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OCT-02-97 19:17 FROM: ID: PAGE 1/3 PHILIP MORRIS COMPANIES INC. 120 PARK AVENUE, NEW YORK, NY 10017 FACSIMILE TRANSMISSION STEVEN C. PARRISH Phone: 212-880-3074 Senior Vice President Corporate Affairs Fax: 212-949-2395 DATE: October 2, 1997 TO: Bruce Reed FAX: 456-5442 PAGES TO FOLLOW: 2 This facsimile transmission (and/or documents accompanying it) may contain privileged and confidential information belonging to the sender. The information is intended only for the use of the addressee or entity named above. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution or the taking of any action in reliance of the contents of this information is strictly prohibited by law. If you have received this transmission in error, please immediately notify us by telphone to arrange for the return of the documents.