FAB Final LOU March-26-2003.FNL.docVIP

March27,2003Mr.TomIseghohiExecutiveVicePresidentAmericanExpressCompany200VeseyStreetNewYork,NY10285DearMr.Iseghohi:WeenjoyedourrecentmeetingconcerningFinanceasaBusiness(FAB)anddiscussingourproposedCapGeminiErnstYoungU.S.LLC(CGEY)involvementincreatingaFABbusinessplan.Weappreciatethetimeyouandyourteamallottedtous,andweareexcitedaboutexploringthepotentialbenefitsofanAXP/CGEYventureintoFAB.Thislett...