---------------------- Forwarded by Sara Shackleton/HOU/ECT on 09/13/99 03:09 
PM ---------------------------


"LOPEZ AUFRANC, Patricia" <PLA@marval.com.ar> on 09/10/99 01:07:00 PM
To: Sara Shackleton/HOU/ECT@ECT
cc:  
Subject: RV: memo on derivatives






>   See attached.
>
>
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