JANUARY 18, 1995

CARTEL MEETING IN ATLANTA, GEORGIA

CARTEL MEMBERS SHOW DISDAIN FOR

CUSTOMERS AND ANTITRUST ENFORCEMENT

Segment 1 - January 18, 1995, Atlanta, Georgia - Video Tape

YAMAMOTO:	Oh, no, no, no. (Unintelligible "ui")

KANJI MIMOTO:	Nice to see you.

J.E. KIM:	Mr. Mimoto, nice to see you again.

(Group talks - ui).

WHITACRE:	And nice to see you Mr. Shinohara. How are you doing? Good seein' you again. Jacques, how are you?

JACQUES CHAUDRET:	Good. How are you?

MIMOTO:	Jacques, morning to you.

CHAUDRET:	Morning.

MIMOTO:	How are you?

WHITACRE:	Long time no see.

UNKNOWN MALE:	How are you (ui)?

MIMOTO:	Uh, how are you?

WHITACRE:	It's been too long.

MIMOTO:	Nice to see you again.

HISAO SHINOHARA:	I think I met you before.

J.E. KIM:	I think (ui).

WHITACRE:	Good seeing you (ui).

MIMOTO:	(ui), Mr. Tany.

UNKNOWN MALE:	I think (ui) good time.

UNKNOWN MALE:	Oh, nice to see you again.

YAMAMOTO:	Okay.

WHITACRE:	There's a, a little place to hang your coat if you like.

UNKNOWN MALE:	Uh.

WHITACRE:	Right around the corner. Plenty of juices. Coffee. Mr. Shinohara?

SHINOHARA:	Thank you.

[9:02:47]

WHITACRE:	Please feel free to help yourself.

SHINOHARA:	Thanks. TV here?

WHITACRE:	What's that?

SHINOHARA:	TV. TV.

WHITACRE:	No, no, just a blackboard.

SHINOHARA:	Oh, just a blackboard. (Laughs).

UNKNOWN MALE:	(ui).

* * * * * * * * * *

YAMAMOTO:	(Laughs).

CHAUDRET:	(Laughs).

WHITACRE:	Uhhh. See, we have a couple of other people joinin' us, I think, don't we?

MIMOTO:	At, uh, 10:30.

YAMAMOTO:	At 10:30.

WHITACRE:	Oh yeah, at 10:30.

MIMOTO:	Two people from...

WHITACRE:	Yeah.

MIMOTO:	Sewon. So, uh, where are they going to sit? Well anyway...

YAMAMOTO:	Uhm.

MIMOTO:	At 10:30, we will have a meeting, yeah?

WHITACRE:	And then, then come two more, right? Two more at that point?

MIMOTO:	Two more...

WHITACRE:	Two more.

MIMOTO:	after...

WHITACRE:	Well, we got plenty of space.

MIMOTO:	Yeah.

WHITACRE:	Yeah.

J.E. KIM:	Need two more from, uh, Miwon and Se-Sewon.

CHAUDRET:	No, no, two more from Sewon. Uh, one from Tyson, one from Con Agra, one from... Huh.

(Group laughs).

YAMAMOTO:	Sales meeting, huh? (Laughs).

CHAUDRET:	Well, it's easy to know the price, so everything's clear.

MIMOTO:	And one from FBI. (Laughs).

(Group laughs).

YAMAMOTO:	(ui) joke.

(Group laughs).

WHITACRE:	And seven from the FTC.

MIMOTO:	Yeah. FTC. (Laughs).

UNKNOWN MALE:	(ui).

WHITACRE:	FBI.

MIMOTO:	Seven from FTC. (Laughs).

SHINOHARA:	Well, I also feel cautious in the way I came into this, uh, hotel. I actually... (Laughs). (ui).

CHAUDRET:	In Europe, we...

SHINOHARA:	You know and, uh, (ui).

UNKNOWN MALE:	(ui).

CHAUDRET:	Even in Europe now, they're cracking down.

UNKNOWN MALE:	Well, uh...

WHITACRE:	Everyone has to be careful.

SHINOHARA:	Oh, yes.

WHITACRE:	When we leave, we're better off to leave separately.

CHAUDRET:	Yeah.

SHINOHARA:	Yeah.

CHAUDRET:	Of course.

YAMAMOTO:	Wear glasses, sunglasses.

CHAUDRET:	Uh, sunglasses. You know that's my favorite! (Laughs).

YAMAMOTO:	(Laughs).

CHAUDRET:	(Laughs).

YAMAMOTO:	Yeah. (Laughs).

CHAUDRET:	No, but (ui) look.

WHITACRE:	Wel-welcome to, to Atlanta, U.S.A.

UNKNOWN MALE:	Yeah.

WHITACRE:	I'm glad you could come here. We've been often, so often to Asia, so often to Europe, it's, uh, good that everyone could come here at some point.

MIMOTO:	Uhm.

UNKNOWN MALE:	(ui).

MIMOTO:	(ui).

WHITACRE:	I think Kanji, I think Kanji's gonna pretty much lead the meeting and obviously the topic here at the beginning would be I think more volume...

MIMOTO:	Yeah.

WHITACRE:	related because prices gonna start at 10:30.

(Knocking on door).

MIMOTO:	Yes? FTC? (Laughs).

SHINOHARA:	Who? (Laughs).