIN RUSSIA.

FOR DETAILS OF LIEN YOU SHOULD CONTACT RUCKERT TERMINAL,
RICK WOLF PHONE 410-276-1013 FAX 410-327-2315.
KEEP IN MIND TOMORROW IS JULY 4TH HOLIDAY WITH NO ONE
WORKING.

B'RGDS,
RICK TAYLOR
UNQTE

SUPPOSE BOB KLIDE IS ALREADY ON TO IT. IF YOU BELIEVE WE CAN BE OF
ASSISTANCE PLS ADVISE.

RGDS/PAUL HARTFIELD/ORWELL MONACO

---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Martin Stanley
07/04/2000 08:20 AM

To:   The Aluminium Group
cc:

Subject:  SALVADOR CP 11MAY00

Bob, Nicole and Jean,

WELCOME BACK !!!

Following received from Orwell............. (Plse see attached below)
...............

Now we have to act quickly, but all moving in the same direction.

If we assume the entire cargo will be attached once the discharge operation 
has
finished, then we should all realise that this represents $5,000,000.00 of our
money tied up on the quay, not to mention the inability to deliver against our
existing commitments.

We have couriered about 60 pages of further documents we received from 
Aluminium
of Siberia proving the chain of ownership from the smelter to Aluminium of
Siberia and with copies of the RWB showing the metal was all despatched within
April from the smelter.

Have we placed Base metal on notice that now they have attached the metal we
reserve the right to counter sue for all costs and expenses WE may suffer as a
result of their attaching metal to which we have clear title ???

Talk to the court in Maryland and establish what additional documentation they
actually require for us to prove beyond doubt that the metal is ours.

Speak to our lawyer and ask 'What should we do next ???'

MTS



---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/04/2000 08:00 AM ---------------------------


Orwell shipping <orwell@webstore.mc> on 07/04/2000 06:54:59 AM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  SALVADOR CP 11MAY00




Originating Author: Paul

FROM: ORWELL SHIPPING SERVICES
DATE: 04-JUL-00 07:56
MSG.: 178929


ATTN MARTIN STANLEY

MV SALVADOR CP 11.05.00

FLLG RCVD ONIGHT DIRECT FM SHIPAGENT ATTENDNG VSL AT BALTIMORE
TO ORWELL SHIPPING SERVICES, MONTE CARLO / VIA EMAIL
   ATTN: PAUL HARTFIELD
CC ATLANTIC RORO CARRIERS / V. PANTCHENKO
FR RICE, UNRUH, REYNOLDS CO., PHILA.

RE: SALVADOR - VOY R0-13
    BL'S SPBA 1200000/5/6/7/8 - 3582.543 MT ALUM

AS OF THIS MORNING SUBJECT CARGO ABOUT 1/2 DISCHARGED;
EXPECT COMPLETE DISCHARGE 6TH OR 7TH.  REGRET TO ADVISE THAT
THOSE FOUR BILLS OF LADING WERE THIS MORNING LIENED ON THE
TERMINAL, WE UNDERSTAND IN CONNECTION WITH A JUDGEMENT
AGAINST THE PRODUCING MILLIN RUSSIA.

FOR DETAILS OF LIEN YOU SHOULD CONTACT RUCKERT TERMINAL,
RICK WOLF PHONE 410-276-1013 FAX 410-327-2315.
KEEP IN MIND TOMORROW IS JULY 4TH HOLIDAY WITH NO ONE
WORKING.

B'RGDS,
RICK TAYLOR
UNQTE

SUPPOSE BOB KLIDE IS ALREADY ON TO IT. IF YOU BELIEVE WE CAN BE OF
ASSISTANCE PLS ADVISE.

RGDS/PAUL HARTFIELD/ORWELL MONACO



---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Sam Hainsworth
07/04/2000 12:57 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   The Aluminium Group

Subject:  Re: SALVADOR CP 11MAY00  (Document link not converted)

For the avoidance of doubt no correspondence should be sent
to any of the counterparties unless it has been approved by the
lawyers.Martin Stanley is coordinating our response and should
be appraised of all correspndence,either verbal or written.

Marc Rich/Novarco are some way further down the track in their
similar problem and expect to have their case heard over the next
few days in New jersey.We should keep appraised of their progress.

As regards our stance I think that we should now take steps to hold
the plaintiff responsible for any costs incurred due to the attatchment
and we should ask the court to require the m to post a bond against
such costs.

Any comments welcome
sam
---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Orwell shipping <orwell@webstore.mc> on 07/05/2000 02:17:01 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  OEWLL LIEN USA




Originating Author: Bart

FROM: ORWELL SHIPPING SERVICES
DATE: 05-JUL-00 15:18
MSG.: 180566


MARTIN/BART

LIEN IN USA

 MARTIN SORRY ABOUT DELAY REPLYING RE LIEN QUESTION

 WE WERE TRYING TO GET HOLD OF LONDON SHIPPING LAWYER FREIND WHO
GIVES AS FREE TELCON ADVICE

ANYWAY COULDN'T GET HIM OUT OF COURT

 SO MY OPINION IS THAT US LAW NOT VERY DIFF FROM UK LAW IN RESPECT OF
THE REQUIREMENT TO PROVE WHERE OWNERSHIP LIES.

 ITS VERY EASY TO GET A US JUDGE WHO DOES NOT KNOW SHIPPING TO ISSUE
A LIEN ON THE CARGO AS THEY DO NOT PROPERLY CHECK THE 'REAL'
OWNERSHIP.

 IN THE END DESPITE THE FACT THE THE COURT HAS ALLOWED THE LIEN YOU
SHOULD BE ABLE TO GET THE CARGO RELEASED PROVIDING YOU CAN PROVE THAT
YOU OWN THE PROPERTY AND NOVOKUZNETSK NO LONGER DOES.

