<?xml version="1.0" encoding="UTF-8"?>
<!--
  == Copyright (c) 2002-2005. All rights reserved.
  == Financial Products Markup Language is subject to the FpML public license.
  == A copy of this license is available at http://www.fpml.org/documents/license
-->
<FpML version="4-2" xmlns="http://www.fpml.org/2005/FpML-4-2"
        xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
        xsi:schemaLocation="http://www.fpml.org/2005/FpML-4-2 ../fpml-main-4-2.xsd http://www.w3.org/2000/09/xmldsig# xmldsig-core-schema.xsd" xsi:type="RequestTradeConfirmation">
        <header>
                <conversationId conversationIdScheme="http://www.drkw.com/conversationId/OTC">OTCCalendarSpread45678</conversationId>
                <messageId messageIdScheme="http://www.drkw.com/messageId/OTC">OTCCalendarSpread456a789b</messageId>
                <sentBy partyIdScheme="http://www.MsgParty.com/partyId">drkw</sentBy>
                <creationTimestamp>2000-08-01T08:57:00-00:00</creationTimestamp>
        </header>
        <trade>
                <tradeHeader>
                        <partyTradeIdentifier>
                                <partyReference href="drkw"/>
                                <tradeId tradeIdScheme="http://www.drkw.com/tradeId/OTC">1234</tradeId>
                        </partyTradeIdentifier>
                        <tradeDate id="TradeDate">2001-07-13</tradeDate>
                </tradeHeader>
                <brokerEquityOption>
                        <productType>calendarSpread</productType>
                        <buyerPartyReference href="PartyB"/>
                        <sellerPartyReference href="drkw"/>
                        <optionType>Call</optionType>
                        <underlyer>
                                <singleUnderlyer>
                                        <equity>
                                                <instrumentId instrumentIdScheme="http://www.fpml.org/schemes/4.1/instrumentId">STM-FP</instrumentId>
                                                <description>STMicroelectronics N.V. ordinary shares</description>
                                                <exchangeId exchangeIdScheme="http://www.fpml.org/schemes/4.1/exchangeId">NSE</exchangeId>
                                        </equity>
                                </singleUnderlyer>
                        </underlyer>
                        <equityExercise>
                                <equityAmericanExercise>
                                        <commencementDate>
                                                <adjustableDate>
                                                  <unadjustedDate>2001-07-13</unadjustedDate>
                                                  <dateAdjustments>
                                                  <businessDayConvention>NONE</businessDayConvention>
                                                  </dateAdjustments>
                                                </adjustableDate>
                                        </commencementDate>
                                        <expirationDate>
                                                <adjustableDate>
                                                  <unadjustedDate>2002-09-27</unadjustedDate>
                                                  <dateAdjustments>
                                                  <businessDayConvention>NONE</businessDayConvention>
                                                  </dateAdjustments>
                                                </adjustableDate>
                                        </expirationDate>
                                        <latestExerciseTime>
                                                <hourMinuteTime>17:15:00</hourMinuteTime>
                                                <businessCenter>GBLO</businessCenter>
                                        </latestExerciseTime>
                                        <latestExerciseTimeType>SpecificTime</latestExerciseTimeType>
                                        <equityExpirationTimeType>Close</equityExpirationTimeType>
                                </equityAmericanExercise>
                                <automaticExercise>true</automaticExercise>
                                <equityValuation>
                                        <valuationTimeType>Close</valuationTimeType>
                                </equityValuation>
                                <settlementCurrency>EUR</settlementCurrency>
                                <settlementPriceSource>OfficialClose</settlementPriceSource>
                                <settlementType>Physical</settlementType>
                        </equityExercise>
                        <strategyFeature>
                                <calendarSpread>
                                        <expirationDateTwo>
                                                <adjustableDate>
                                                  <unadjustedDate>2003-09-27</unadjustedDate>
                                                  <dateAdjustments>
                                                  <businessDayConvention>NONE</businessDayConvention>
                                                  </dateAdjustments>
                                                </adjustableDate>
                                        </expirationDateTwo>
                                </calendarSpread>
                        </strategyFeature>
                        <strike>
                                <strikePrice>32.00</strikePrice>
                        </strike>
                        <spotPrice>30.00</spotPrice>
                        <numberOfOptions>150000</numberOfOptions>
                        <equityPremium>
                                <payerPartyReference href="PartyB"/>
                                <receiverPartyReference href="drkw"/>
                                <paymentAmount>
                                        <currency>EUR</currency>
                                        <amount>405000</amount>
                                </paymentAmount>
                                <paymentDate>
                                        <unadjustedDate>2001-07-17</unadjustedDate>
                                        <dateAdjustments>
                                                <businessDayConvention>NONE</businessDayConvention>
                                        </dateAdjustments>
                                </paymentDate>
                                <pricePerOption>
                                        <currency>EUR</currency>
                                        <amount>2.70</amount>
                                </pricePerOption>
                        </equityPremium>
                        <deltaCrossed>false</deltaCrossed>
                        <brokerageFee>
                                <currency>EUR</currency>
                                <amount>5000</amount>
                        </brokerageFee>
                        <brokerNotes>Broker Notes regarding trade</brokerNotes>
                </brokerEquityOption>
                <calculationAgent>
                        <calculationAgentPartyReference href="drkw"/>
                </calculationAgent>
                <documentation>
                        <masterAgreement>
                                <masterAgreementType>ISDA2002</masterAgreementType>
                        </masterAgreement>
                        <contractualDefinitions>ISDA2002Equity</contractualDefinitions>
                </documentation>
                <governingLaw>GBEN</governingLaw>
        </trade>
        <party id="drkw">
                <partyId>Party A</partyId>
        </party>
        <party id="PartyB">
                <partyId>Party B</partyId>
        </party>
</FpML>
