UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                     FORM 3
            INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
       Section 17(a) of the Public Utility Holding Company Act of 1935 or
               Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
    The Goldman Sachs Group, Inc.
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   (Last)               (First)                 (Middle)
    85 Broad Street
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                                    (Street)
    New York,                        New York                      10004
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   (City)                           (State)                       (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
    December 31, 2002
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3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
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4. Issuer Name and Ticker or Trading Symbol
    Equinix, Inc.
    (EQIXD)
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5. Relationship of Reporting Person(s) to Issuer
   (Check all applicable)
   [   ]   Director                             [ X ]   10% Owner
   [   ]   Officer (give title below)           [   ]   Other (specify below)
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6. If Amendment, Date of Original (Month/Year)
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7. Individual or Joint/Group Filing  (Check applicable line)
   [   ] Form Filed by One Reporting Person
   [ X ] Form Filed by More than One Reporting Person
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                                Table I -- Non-Derivative Securities Beneficially Owned                                            |
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                              |                                |                     |                                             |
                              |                                |                     |                                             |
                              |                                | 3. Ownership Form:  |                                             |
                              |       2. Amount of Securities  |    Direct (D) or    |                                             |
1. Title of Security          |          Beneficially Owned    |    Indirect (I)     | 4. Nature of Indirect Beneficial Ownership  |
   (Instr. 4)                 |          (Instr. 4)            |    (Instr. 5)       |    (Instr.5)                                |
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                              |                                |                     |                                             |
Common Stock                  |              (01)              |          (01)       |                    (01)                     |
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Reminder: Report on a separate line for each class of securities beneficially
          owned directly or indirectly.
*If the form is filed by more than one  Reporting  Person,  see  Instruction
 5(b)(v).
FORM 3 (continued)
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                                  Table II -- Derivative Securities Beneficially Owned                                             |
                             (e.g., puts, calls, warrants, options, convertible securities)                                        |
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                        |                       |                                      |              |               |            |
                        |                       |                                      |              | 5. Owner-     |            |
                        |                       |   3. Title and Amount of Securities  |              |    ship       |            |
                        |                       |      Underlying Derivative Security  |              |    Form of    |            |
                        |2. Date Exercisable    |      (Instr. 4)                      |              |    Derivative |            |
                        |   and Expiration Date |   ---------------------------------  | 4. Conver-   |    Security:  |            |
                        |   (Month/Day/Year)    |                       |  Amount      |    sion or   |    Direct     |6.Nature of |
                        |---------------------- |                       |  or          |    Exercise  |    (D) or     |  Indirect  |
                        |Date      |Expira-     |                       |  Number      |    Price of  |    Indirect   |  Beneficial|
1. Title of Derivative  |Exer-     |tion        |                       |  of          |    Derivative|    (I)        |  Ownership |
   Security (Instr. 4)  |cisable   |Date        |   Title               |  Shares      |    Security  |    (Instr.5)  |  (Instr. 5)|
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                        |          |            |                       |              |              |               |            |