 OVERAGED INSURANCE - I WILL LOOK THROUGH AND COMMENT

 REGARDS BART ORWELL MC

---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


BobbyK0829@aol.com on 07/05/2000 02:21:29 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  M/V Salvador




Spoke with Sandra Torres this morning.  She advised me we've had no further
correspondence from the Base Metals attorney, Ely Goldin, and a copy of an
e-mail from you indicates that the material is definitely being seized.  I
told her to speak with our attorney, Art Taylor, to determine what steps he
wants to take next.

I'll be reachable most of the day if you need me.  My home phone numbers are
516-489-3116 or 516-489-9291.  An overseas call to my private cell phone
would be prohibitively expensive, but Sandy Torres has it if I need to be
reached.

I'd appreciate copies of any e-mails on this subject to this e-mail address,
bobbyk0829@aol.com, so I can keep on top of this.  I've also told Sandy to
check with Rukert Terminal to determine when discharge is complete and to
advise you accordingly.

Bob Klide
---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Martin Stanley
07/05/2000 03:06 PM

To:   The Aluminium Group
cc:

Subject:  OEWLL LIEN USA

Herewith Orwell's view .............

MTS

---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/05/2000 02:59 PM ---------------------------


Orwell shipping <orwell@webstore.mc> on 07/05/2000 02:17:01 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  OEWLL LIEN USA




Originating Author: Bart

FROM: ORWELL SHIPPING SERVICES
DATE: 05-JUL-00 15:18
MSG.: 180566


MARTIN/BART

LIEN IN USA

 MARTIN SORRY ABOUT DELAY REPLYING RE LIEN QUESTION

 WE WERE TRYING TO GET HOLD OF LONDON SHIPPING LAWYER FREIND WHO
GIVES AS FREE TELCON ADVICE

ANYWAY COULDN'T GET HIM OUT OF COURT

 SO MY OPINION IS THAT US LAW NOT VERY DIFF FROM UK LAW IN RESPECT OF
THE REQUIREMENT TO PROVE WHERE OWNERSHIP LIES.

 ITS VERY EASY TO GET A US JUDGE WHO DOES NOT KNOW SHIPPING TO ISSUE
A LIEN ON THE CARGO AS THEY DO NOT PROPERLY CHECK THE 'REAL'
OWNERSHIP.

 IN THE END DESPITE THE FACT THE THE COURT HAS ALLOWED THE LIEN YOU
SHOULD BE ABLE TO GET THE CARGO RELEASED PROVIDING YOU CAN PROVE THAT
YOU OWN THE PROPERTY AND NOVOKUZNETSK NO LONGER DOES.

 OVERAGED INSURANCE - I WILL LOOK THROUGH AND COMMENT

 REGARDS BART ORWELL MC



---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


BobbyK0829@aol.com on 07/06/2000 03:31:59 AM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   sandra.torres@mgusa.com

Subject:  M/V Salvador




It's 10:30 PM here and I haven't seen any correspondence relating to the
"Salvador" from anybody.

Martin, I managed to finally get hold of Ely Goldin at about 5 PM.  He said
he was going to e-mail me a copy of a fax he was sending but I never saw it.
I told him in no uncertain terms that he was indeed "jamming us up" and that
if our material wasn't released to us, we'd have to cover our nearby
commitments from other sources at huge cost and would hold Base Metals
responsible.  He said he needed to establish some link between Aluminium of
Siberia and the Russian smelter and he wondered why the shipper on the bills
of lading was Unimetal (or Uni something - I don't quite remember the name)
and what was their relationship to Alum. of Siberia.  I told him we bought it
in good faith and there may have been any number of companies in the chain
who were really of no concern to us.  At that point, Art Taylor was calling
him on the other line.  I decided that call was more important so we ended
the conversation.

I trust you have since received an e-mailed update from Sandy as to the
contents of their phone call with Goldin (which someone please e-mail to me).

I'll be out of the house all day tomorrow but will have my cell phone with
me, although I expect to be out of range most of the time.  I'll call the
office late morning/early afternoon to get an update.  Sandy, since Art is on
vacation, did he suggest that Greg Clausson might be of assistance?  He might
be more readily available to file any necessary legal papers, unless he's
also on vacation.

Bob Klide
---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/06/2000 09:34:06 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   "Mullin, Timothy L." <TMULLIN@MilesStockbridge.com>, "Haiber, Scott R."
      <SHAIBER@MilesStockbridge.com>, "Doub, James C."
      <JDOUB@MilesStockbridge.com>

Subject:  MG Metal & Commodity Corp- Base Metals Matter




Martin:
 Thank you for your time in discussing this with us. We will email and fax
you a draft affidavit as soon as we are able to get one prepared. Should you
need us, please call or contact us at one of the references shown below:

  Mark Gately Office-410.385.3643
                     Home- 410.841.6122
                     Cell 410.218.2715
                     Fax 410.385.3700

  Tim Mullin  Office-410.385.3641
                   Home-410.560.2018
                   Home fax-410.560.2018
                   Cell-410.458.7214
                   Fax 410.385.3400

  Scott Haiber Office-410.385.3637
                     Home- 410.836.5332

Thank you. Rock n' Roll.





Mark D. Gately
Miles & Stockbridge, PC
10 Light Street
Baltimore, MD. 21202
410.385.3643
mgately@milesstockbridge.com



*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.


---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/07/2000 11:03:28 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   "Mullin, Timothy L." <TMULLIN@MilesStockbridge.com>, "Haiber, Scott R."
      <SHAIBER@MilesStockbridge.com>

Subject:  FW: Wiring Instructions




Martin:
 Here are wiring instructions for the Miles & Stockbridge account.

Mark

> -----Original Message-----
> From:   Capp, Kathleen M.
> Sent:   Friday, July 07, 2000 4:40 PM
> To:     Gately, Mark D.
> Subject:     Wiring Instructions
>
> Bank of America
> 10 Light Street
> Baltimore, MD 21202
> ABA:  052001633
> Account Name:  Miles & Stockbridge P.C.
> Account Number:  00 200 382 2806 (Escrow)
>                             00 392 814 0803 (Operating)
>
> Please have client include a reference when sending a wire.
>   Ex.  File number, Attorney, etc.
>
>
>
>
*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.


