.November , 1995Mr. Rubin J. McDougal Director of Financial Planning& Business Development Whirlpool Asia460 Alexandra Road#18-00 PSA BuildingSingapore 0511Dear Mr. McDougal,It was a pleasure meeting with you to discuss your plans to improve the financial reporting system of Shenzhen Whirlpool Raybo Air-conditioner Industrial Company Limited (Raybo), a joint venture to be established in Shenzhen, the Peoples Republic of China (the PRC) between Wh
