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TO P.07 FEB-27-1997 14:34 FROM QLIA E.0. 123$6: N/A SUBJECT: EDMOND SAFRA AND AMERICAN EXPRESS MY ATTENTION HAS BEEN DRAWN TO THE FACT THAT SOME PEOPLE ACTING ON BEHALF OF AMERICAN EXPRESS STARTED AN UNATHORIZED AND SCANDOLOUS ACTION IN THE MEDIA TO SLANDER YOU AND THE REPUBLIC NATIONAL BANK OF NEW YORK. I RECENTLY TOOK NOTICE OF THE ARTICLES WHICH APPEARED IN DIFFERENT PARTS OF THE HORLD FOLLOWING THIS. CAMPAIGN, AND I CONSIDER THEM FALSE AND DEFAMATORY. THIS ENTIRE AFFAIR SADDENS ME PERSONALLY. THIS WHOLE THING IS TOTALLY AGAINST AMERICAN EXPRESS PRINCIPLES, AND AT THE SAME TIME AGAINST ALL b2 USUAL NORMS OF MORALITY AND DECENCY. IF I BELIEVE IN VIGOROUS COMPETITION, THERE IS NO PLACE WHATSOEVER FOR ACTIONS THAT WOULD CAUSE UNJUSTIFIED DAMAGE TO A COMPETITOR. I WISH TO ORgAnIzAtIOn. I HAVE TAKEN THE NECESSARY MEASURES TO GUARANTEE %96 P.07 27-02-1997 20:35