---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Martin Stanley
07/10/2000 12:18 PM

To:   The Aluminium Group
cc:   mgately@milesstockbridge.com, Arthur Taylor/NYC/MGUSA@MGUSA, Sandra
      Torres/NYC/MGUSA@MGUSA

Subject:  002671 - 3,582.548MT ALUMINIUM TEE SHIPPED PER 'SALVADOR' -
      S.PETE/BALTIMORE

Pleased to recap CURRENT situation as follows:

On Friday 7th July, Judge Garbis (District of Maryland) ordered that the
attachment of our metal be vacated (i.e. released), but that ANY proceeds from
any sales be paid to:

Bank of America,
10 Light Street,
Baltimore,
MD 21202

Account name: Miles and Stockbridge P.C.

Account number: 00 200 382 2806 (Escrow).

We intend to challenge this condition immediately - hopefully Tuesday /
Wednesday (11th / 12th July).

Judge Garbis appears to be on our side, but since this was a 'Friday 
afternoon'
judgement he has allowed Base Metals a little more time to try and prove we 
were
involved in some 'fraud'.

The Judge told their lawyers that he could see NO indication of any such
evidence and that they had to 'put up or shut up'

MTS
---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


"Markowitz, Bruce" <Bruce.Markowitz@com-box.com> on 07/10/2000 07:03:18 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   "'mrlawfirm@aol.com'" <mrlawfirm@aol.com>

Subject:  Novo Metal




Mr. Martin Stanley
MG Metals - London
Tel:  011-44-207-265-2404
Mobile:  011-44-780-857-8816
Email:  martin.stanley@mgmcc.co.uk

Dear Martin,
In reference to our phone discussion, please find below full details of our
attorney who has been working on this problem.

Mr. Scott Markowitz
Markowitz & Rabbach
100 Jericho Quadrangle - Suite 115
Jericho, NY  11753
Tel:  516-822-7888
Fax: 516-822-7907
Email:  mrlawfirm@aol.com

He has done an excellent job so far and we hope to have some results later
this week.

Regards,
Bruce Markowitz
NOVARCO LTD.
---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/10/2000 10:24:24 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   "Mullin, Timothy L." <TMULLIN@MilesStockbridge.com>, "Haiber, Scott R."
      <SHAIBER@MilesStockbridge.com>

Subject:  RE: 002671 - 3,582.548MT ALUMINIUM TEE SHIPPED PER 'SALVADOR' - S
      .PETE/BALTIMORE




Martin:
 Sorry I was unable to catch up with you on Monday; I tried your office and
"cell" phone, but called too late in the day.
 I think we should keep pushing here. I'm inclined to send Ely and company a
letter suggesting that they now have enough documentation to show them that
MG does, indeed, own the metal and that they should voluntarily release the
escrow arrangement. I would combine that with a representation that both MG
Corp and MG Ltd are quite solvent and more than able to cover a $5MM loss in
the extremely unlikely event that Base Metals could ever prove to a court
that MG owed that amount to them. I would couple this with a request that we
have an all parties conference call no later than Wednesday to discuss our
respective positions. If we can not achieve a result satisfactory to us,
then I feel we should go back to the court, probably no earlier than Monday
so as not to make it look to Judge Garbis that we are being excessively
aggressive.
 Our easiest argument to the court at this early stage is probably one based
on our solvency, i.e., "Judge there is no need for you to escrow MG's money,
because MG is by no means a credit risk by any definition."
 The only other document relating to the metal that I would like to have is
evidence that Aluminum of Siberia did pay Unimetal for the metal in
question. Could you lay hands on that?
 I will attempt to send you a draft of the proposed letter to the Bad Guys
later this evening in the hope that we can discuss on Tuesday.

 Regards

 Mark


-----Original Message-----
From: martin.stanley@mgmcc.co.uk [mailto:martin.stanley@mgmcc.co.uk]
Sent: Monday, July 10, 2000 7:18 AM
To: The Aluminium Group
Cc: mgately@milesstockbridge.com; Arthur Taylor; Sandra Torres
Subject: 002671 - 3,582.548MT ALUMINIUM TEE SHIPPED PER 'SALVADOR' - S
.PETE/BALTIMORE




Pleased to recap CURRENT situation as follows:

On Friday 7th July, Judge Garbis (District of Maryland) ordered that the
attachment of our metal be vacated (i.e. released), but that ANY proceeds
from
any sales be paid to:

Bank of America,
10 Light Street,
Baltimore,
MD 21202

Account name: Miles and Stockbridge P.C.

Account number: 00 200 382 2806 (Escrow).

We intend to challenge this condition immediately - hopefully Tuesday /
Wednesday (11th / 12th July).

Judge Garbis appears to be on our side, but since this was a 'Friday
afternoon'
judgement he has allowed Base Metals a little more time to try and prove we
were
involved in some 'fraud'.

The Judge told their lawyers that he could see NO indication of any such
evidence and that they had to 'put up or shut up'

MTS

The information contained in this e-mail message and any files transmitted
with
it are confidential and may be legally privileged. It is intended only for
the
addressee and others authorized to receive it. If you are not the intended
recipient or the person responsible for delivering the message to the
intended
recipient you are advised that you have received the e-mail in error and
that
any disclosure, copying, distribution or action taken in reliance on the
contents of the e-mail and it's attachments is strictly prohibited and may
be
unlawful. Please advise the sender immediately if you are not the intended
recipient.



*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.


---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Martin Stanley
07/11/2000 08:02 AM

To:   "Markowitz, Bruce" <Bruce.Markowitz@com-box.com>
cc:   Sam Hainsworth/The Metal & Commodity Co Ltd/MGLTD@MGLTD

Subject:  Re: Novo Metal  (Document link not converted)

Many thanks.