                        |          |            |                       |              |              |               |            |
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Instruction 5(b)(v) list of other Reporting Persons:
This  statement is being filed by The Goldman  Sachs Group,  Inc.  ("GS Group"),
Goldman,  Sachs & Co. ("Goldman  Sachs"),  GS Capital Partners 2000, L.P. ("GSCP
2000"),  GS Capital  Partners 2000 Offshore,  L.P.  ("GSCP 2000  Offshore"),  GS
Capital  Partners  2000 GmbH & Co.  Beteiligungs  KG ("GSCP 2000  Germany"),  GS
Capital Partners 2000 Employee Fund, L.P. ("GSCP Employee  2000"),  Stone Street
Fund 2000, L.P. ("Stone 2000"), GS Special  Opportunities (Asia) Fund, L.P. ("GS
Asia"),  GS  Special   Opportunities   (Asia)  Offshore  Fund,  L.P.  ("GS  Asia
Offshore"),  Whitehall Street Real Estate Limited  Partnership XIII ("WH XIII"),
Whitehall  Parallel Real Estate Limited  Partnership  XIII ("WH Parallel XIII"),
Stone Street Asia Fund, L.P. ("Stone Asia"), Stone Street Real Estate Fund 2000,
L.P. ("Stone Real Estate 2000" and, together with GSCP 2000, GSCP 2000 Offshore,
GSCP 2000 Germany, GSCP Employee 2000, Stone 2000, GS Asia, GS Asia Offshore, WH
XIII, WH Parallel XIII, and Stone Asia, the "Investing  Entities"),  GS Advisors
2000,  L.L.C.  ("GS Advisors"),  Goldman,  Sachs Management GP GmbH ("GS GmbH"),
Goldman,  Sachs & Co. oHG ("GS oHG"),  GS Employee  Funds 2000 GP,  L.L.C.  ("GS
Employee 2000 LLC"),  Stone Street 2000, L.L.C.  ("Stone GP"), GSSO (Asia),  LLC
("GSSO Asia"),  GSSO (Asia)  Offshore,  LLC ("GSSO  Offshore LLC"), WH Advisors,
L.L.C.  XIII ("WH Advisors"),  WH Parallel  Advisors,  L.L.C. XIII ("WH Parallel
Advisors"),  Stone Street Asia,  L.L.C.  ("Stone Asia GP") and Stone Street 2000
Realty,  L.L.C. ("Stone 2000 Realty" and, together with GS Group, Goldman Sachs,
the  Investing  Entities,  GS Advisors,  GS GmbH,  GS oHG, GS Employee 2000 LLC,
Stone GP, GSSO Asia, GSSO Offshore LLC, WH Advisors,  WH Parallel Advisors,  and
Stone Asia GP, the "Reporting Persons").  The principal business address of each
Reporting  Person (other than GSCP 2000 Offshore,  GS Asia  Offshore,  GSCP 2000
Germany,  GS GmbH  and GS oHG) is 85 Broad  Street,  New  York,  NY  10004.  The
principal  business  address for each of GSCP 2000 Offshore and GS Asia Offshore
is c/o M&C  Corporate  Services  Limited,  P.O. Box 309,  Grand  Cayman,  Cayman
Islands.  The principal business address for each of GSCP 2000 Germany,  GS GmbH
and GS oHG is MesseTurm, 60308 Frankfurt am Main, Germany.
Explanation of Responses:
(01) GS Group and Goldman Sachs may be deemed to beneficially  own indirectly in
the aggregate 1,042,799 shares of Common Stock through the Investing Entities.
Affiliates  of Goldman  Sachs and GS Group are the general  partners or managing
partners of the Investing  Entities.  Goldman Sachs is an indirect  wholly-owned
subsidiary  of GS Group.  Goldman  Sachs and GS Group each  disclaim  beneficial
ownership of the shares of Common Stock owned by the Investing  Entities  except
to the extent of their pecuniary interest therein.
GSCP 2000 beneficially owns directly and its general partner,  GS Advisors,  may
be deemed to  beneficially  own indirectly  287,500  shares of Common Stock.  GS
Advisors disclaims beneficial ownership of the securities reported herein except
to the extent of its pecuniary interest therein.
GSCP 2000  Offshore  beneficially  owns  directly  and its general  partner,  GS
Advisors,  may be deemed to beneficially own indirectly 104,466 shares of Common
Stock. GS Advisors  disclaims  beneficial  ownership of the securities  reported
herein except to the extent of its pecuniary interest therein.
GSCP 2000 Germany  beneficially owns directly and its managing partner, GS GmbH,
and GS oHG, the sole  stockholder of GS GmbH, may be deemed to beneficially  own
indirectly  12,017 shares of Common Stock.  Each of GS GmbH and GS oHG disclaims
beneficial  ownership of the securities  reported herein except to the extent of
its pecuniary interest therein.
GSCP  Employee  2000  beneficially  owns  directly and its general  partner,  GS
Employee 2000 LLC, may be deemed to beneficially own indirectly 91,347 shares of
Common  Stock.  GS  Employee  2000 LLC  disclaims  beneficial  ownership  of the
securities  reported  herein  except  to the  extent of its  pecuniary  interest
therein.
Stone 2000 beneficially owns directly and its general partner,  Stone GP, may be
deemed to beneficially  own indirectly  26,070 shares of Common Stock.  Stone GP
disclaims  beneficial  ownership of the securities reported herein except to the
extent of its pecuniary interest therein.
GS Asia  beneficially  owns directly and its general partner,  GSSO Asia, may be
deemed to beneficially own indirectly  147,688 shares of Common Stock. GSSO Asia
disclaims  beneficial  ownership of the securities reported herein except to the
extent of its pecuniary interest therein.
GS Asia  Offshore  beneficially  owns  directly  and its general  partner,  GSSO
Offshore LLC, may be deemed to  beneficially  own  indirectly  107,668 shares of
Common Stock. GSSO Offshore LLC disclaims beneficial ownership of the securities
reported herein except to the extent of its pecuniary interest therein.
