CORRESP 3 filename3.htm

Exhibit B

Proposed Draft of Last Paragraph of Item 7a –
Quantitative and Qualitative Disclosures about Market Risk

        The table below provides information about our derivative financial instruments and presents such information in U.S. dollar equivalents. The table presents the net settlement amounts and weighted average exchange rates by expected (contractual) maturity dates. These net settlement amounts generally are used to calculate the contractual payments to be exchanged under the contract.

 

Exchange Rate Sensitivity Table
As of October 30, 2004
Expected Maturity or Transaction Date (000,s)
$US Functional Currency:
Forward Exchange Agreements
 Fiscal
2005
 Fiscal
2006
 Fiscal
2007
 Fiscal
2008
 Fiscal
2009
 There-
after
 Total
 Fair
Value
Receive AUD Pay ZAR
Contract Amount		 ($ 300.9) $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 ($ 300.9) ($ 14.6)
Average Rate 0.7900 0.0000 0.0000 0.0000 0.0000 0.0000 0.7900

Receive USD Pay ZAR
Contract Amount		 ($ 7,542.8) $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 ($ 7,542.8) ($ 957.5)
Average Rate 7.0290 0.0000 0.0000 0.0000 0.0000 0.0000 7.0290

Receive GBP Pay ZAR
Contract Amount		 ($ 571.1) $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 ($ 571.10) ($ 38.3)
Average Rate 1.9784 0.0000 0.0000 0.0000 0.0000 0.0000 1.9784

Pay USD Receive GBP
Contract Amount		 $ 106,473.2 $ 4,109.2 ($ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 110,582.3 $ 2,125.9
Average Rate 1.7787 1.7701 0.0000 0.0000 0.0000 0.0000 1.7784

Receive GBP Pay USD
Contract Amount		 ($ 10,038.2) ($ 2,999.5) $ 0.0 $ 0.0 $ 0.0 $ 0.0 ($ 13,037.6) $ 141.6
Average Rate 1.8251 1.7313 0.0000 0.0000 0.0000 0.0000 1.8035

Pay USD Receive AUD
Contract Amount		 $ 4,723.1 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 4,723.1 $ 44.8
Average Rate 0.7212 0.0000 0.0000 0.0000 0.0000 0.0000 0.7212

Receive AUD Pay USD
Contract Amount		 $ 11,435.7) $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 ($ 11,435.7) $ 28.7
Average Rate 0.7233 0.0000 0.0000 0.0000 0.0000 0.0000 0.7233

Receive EUR Pay USD
Contract Amount		 ($ 157.9) $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 ($ 157.9) $ 15.2
Average Rate 1.1622 0.0000 0.0000 0.0000 0.0000 0.0000 1.1622

Pay EUR Receive GBP
Contract Amount		 $ 2061.3 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 2,061.3 ($ 3.2)
Average Rate 1.2753 0.0000 0.0000 0.0000 0.0000 0.0000 1.2753

Receive ZAR Pay BWP
Contract Amount		 ($ 1,073.8) $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 ($ 1,073.8) ($ 151.1)
Average Rate 5.3316 0.0000 0.0000 0.0000 0.0000 0.0000 5.3316
Contract Amount $ 82,137.3 $ 1,109.7 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 83,247.0 $ 1,191.5

 

Exchange Rate Sensitivity Table
As of November 1, 2003
Expected Maturity or Transaction Date (000,s)
$US Functional Currency:
Forward Exchange Agreements
 Fiscal
2004
 Fiscal
2005
 Fiscal
2006
 Fiscal
2007
 Fiscal
2008
 There-
after
 Total
 Fair
Value
Receive AUD Pay ZAR
Contract Amount		 ($ 90.0) $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 ($ 90.0) ($ 3.4)
Average Rate 0.7420 0.0000 0.0000 0.0000 0.0000 0.0000 0.7420

Receive USD Pay ZAR
Contract Amount		 ($ 891.00) $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 ($ 891.00) ($ 514.1)
Average Rate 10.8211 0.0000 0.0000 0.0000 0.0000 0.0000 10.8211

Receive GBP Pay ZAR
Contract Amount		 ($ 382.1) $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 ($ 382.1) ($ 43.7)
Average Rate 1.9472 0.0000 0.0000 0.0000 0.0000 0.0000 1.9472

Pay USD Receive GBP
Contract Amount		 $ 12,089.4 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 12,089.4 $ 325.9
Average Rate 1.6329 0.0000 0.0000 0.0000 0.0000 0.0000 1.6329

Receive GBP Pay USD
Contract Amount		 ($ 2,444.1) $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 ($ 2,444.1) $ 98.6
Average Rate 1.6294 0.0000 0.0000 0.0000 0.0000 0.0000 1.6294

Receive USD Pay AUD
Contract Amount		 ($ 15,540.6) $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 ($ 15,540.6) ($ 1,744.5)
Average Rate 0.6349 0.0000 0.0000 0.0000 0.0000 0.0000 0.6349

Receive AUD Pay USD
Contract Amount		 ($ 2,037.3) $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 ($ 2,037.3) $ 4.8
Average Rate 0.7025 0.0000 0.0000 0.0000 0.0000 0.0000 0.7025

Pay ZAR Receive USD
Contract Amount		 $ 18,652.7 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 18,652.7 ($ 199.4)
Average Rate 7.0365 0.0000 0.0000 0.0000 0.0000 0.0000 7.0365

Receive AUD Pay GBP
Contract Amount		 ($ 9.6) $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 ($ 9.6) $ 0.0
Average Rate 0.7035 0.0000 0.0000 0.0000 0.0000 0.0000 0.7035

Pay EUR Receive GBP
Contract Amount		 $ 1,936.7 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 1,936.7 $ 35.6
Average Rate 1.1983 0.0000 0.0000 0.0000 0.0000 0.0000 1.1983

Receive CAD Pay USD
Contract Amount		 ($ 0.6) $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 ($ 0.6) $ 0.0
Average Rate 1.3263 0.0000 0.0000 0.0000 0.0000 0.0000 1.3263
Contract Amount $ 11,283.5 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 11,283.5 ($ 2,040.1)