MTS




"Markowitz, Bruce" <Bruce.Markowitz@com-box.com> on 07/10/2000 07:03:18 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   "'mrlawfirm@aol.com'" <mrlawfirm@aol.com>

Subject:  Novo Metal




Mr. Martin Stanley
MG Metals - London
Tel:  011-44-207-265-2404
Mobile:  011-44-780-857-8816
Email:  martin.stanley@mgmcc.co.uk

Dear Martin,
In reference to our phone discussion, please find below full details of our
attorney who has been working on this problem.

Mr. Scott Markowitz
Markowitz & Rabbach
100 Jericho Quadrangle - Suite 115
Jericho, NY  11753
Tel:  516-822-7888
Fax: 516-822-7907
Email:  mrlawfirm@aol.com

He has done an excellent job so far and we hope to have some results later
this week.

Regards,
Bruce Markowitz
NOVARCO LTD.



---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Martin Stanley
07/11/2000 08:11 AM

To:   The Aluminium Group
cc:   Arthur Taylor/NYC/MGUSA@MGUSA

Subject:  RE: 002671 - 3,582.548MT ALUMINIUM TEE SHIPPED PER 'SALVADOR' - S
      .PETE/BALTIMORE

FYI

MTS
---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/11/2000 08:04 AM ---------------------------


"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/10/2000 10:24:24 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   "Mullin, Timothy L." <TMULLIN@MilesStockbridge.com>, "Haiber, Scott R."
      <SHAIBER@MilesStockbridge.com>

Subject:  RE: 002671 - 3,582.548MT ALUMINIUM TEE SHIPPED PER 'SALVADOR' - S
      .PETE/BALTIMORE




Martin:
 Sorry I was unable to catch up with you on Monday; I tried your office and
"cell" phone, but called too late in the day.
 I think we should keep pushing here. I'm inclined to send Ely and company a
letter suggesting that they now have enough documentation to show them that
MG does, indeed, own the metal and that they should voluntarily release the
escrow arrangement. I would combine that with a representation that both MG
Corp and MG Ltd are quite solvent and more than able to cover a $5MM loss in
the extremely unlikely event that Base Metals could ever prove to a court
that MG owed that amount to them. I would couple this with a request that we
have an all parties conference call no later than Wednesday to discuss our
respective positions. If we can not achieve a result satisfactory to us,
then I feel we should go back to the court, probably no earlier than Monday
so as not to make it look to Judge Garbis that we are being excessively
aggressive.
 Our easiest argument to the court at this early stage is probably one based
on our solvency, i.e., "Judge there is no need for you to escrow MG's money,
because MG is by no means a credit risk by any definition."
 The only other document relating to the metal that I would like to have is
evidence that Aluminum of Siberia did pay Unimetal for the metal in
question. Could you lay hands on that?
 I will attempt to send you a draft of the proposed letter to the Bad Guys
later this evening in the hope that we can discuss on Tuesday.

 Regards

 Mark


-----Original Message-----
From: martin.stanley@mgmcc.co.uk [mailto:martin.stanley@mgmcc.co.uk]
Sent: Monday, July 10, 2000 7:18 AM
To: The Aluminium Group
Cc: mgately@milesstockbridge.com; Arthur Taylor; Sandra Torres
Subject: 002671 - 3,582.548MT ALUMINIUM TEE SHIPPED PER 'SALVADOR' - S
.PETE/BALTIMORE




Pleased to recap CURRENT situation as follows:

On Friday 7th July, Judge Garbis (District of Maryland) ordered that the
attachment of our metal be vacated (i.e. released), but that ANY proceeds
from
any sales be paid to:

Bank of America,
10 Light Street,
Baltimore,
MD 21202

Account name: Miles and Stockbridge P.C.

Account number: 00 200 382 2806 (Escrow).

We intend to challenge this condition immediately - hopefully Tuesday /
Wednesday (11th / 12th July).

Judge Garbis appears to be on our side, but since this was a 'Friday
afternoon'
judgement he has allowed Base Metals a little more time to try and prove we
were
involved in some 'fraud'.

The Judge told their lawyers that he could see NO indication of any such
evidence and that they had to 'put up or shut up'

MTS

The information contained in this e-mail message and any files transmitted
with
it are confidential and may be legally privileged. It is intended only for
the
addressee and others authorized to receive it. If you are not the intended
recipient or the person responsible for delivering the message to the
intended
recipient you are advised that you have received the e-mail in error and
that
any disclosure, copying, distribution or action taken in reliance on the
contents of the e-mail and it's attachments is strictly prohibited and may
be
unlawful. Please advise the sender immediately if you are not the intended
recipient.



*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.




---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Martin Stanley
07/11/2000 10:31 AM

To:   "Gately, Mark D." <MGATELY@MilesStockbridge.com>
cc:   The Aluminium Group, Arthur Taylor/NYC/MGUSA@MGUSA

Subject:  RE: 002671 - 3,582.548MT ALUMINIUM TEE SHIPPED PER 'SALVADOR' - S
      .PETE/BALTIMORE  (Document link not converted)

Mark,

Thanks your e-mail and proposed 'draft letter' to Egorov,Pirginsky and
Afanasiev.

We are in agreement to all your suggestions, but would ask your views on the
following:

1) Do you think it would be advisable to return to the court say on this
Thursday, 13th July, and ask Judge Garbis what he considers 'reasonable time'
for the Plaintiff to react ???

2) We are all determined to keep the pressure on Base and must ensure we keep
them on the back foot - whilst we agree with the content of your draft we feel
it could be harder hitting - lets discuss.

3) In regard to proof of payment by ALS to Unimetal we have the following
situation - ALS can show they made a number of large payments to Unimetal and
can supply a spreadsheet showing details of their account with Unimetal. It 
may
be harder to show specific payments against specific invoices, but I am 
pushing
ALS for such evidence.

4) In your draft letter plse note MG Metal is part of MG plc, a publically
traded company with a market cap of $450.00 million.