WH XIII beneficially owns directly and its general partner, WH Advisors,  may be
deemed to  beneficially  own  indirectly  173,943  shares of  Common  Stock.  WH
Advisors disclaims beneficial ownership of the securities reported herein except
to the extent of its pecuniary interest therein.
WH Parallel XIII beneficially owns directly and its general partner, WH Parallel
Advisors,  may be deemed to beneficially own indirectly  60,687 shares of Common
Stock. WH Parallel  Advisors  disclaims  beneficial  ownership of the securities
reported herein except to the extent of its pecuniary interest therein.
Stone Asia  beneficially  owns directly and its general partner,  Stone Asia GP,
may be deemed to beneficially own indirectly 5,343 shares of Common Stock. Stone
Asia GP disclaims  beneficial ownership of the securities reported herein except
to the extent of its pecuniary interest therein.
Stone Real Estate 2000 beneficially owns directly and its general partner, Stone
2000 Realty,  may be deemed to  beneficially  own  indirectly  26,070  shares of
Common Stock. Stone 2000 Realty disclaims beneficial ownership of the securities
reported herein except to the extent of its pecuniary interest therein.
**Signatures:
THE GOLDMAN SACHS GROUP, INC.             GOLDMAN, SACHS & CO.
By: s/ Roger S. Begelman                  By: s/ Roger S. Begelman
- ---------------------------------         ---------------------------------
Name:  Roger S. Begelman                  Name:  Roger S. Begelman
Title: Attorney-in-fact                   Title: Attorney-in-fact
GS CAPITAL PARTNERS 2000, L.P.            GS ADVISORS 2000, L.L.C.
By: s/ Roger S. Begelman                  By: s/ Roger S. Begelman
- ---------------------------------         ---------------------------------
Name:  Roger S. Begelman                  Name:  Roger S. Begelman
Title: Attorney-in-fact                   Title: Attorney-in-fact
GS CAPITAL PARTNERS 2000 OFFSHORE, L.P.   GS CAPITAL PARTNERS 2000 EMPLOYEE
                                          FUND, L.P.
By: s/ Roger S. Begelman                  By: s/ Roger S. Begelman
- ---------------------------------         ---------------------------------
Name:  Roger S. Begelman                  Name:  Roger S. Begelman
Title: Attorney-in-fact                   Title: Attorney-in-fact
GS EMPLOYEE FUNDS 2000 GP, L.L.C.         GS CAPITAL PARTNERS 2000 GMBH & CO.
                                          BETEILIGUNGS KG
By: s/ Roger S. Begelman                  By: s/ Roger S. Begelman
- ---------------------------------         ---------------------------------
Name:  Roger S. Begelman                  Name:  Roger S. Begelman
Title: Attorney-in-fact                   Title: Attorney-in-fact
GOLDMAN, SACHS MANAGEMENT GP GMBH         GOLDMAN, SACHS & CO. OHG
By: s/ Roger S. Begelman                  By: s/ Roger S. Begelman
- ---------------------------------         ---------------------------------
Name:  Roger S. Begelman                  Name:  Roger S. Begelman
Title: Attorney-in-fact                   Title: Attorney-in-fact
STONE STREET FUND 2000, L.P.              STONE STREET 2000, L.L.C.
By: s/ Roger S. Begelman                  By: s/ Roger S. Begelman
- ---------------------------------         ---------------------------------
Name:  Roger S. Begelman                  Name:  Roger S. Begelman
Title: Attorney-in-fact                   Title: Attorney-in-fact
GS SPECIAL OPPORTUNITIES (ASIA)           GSSO (ASIA), LLC
FUND, L.P.
By: s/ Roger S. Begelman                  By: s/ Roger S. Begelman
- ---------------------------------         ---------------------------------
Name:  Roger S. Begelman                  Name:  Roger S. Begelman
Title: Attorney-in-fact                   Title: Attorney-in-fact
GS SPECIAL OPPORTUNITIES (ASIA)           GSSO (ASIA) OFFSHORE, LLC
OFFSHORE FUND, L.P.
