Re:

Jeffrey,

As you know, inclusion in Hertz was limited to clients with $1billion net worth.   To be involved in future deals, investors should be prepared to commit about $20mm per year and invest alongside Merrill in its deals through out the world.  You can pull out of the program at any time. Of course, your prior investments remain in that case, however,  you would not participate in future investments.  You may be interested in this for Les. If so, please advise. If not, no problem.

Ed

Ed Spector, CIMA
Vice President
212 236 1660 (T)
212 236 1644 (F)

The information herein has been obtained from sources which we believe to be reliable, but we do not guarantee its accuracy or completeness. The information is for discussion purposes and neither the information nor any opinion expressed constitutes a solicitation by us of the purchase or sale of any securities or other financial instruments. All indications are subject to market conditions.

Merrill Lynch considers trade confirmations and monthly statements to be the official record of all transactions and balances.

Disclaimer:

CAUTION: electronic mail sent through the internet is not secure and could be intercepted by a third party. For your protection, avoid sending identifying information, such as account, Social Security, or card numbers to us or others. Further, do not send time-sensitive, action-oriented messages, such as transaction orders, fund transfer instructions, or check stop payments, as it is our policy not to accept such items electronically.

 

If you are not an intended recipient of this e-mail, please notify the sender, delete it and do not read, act upon, print, disclose, copy, retain or redistribute it. Click here for important additional terms relating to this e-mail.     http://www.ml.com/email_terms/

---