Lets discuss on your opening

MTS





"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/10/2000 10:24:24 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   "Mullin, Timothy L." <TMULLIN@MilesStockbridge.com>, "Haiber, Scott R."
      <SHAIBER@MilesStockbridge.com>

Subject:  RE: 002671 - 3,582.548MT ALUMINIUM TEE SHIPPED PER 'SALVADOR' - S
      .PETE/BALTIMORE




Martin:
 Sorry I was unable to catch up with you on Monday; I tried your office and
"cell" phone, but called too late in the day.
 I think we should keep pushing here. I'm inclined to send Ely and company a
letter suggesting that they now have enough documentation to show them that
MG does, indeed, own the metal and that they should voluntarily release the
escrow arrangement. I would combine that with a representation that both MG
Corp and MG Ltd are quite solvent and more than able to cover a $5MM loss in
the extremely unlikely event that Base Metals could ever prove to a court
that MG owed that amount to them. I would couple this with a request that we
have an all parties conference call no later than Wednesday to discuss our
respective positions. If we can not achieve a result satisfactory to us,
then I feel we should go back to the court, probably no earlier than Monday
so as not to make it look to Judge Garbis that we are being excessively
aggressive.
 Our easiest argument to the court at this early stage is probably one based
on our solvency, i.e., "Judge there is no need for you to escrow MG's money,
because MG is by no means a credit risk by any definition."
 The only other document relating to the metal that I would like to have is
evidence that Aluminum of Siberia did pay Unimetal for the metal in
question. Could you lay hands on that?
 I will attempt to send you a draft of the proposed letter to the Bad Guys
later this evening in the hope that we can discuss on Tuesday.

 Regards

 Mark


-----Original Message-----
From: martin.stanley@mgmcc.co.uk [mailto:martin.stanley@mgmcc.co.uk]
Sent: Monday, July 10, 2000 7:18 AM
To: The Aluminium Group
Cc: mgately@milesstockbridge.com; Arthur Taylor; Sandra Torres
Subject: 002671 - 3,582.548MT ALUMINIUM TEE SHIPPED PER 'SALVADOR' - S
.PETE/BALTIMORE




Pleased to recap CURRENT situation as follows:

On Friday 7th July, Judge Garbis (District of Maryland) ordered that the
attachment of our metal be vacated (i.e. released), but that ANY proceeds
from
any sales be paid to:

Bank of America,
10 Light Street,
Baltimore,
MD 21202

Account name: Miles and Stockbridge P.C.

Account number: 00 200 382 2806 (Escrow).

We intend to challenge this condition immediately - hopefully Tuesday /
Wednesday (11th / 12th July).

Judge Garbis appears to be on our side, but since this was a 'Friday
afternoon'
judgement he has allowed Base Metals a little more time to try and prove we
were
involved in some 'fraud'.

The Judge told their lawyers that he could see NO indication of any such
evidence and that they had to 'put up or shut up'

MTS

The information contained in this e-mail message and any files transmitted
with
it are confidential and may be legally privileged. It is intended only for
the
addressee and others authorized to receive it. If you are not the intended
recipient or the person responsible for delivering the message to the
intended
recipient you are advised that you have received the e-mail in error and
that
any disclosure, copying, distribution or action taken in reliance on the
contents of the e-mail and it's attachments is strictly prohibited and may
be
unlawful. Please advise the sender immediately if you are not the intended
recipient.



*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.





---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/11/2000 10:38:52 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD,
      "'arthur.taylor@mgnah.com'" <arthur.taylor@mgnah.com>
cc:   "Mullin, Timothy L." <TMULLIN@MilesStockbridge.com>, "Haiber, Scott R."
      <SHAIBER@MilesStockbridge.com>

Subject:  Base Metal Matter




 Gentlemen,
 Would a conference call among the people on our side to plan our going
forward strategy be in order?  If you think a call would be helpful, 10:30
am EDT call tomorrow , would work on this end. If you would like, I can set
up the call. Let me know your thoughts. Thank you.

Regards.

Mark


Mark D. Gately
Miles & Stockbridge, PC
10 Light Street
Baltimore, MD. 21202
410.385.3643
mgately@milesstockbridge.com




*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.


---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Martin Stanley
07/12/2000 08:05 AM

To:   "Gately, Mark D." <MGATELY@MilesStockbridge.com>
cc:   "'arthur.taylor@mgnah.com'" <arthur.taylor@mgnah.com>, "Mullin, Timothy
      L." <TMULLIN@MilesStockbridge.com>, "Haiber, Scott R."
      <SHAIBER@MilesStockbridge.com>, The Aluminium Group

Subject:  Re: Base Metal Matter  (Document link not converted)

Mark,

Good idea - Confirm we will be available for a conference call at 10.30hrs EDT
(15.30hrs London Time)

MTS




"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/11/2000 10:38:52 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD,
      "'arthur.taylor@mgnah.com'" <arthur.taylor@mgnah.com>
cc:   "Mullin, Timothy L." <TMULLIN@MilesStockbridge.com>, "Haiber, Scott R."
      <SHAIBER@MilesStockbridge.com>

Subject:  Base Metal Matter




 Gentlemen,
 Would a conference call among the people on our side to plan our going
forward strategy be in order?  If you think a call would be helpful, 10:30
am EDT call tomorrow , would work on this end. If you would like, I can set
up the call. Let me know your thoughts. Thank you.

Regards.

Mark


Mark D. Gately
Miles & Stockbridge, PC
10 Light Street
Baltimore, MD. 21202
410.385.3643
mgately@milesstockbridge.com




*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.





---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Martin Stanley
07/12/2000 11:56 AM

To:   "Gately, Mark D." <MGATELY@MilesStockbridge.com>
cc:   The Aluminium Group, Arthur Taylor/NYC/MGUSA@MGUSA

Subject:  RE: 002671 - 3,582.548MT ALUMINIUM TEE SHIPPED PER 'SALVADOR' - S
      .PETE/BALTIMORE  (Document link not converted)

Mark,

Further my e-mail of 11th July 2000 ..................