By: s/ Roger S. Begelman                  By: s/ Roger S. Begelman
- ---------------------------------         ---------------------------------
Name:  Roger S. Begelman                  Name:  Roger S. Begelman
Title: Attorney-in-fact                   Title: Attorney-in-fact
WHITEHALL STREET REAL ESTATE              WH ADVISORS, L.L.C. XIII
LIMITED PARTNERSHIP XIII
By: s/ Roger S. Begelman                  By: s/ Roger S. Begelman
- ---------------------------------         ---------------------------------
Name:  Roger S. Begelman                  Name:  Roger S. Begelman
Title: Attorney-in-fact                   Title: Attorney-in-fact
WHITEHALL PARALLEL REAL ESTATE            WH PARALLEL ADVISORS, L.L.C. XIII
LIMITED PARTNERSHIP XIII
By: s/ Roger S. Begelman                  By: s/ Roger S. Begelman
- ---------------------------------         ---------------------------------
Name:  Roger S. Begelman                  Name:  Roger S. Begelman
Title: Attorney-in-fact                   Title: Attorney-in-fact
STONE STREET ASIA FUND, L.P.              STONE STREET ASIA, L.L.C.
By: s/ Roger S. Begelman                  By: s/ Roger S. Begelman
- ---------------------------------         ---------------------------------
Name:  Roger S. Begelman                  Name:  Roger S. Begelman
Title: Attorney-in-fact                   Title: Attorney-in-fact
STONE STREET REAL ESTATE                  STONE STREET 2000 REALTY, L.L.C.
FUND 2000, L.P.
By: s/ Roger S. Begelman                  By: s/ Roger S. Begelman
- ---------------------------------         ---------------------------------
Name:  Roger S. Begelman                  Name:  Roger S. Begelman
Title: Attorney-in-fact                   Title: Attorney-in-fact
Date:  January 10, 2003
**   Intentional misstatements or omissions of facts constitute Federal Criminal
     Violations.
     See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:  File three copies of this Form, one of which must be manually signed.
       If space provided is insufficient, See Instruction 6 for procedure.
       Alternatively,   this  form  is  permitted  to  be  submitted  to  the
       Commission in electronic format at the option of the reporting person
       pursuant to Rule 101(b)(4) of Regulation S-T.
                                POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE  PRESENTS  that THE GOLDMAN  SACHS  GROUP,  INC.  (the
"Company")  does hereby make,  constitute and appoint each of Roger S. Begelman,
Edward T. Joel, Saskia  Brookfield  Martin and Susan P. Goddard,  (and any other
employee of The Goldman Sachs Group, Inc. or one of its affiliates designated in
writing  by one of the  attorneys-in-fact),  acting  individually,  its true and
lawful  attorney,  to execute and deliver in its name and on its behalf  whether
the Company is acting  individually or as representative of others,  any and all
filings required to be made by the Company under the Securities  Exchange Act of
1934, (as amended, the "Act"), with respect to securities which may be deemed to
be  beneficially  owned by the Company  under the Act,  giving and granting unto
each said  attorney-in-fact  power and authority to act in the premises as fully
and to all intents and purposes as the Company  might or could do if  personally
present by one of its authorized  signatories,  hereby  ratifying and confirming
all that said  attorney-in-fact  shall lawfully do or cause to be done by virtue
hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
January 6, 2003.
THE GOLDMAN SACHS GROUP, INC.
By: s/ Gregory K. Palm
- ------------------------------------------------------
Name:  GREGORY K. PALM
Title: Executive Vice President and General Counsel
                                POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE  PRESENTS  that GOLDMAN,  SACHS & CO. (the  "Company")
does hereby make,  constitute and appoint each of Roger S.  Begelman,  Edward T.
Joel, Saskia Brookfield Martin and Susan P. Goddard,  (and any other employee of
The Goldman Sachs Group, Inc. or one of its affiliates  designated in writing by
one  of  the  attorneys-in-fact),  acting  individually,  its  true  and  lawful
attorney,  to execute  and  deliver in its name and on its  behalf  whether  the
Company is acting  individually  or as  representative  of  others,  any and all
filings required to be made by the Company under the Securities  Exchange Act of
1934, (as amended, the "Act"), with respect to securities which may be deemed to
be  beneficially  owned by the Company  under the Act,  giving and granting unto
each said  attorney-in-fact  power and authority to act in the premises as fully
and to all intents and purposes as the Company  might or could do if  personally
present by one of its authorized  signatories,  hereby  ratifying and confirming
all that said  attorney-in-fact  shall lawfully do or cause to be done by virtue
hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
January 6, 2003.
GOLDMAN, SACHS & CO.
By: s/ Gregory K. Palm
    -------------------------------
Name:  GREGORY K. PALM
Title: Managing Director
                               POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE  PRESENTS  that GS CAPITAL  PARTNERS  2000,  L.P. (the
"Company")  does hereby make,  constitute  and appoint each of Hans L. Reich and
Roger S. Begelman, acting individually, its true and lawful attorney, to execute
and  deliver  in its  name and on its  behalf  whether  the  Company  is  acting
individually or as representative of others,  any and all filings required to be
made by the  Company  under the  Securities  Exchange  Act of 1934,  as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
December 20, 2000.
