Document 77Bnwp6yM59NOjJjk0JRxqKV

To: 'Russell White' <whiter@api.org>; stephen.m.bowes@exxonmobil.com <stephen. m. bowes@exxonmobil.com> From: Cagen, Stuart Z SHLOIL-SHOIL-SHS </O=SHE LUOU=MSXSCC/CN=RE CI PI ENTS/CN=SC724012> Cc: Bcc: Received Date: 2007-06-03 17:07:30 GMT Subject: RE: Shanghai Health Study budget Russ: Thanks. Let's talk as soon as it makes sense (... After the new contracts with Cinpathogen and UofC are done, we should discuss how to change the spreadsheets going forward ) Stuart Stuart Cagen, Ph.D. Senior Toxicologist Shell Health Services One Shell Plaza 910 Louisiana Street Houston, Texas 77002 Telephone: 1-713-241-1407 Fax: 1-713-241-1596 Mobile: 1-832-646-3987 email: stuart.cagen@shell.com -----Original Message----From: Russell White [mailto:whiter@api.org] Sent: Sunday, June 03,200711 :38 AM To: Cagen, Stuart Z SHLOIL-SHOIL-SHS; stephen.m.bowes@exxonmobil.com Cc: BenzConsort-OC @listserve. api. org Subject: Shanghai Health Study budget Steve & Stuart, Attached is the almost finished DRAFT of the 1Q07 Shanghai budget. Robin is adding details about the invoice payments, but the guts of it are done. The key facts to point out are: 1) the spreadsheet continues to agree with the official books at API on the amount of money in the bank. 2) subtracting the advanced payment from BP last year, the SHS would have been on tract to come in below budget (-$970,000) at the end of 2007. Most of that money is in the Contingency (-$650,000) and API ($400,000) line items. After the new contracts with Cinpathogen and UofC are done, we should discuss how to change the spreadsheets going forward. (I would like to simplify this time consuming activity down to the essential data that people use to make decisions.) > SH ELL-MCCLU RG-065005 Russell White Regulatory and Scientific Affairs American Petroleum Institute 1220 L Street NW Washington, DC 20005-4070 Tel: 202-682-8344 Fax: 202-682-8270 Attachments: Cagen, Stuart Z SHLOIL-SHOIL-SHS.vcf SH ELL-MCCLU RG-065006