In regard to proof of payment by ALS to Unimetal we have just faxed copies of
ALS instructions to their bank, Credit Agricole Bank and copies of the actual
payments from Credit Agricole Bank.

ALS have confirmed these payments include cover for all of the Aluminium 
shipped
per MV'Salvador'

MTS
---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/12/2000 03:06:04 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD, "Gately, Mark 
D."
      <MGATELY@MilesStockbridge.com>
cc:   "'arthur.taylor@mgnah.com'" <arthur.taylor@mgnah.com>, "Mullin, Timothy
      L." <TMULLIN@MilesStockbridge.com>, "Haiber, Scott R."
      <SHAIBER@MilesStockbridge.com>, The Aluminium Group

Subject:  RE: Base Metal Matter




Martin,
I'll place the call. Looking forward to talking to you.

Mark

-----Original Message-----
From: martin.stanley@mgmcc.co.uk [mailto:martin.stanley@mgmcc.co.uk]
Sent: Wednesday, July 12, 2000 3:06 AM
To: Gately, Mark D.
Cc: 'arthur.taylor@mgnah.com'; Mullin, Timothy L.; Haiber, Scott R.; The
Aluminium Group
Subject: Re: Base Metal Matter




Mark,

Good idea - Confirm we will be available for a conference call at 10.30hrs
EDT
(15.30hrs London Time)

MTS





"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/11/2000 10:38:52 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD,
      "'arthur.taylor@mgnah.com'" <arthur.taylor@mgnah.com>
cc:   "Mullin, Timothy L." <TMULLIN@MilesStockbridge.com>, "Haiber, Scott
R."
      <SHAIBER@MilesStockbridge.com>

Subject:  Base Metal Matter




 Gentlemen,
 Would a conference call among the people on our side to plan our going
forward strategy be in order?  If you think a call would be helpful, 10:30
am EDT call tomorrow , would work on this end. If you would like, I can set
up the call. Let me know your thoughts. Thank you.

Regards.

Mark


Mark D. Gately
Miles & Stockbridge, PC
10 Light Street
Baltimore, MD. 21202
410.385.3643
mgately@milesstockbridge.com




*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.







*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.


---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Bob Klide@MGUSA
07/12/2000 08:06 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD, Sam
      Hainsworth/The Metal & Commodity Co Ltd/MGLTD@MGLTD, dionn@qc.aira.com,
      pizzutog@qc.aira.com, Arthur Taylor/NYC/MGUSA@MGUSA
cc:   The Aluminium Group

Subject:  M/V Salvador

To update everyone, Rukert Terminals did not release the material because they
hadn't received a release from the line, Atlantic RO-RO, who hadn't received 
the
original bills of lading and customs release from our customs broker who was
holding the bills because they weren't aware the Order of Attachment had been
vacated.  After a little bit of coercion and sweet talk, the complete cargo
should be released and available for shipment this afternoon.

Regards,
Bob Klide

---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


"Hare, Mary" <MHARE@MilesStockbridge.com> on 07/12/2000 09:58:30 PM

To:   "Gately, Mark D." <MGATELY@MilesStockbridge.com>, "Mullin, Timothy L."
      <TMULLIN@MilesStockbridge.com>, "Haiber, Scott R."
      <SHAIBER@MilesStockbridge.com>, "'arthur.taylor@mgnah.com'"
      <arthur.taylor@mgnah.com>, Martin Stanley/The Metal & Commodity Co
      Ltd/MGLTD@MGLTD
cc:

Subject:  MG Metal Conference Call




eSafe Protect Gateway (tm) has scanned this mail for viruses, vandals and
suspicious attachments and has found it to be CLEAN.

File: 7L_401!.DOC (19,456 bytes)
Encoding: Base64
Result: Clean.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Attached are instructions for the conference call scheduled for 7/13/00 at
10:30 a.m. (E.S.T.)


*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.


 <<7L_401!.DOC>>


 - 7L_401!.DOC

---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/13/2000 03:18:58 AM

To:   "'arthur.taylor@mgnah.com'" <arthur.taylor@mgnah.com>, Martin 
Stanley/The
      Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   "Haiber, Scott R." <SHAIBER@MilesStockbridge.com>, "Mullin, Timothy L."
      <TMULLIN@MilesStockbridge.com>

Subject:  Base Metal Matter




 Dear Arthur and Martin:
 I received late this evening a rather outrageous letter from Ely Goldin in
which he takes the position that our documents "raise more questions than
they answer." He also indicates that he sees no purpose in having a
conference call unless it is to discuss our responses to his discovery
requests served upon us earlier today, which, incidentally, are completely
void and of no effect under the US Federal Rules of Civil Procedure in my
considered judgement.
 I will separately attempt to email to you Goldin's letter, but, in the
event technology fails me, will also fax it to you first thing Friday
morning.
 I believe we should go forward with the conference call among ourselves to
agree upon the next actions on our part. As we suspected, the Base Metal
people are plainly going to be anything but reasonable and, unfortunately,
we will almost certainly be forced to seek our relief from the Court, rather
than through business like discussions with them.
 I believe you already have dial in instructions for the 10:30 am EDT
conference call. If not, let me know and I'll get them to you.
 I look forward to speaking to you in the am.

Mark

Mark D. Gately
Miles & Stockbridge, PC
10 Light Street
Baltimore, MD. 21202
410.385.3643
mgately@milesstockbridge.com




*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.


