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Update

ISSUE 39, July 2002


Membership

New Member

We are pleased to welcome the following new members since the last Update:

RWE Trading Gmbh

RWE Trading has been created by the merger of the trading activities from RWE and VEW. The company is headquartered in Essen, while London as a financial centre is another important location. Trading floors have already been built up at both sites. The company has sales and trading offices in Hoofddorp near Amsterdam, in Warsaw, Paris, Madrid and Vienna with further branches planned in Europe. RWE Trading runs wholesale trading in the European market and trades in physical energies and derivative products.

Further information can be found at www.rwetrading.com

Wragge & Co

Wragge & Co is a major UK law firm providing a full range of legal services to clients worldwide. The majority of the 1100 employees (including 108 partners) are located in Birmingham, with a handful at supporting offices in London and Brussels. Around 25% of their work is international, representing clients in the UK and abroad. Experts cover a broad variety of legal disciplines from dispute resolution to intellectual property, corporate to employment and pensions to property.

Further information can be found at www.wragge.com