---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Martin Stanley
07/13/2000 08:07 AM

To:   The Aluminium Group
cc:

Subject:  Base Metal Matter


---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/13/2000 08:01 AM ---------------------------


"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/13/2000 03:18:58 AM

To:   "'arthur.taylor@mgnah.com'" <arthur.taylor@mgnah.com>, Martin 
Stanley/The
      Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   "Haiber, Scott R." <SHAIBER@MilesStockbridge.com>, "Mullin, Timothy L."
      <TMULLIN@MilesStockbridge.com>

Subject:  Base Metal Matter




 Dear Arthur and Martin:
 I received late this evening a rather outrageous letter from Ely Goldin in
which he takes the position that our documents "raise more questions than
they answer." He also indicates that he sees no purpose in having a
conference call unless it is to discuss our responses to his discovery
requests served upon us earlier today, which, incidentally, are completely
void and of no effect under the US Federal Rules of Civil Procedure in my
considered judgement.
 I will separately attempt to email to you Goldin's letter, but, in the
event technology fails me, will also fax it to you first thing Friday
morning.
 I believe we should go forward with the conference call among ourselves to
agree upon the next actions on our part. As we suspected, the Base Metal
people are plainly going to be anything but reasonable and, unfortunately,
we will almost certainly be forced to seek our relief from the Court, rather
than through business like discussions with them.
 I believe you already have dial in instructions for the 10:30 am EDT
conference call. If not, let me know and I'll get them to you.
 I look forward to speaking to you in the am.

Mark

Mark D. Gately
Miles & Stockbridge, PC
10 Light Street
Baltimore, MD. 21202
410.385.3643
mgately@milesstockbridge.com




*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.




---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Martin Stanley
07/13/2000 09:59 AM

To:   "Gately, Mark D." <MGATELY@MilesStockbridge.com>, The Aluminium Group
cc:   "'arthur.taylor@mgnah.com'" <arthur.taylor@mgnah.com>, "Haiber, Scott 
R."
      <SHAIBER@MilesStockbridge.com>, "Mullin, Timothy L."
      <TMULLIN@MilesStockbridge.com>

Subject:  Base Metal Matter  (Document link not converted)

Mark,

All your faxes well received.

Sadly it looks as tho' this case is going to get somewhat messy.

Could you please send any future faxes to:

44 207 7488 3058

This will enable all the Aluminium team to read your messages.

Thanks

MTS







"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/13/2000 03:18:58 AM

To:   "'arthur.taylor@mgnah.com'" <arthur.taylor@mgnah.com>, Martin 
Stanley/The
      Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   "Haiber, Scott R." <SHAIBER@MilesStockbridge.com>, "Mullin, Timothy L."
      <TMULLIN@MilesStockbridge.com>

Subject:  Base Metal Matter




 Dear Arthur and Martin:
 I received late this evening a rather outrageous letter from Ely Goldin in
which he takes the position that our documents "raise more questions than
they answer." He also indicates that he sees no purpose in having a
conference call unless it is to discuss our responses to his discovery
requests served upon us earlier today, which, incidentally, are completely
void and of no effect under the US Federal Rules of Civil Procedure in my
considered judgement.
 I will separately attempt to email to you Goldin's letter, but, in the
event technology fails me, will also fax it to you first thing Friday
morning.
 I believe we should go forward with the conference call among ourselves to
agree upon the next actions on our part. As we suspected, the Base Metal
people are plainly going to be anything but reasonable and, unfortunately,
we will almost certainly be forced to seek our relief from the Court, rather
than through business like discussions with them.
 I believe you already have dial in instructions for the 10:30 am EDT
conference call. If not, let me know and I'll get them to you.
 I look forward to speaking to you in the am.

Mark

Mark D. Gately
Miles & Stockbridge, PC
10 Light Street
Baltimore, MD. 21202
410.385.3643
mgately@milesstockbridge.com




*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.





---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Martin Stanley
07/13/2000 03:47 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  (I)From 410 385 3700 at 07/13/00 03:22:59 PM


---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/13/2000 03:40 PM ---------------------------


Fax Sr.@mglimps2. on 07/13/2000 03:23:58 PM

To:   MCCfax Aluminium/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  (I)From 410 385 3700 at 07/13/00 03:22:59 PM

You have just received a new inbound
fax containing a total of 3 pages.
Your fax was received at 07/13/00 03:22:59 PM.

Your entry number in Fax Sr. was 0.3.1040




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---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Martin Stanley
07/14/2000 09:04 AM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  (I)From 410 385 3700 at 07/13/00 09:01:38 PM


---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/14/2000 08:57 AM ---------------------------


Fax Sr.@mglimps2. on 07/13/2000 09:02:56 PM

To:   MCCfax Aluminium/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  (I)From 410 385 3700 at 07/13/00 09:01:38 PM

You have just received a new inbound
fax containing a total of 3 pages.
Your fax was received at 07/13/00 09:01:38 PM.

Your entry number in Fax Sr. was 0.3.1153




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---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Martin Stanley
07/14/2000 10:45 AM

To:   "Gately, Mark D." <MGATELY@MilesStockbridge.com>
cc:   "Haiber, Scott R." <SHAIBER@MilesStockbridge.com>, "Mullin, Timothy L."
      <TMULLIN@MilesStockbridge.com>

Subject:  Base Metal Matter  (Document link not converted)

Mark,

You will note this message is only sent to your good offices ............

Plse refer to your letter dated 13 July 2000 to Ely Goldin.

I know you have been using GM as an analogy for our case, but I didn't know 
that
Base are after them aswell !!! - Please refer to your first bullet point and 
the
second last paragraph !!!

Good luck on Monday / Tuesday

You owe me a drink.

MTS

---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/14/2000 10:32:38 PM

To:   Martin Stanley/The Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  RE: Base Metal Matter




Martin,
 Thanks. We were checking your proofreading skills. They are superb.
 I look forward to buying you the drink I owe you. Perhaps after your
deposition.

Rock n' roll

Mark

-----Original Message-----
From: martin.stanley@mgmcc.co.uk [mailto:martin.stanley@mgmcc.co.uk]
Sent: Friday, July 14, 2000 5:46 AM
To: Gately, Mark D.
Cc: Haiber, Scott R.; Mullin, Timothy L.
Subject: Base Metal Matter




Mark,

You will note this message is only sent to your good offices ............

Plse refer to your letter dated 13 July 2000 to Ely Goldin.

I know you have been using GM as an analogy for our case, but I didn't know
that
Base are after them aswell !!! - Please refer to your first bullet point and
the
second last paragraph !!!

Good luck on Monday / Tuesday

You owe me a drink.

MTS



*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.


---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/15/2000 05:24:18 PM

To:   "'arthur.taylor@mgnah.com'" <arthur.taylor@mgnah.com>, Martin 
Stanley/The
      Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   "Haiber, Scott R." <SHAIBER@MilesStockbridge.com>, "Mullin, Timothy L."
      <TMULLIN@MilesStockbridge.com>

Subject:




Arthur and Martin:
     We've taken a quick look at the papers in the South Carolina case.
It turns out that Base Metal dismissed in that case because they had seized
the wrong metal. As they told the Court: "Upon seizure of the cargo by the
Marshal's service, inspection of the seized cargo and associated transfer
documents, Plaintiff is satisfied that the cargo seized was fabricated at
the Krasnoyarsk Plant, which is not Defendant's plant".

Mark


Mark D. Gately
Miles & Stockbridge, PC
10 Light Street
Baltimore, MD. 21202
410.385.3643
mgately@milesstockbridge.com




*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.


---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/15/2000 06:33:27 PM

To:   "'arthur.taylor@mgnah.com'" <arthur.taylor@mgnah.com>, Martin 
Stanley/The
      Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   "Mullin, Timothy L." <TMULLIN@MilesStockbridge.com>, "Hopper, Gregory 
G."
      <GHOPPER@MilesStockbridge.com>

Subject:  Base Metal Matter




Dear Arthur and Martin:
 Scott Haiber who, as you know, has done virtually all of the brief writing
in this matter, was called about an hour ago and told that, very
unfortunately, his mother fell down the steps while visiting her sister in
London and fractured her neck. Scott and his father are leaving for London
this evening to be with her. We will, obviously, continue to work from this
end on our Court filing, but I wanted to let you know our situation here in
that Scott's absence will slow us down a bit.

Mark

Mark D. Gately
Miles & Stockbridge, PC
10 Light Street
Baltimore, MD. 21202
410.385.3643
mgately@milesstockbridge.com




*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.


---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/15/2000 07:12:23 PM

To:   "'arthur.taylor@mgnah.com'" <arthur.taylor@mgnah.com>, Martin 
Stanley/The
      Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:

Subject:  FW: Base Metal Matter






> -----Original Message-----
> From:   Gately, Mark D.
> Sent:   Saturday, July 15, 2000 2:11 PM
> To:     'arthur.taylor@mgnah.com''; ''martin.stanley@mgmcc.co.uk'
> Cc:     Mullin, Timothy L.
> Subject:     FW: Base Metal Matter
>
> As a further update, Scott and I were able to get Greg Hopper to come into
> the office today and he is now working on the memorandum for Judge Garbis.
> Perhaps we can make for a Tuesday filing. I will keep you updated.
> Thanks.
>
> Mark
>
> -----Original Message-----
> From:   Gately, Mark D.
> Sent:   Saturday, July 15, 2000 1:33 PM
> To:     'arthur.taylor@mgnah.com'; 'martin.stanley@mgmcc.co.uk'
> Cc:     Mullin, Timothy L.; Hopper, Gregory G.
> Subject:     Base Metal Matter
>
> Dear Arthur and Martin:
>  Scott Haiber who, as you know, has done virtually all of the brief
> writing in this matter, was called about an hour ago and told that, very
> unfortunately, his mother fell down the steps while visiting her sister in
> London and fractured her neck. Scott and his father are leaving for London
> this evening to be with her. We will, obviously, continue to work from
> this end on our Court filing, but I wanted to let you know our situation
> here in that Scott's absence will slow us down a bit.
>
> Mark
>
> Mark D. Gately
> Miles & Stockbridge, PC
> 10 Light Street
> Baltimore, MD. 21202
> 410.385.3643
> mgately@milesstockbridge.com
>
>
>
>
*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.


---------------------- Forwarded by Martin Stanley/The Metal & Commodity Co
Ltd/MGLTD on 07/17/2000 11:45 AM ---------------------------


Martin Stanley
07/17/2000 09:02 AM

To:   "Gately, Mark D." <MGATELY@MilesStockbridge.com>
cc:

Subject:  Re: Base Metal Matter  (Document link not converted)

Gentlemen,

Very sorry to hear the news.

Can we offer any assistance here in London ???

Locating Doctors or Hospitals for example ???

Plse do NOT hesitate to call

MTS






"Gately, Mark D." <MGATELY@MilesStockbridge.com> on 07/15/2000 06:33:27 PM

To:   "'arthur.taylor@mgnah.com'" <arthur.taylor@mgnah.com>, Martin 
Stanley/The
      Metal & Commodity Co Ltd/MGLTD@MGLTD
cc:   "Mullin, Timothy L." <TMULLIN@MilesStockbridge.com>, "Hopper, Gregory 
G."
      <GHOPPER@MilesStockbridge.com>

Subject:  Base Metal Matter




Dear Arthur and Martin:
 Scott Haiber who, as you know, has done virtually all of the brief writing
in this matter, was called about an hour ago and told that, very
unfortunately, his mother fell down the steps while visiting her sister in
London and fractured her neck. Scott and his father are leaving for London
this evening to be with her. We will, obviously, continue to work from this
end on our Court filing, but I wanted to let you know our situation here in
that Scott's absence will slow us down a bit.

Mark

Mark D. Gately
Miles & Stockbridge, PC
10 Light Street
Baltimore, MD. 21202
410.385.3643
mgately@milesstockbridge.com




*************************************************
This e-mail, including any attachments, is intended for the
receipt and use by the intended addressee(s), and may contain
confidential and privileged information.  If you are not an intended
recipient of this e-mail, you are hereby notified that any unauthorized
use or distribution of this e-mail is strictly prohibited.








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