GS CAPITAL PARTNERS 2000, L.P.
By:  GS Advisors 2000, L.L.C.
By: s/ John E. Bowman
- ------------------------------
JOHN E. BOWMAN, Vice President
                                POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS that GS CAPITAL PARTNERS 2000 OFFSHORE,  L.P.
(the  "Company)  does hereby make,  constitute and appoint each of Hans L. Reich
and Roger S. Begelman,  acting  individually,  its true and lawful attorney,  to
execute and deliver in its name and on its behalf  whether the Company is acting
individually or as representative of others,  any and all filings required to be
made by the  Company  under the  Securities  Exchange  Act of 1934,  as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
December 20, 2000.
GS CAPITAL PARTNERS 2000 OFFSHORE, L.P.
By:  GS Advisors 2000, L.L.C.
By: s/ John E. Bowman
- --------------------------------
JOHN E. BOWMAN, Vice President
                                POWER OF ATTORNEY
KNOW ALL  PERSONS BY THESE  PRESENTS  that GS CAPITAL  PARTNERS  2000 GMBH & CO.
BETEILIGUNGS KG (the "Company") does hereby make, constitute and appoint each of
Hans L. Reich and Roger S. Begelman,  acting  individually,  its true and lawful
attorney,  to execute  and  deliver in its name and on its  behalf  whether  the
Company is acting  individually  or as  representative  of  others,  any and all
filings required to be made by the Company under the Securities  Exchange Act of
1934, as amended,  giving and granting unto each said attorney-in-fact power and
authority to act in the premises as fully and to all intents and purposes as the
Company  might  or  could  do if  personally  present  by one of its  authorized
signatories,  hereby  ratifying and  confirming  all that said  attorney-in-fact
shall lawfully do or cause to be done by virtue hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
December 20, 2000.
GS CAPITAL PARTNERS 2000 GMBH & CO. BETEILIGUNGS KG
By:  Goldman Sachs Management GP GmbH
By: s/ John E. Bowman
- -----------------------------------
JOHN E. BOWMAN, Managing Director
                                POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS that GS CAPITAL  PARTNERS 2000 EMPLOYEE FUND,
L.P. (the  "Company")  does hereby make,  constitute and appoint each of Hans L.
Reich and Roger S. Begelman, acting individually,  its true and lawful attorney,
to execute  and  deliver in its name and on its behalf  whether  the  Company is
acting individually or as representative of others, any and all filings required
to be made by the Company under the Securities Exchange Act of 1934, as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
December 20, 2000.
GS CAPITAL PARTNERS 2000 EMPLOYEE FUND, L.P.
By:  GS Employee Funds 2000 GP, L.L.C.
By: s/ John E. Bowman
- ---------------------------------
JOHN E. BOWMAN, Vice President
                                POWER OF ATTORNEY
KNOW ALL  PERSONS BY THESE  PRESENTS  that STONE  STREET  FUND 2000,  L.P.  (the
"Company")  does hereby make,  constitute  and appoint each of Hans L. Reich and
Roger S. Begelman, acting individually, its true and lawful attorney, to execute
and  deliver  in its  name and on its  behalf  whether  the  Company  is  acting
individually or as representative of others,  any and all filings required to be
made by the  Company  under the  Securities  Exchange  Act of 1934,  as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
March 20, 2000.
STONE STREET FUND 2000, L.P.
By: Stone Street 2000, L.L.C.
By: s/ Kaca B. Enquist
- ---------------------------------
Name:  Kaca B. Enquist
Title: Vice President
                                POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE  PRESENTS that GS SPECIAL  OPPORTUNITIES  (ASIA) FUND,
L.P. (the "Company")  does hereby make,  constitute and appoint each of Roger S.
Begelman,  Edward T. Joel, Saskia  Brookfield Martin and Susan P. Goddard,  (and
any other  employee of The Goldman  Sachs Group,  Inc. or one of its  affiliates
designated in writing by one of the attorneys-in-fact), acting individually, its
true and lawful  attorney,  to execute and deliver in its name and on its behalf
whether the Company is acting  individually or as representative of others,  any
and all filings required to be made by the Company under the Securities Exchange
Act of 1934,  as amended,  giving and granting  unto each said  attorney-in-fact
power and  authority  to act in the  premises  as fully and to all  intents  and
purposes as the Company  might or could do if  personally  present by one of its
authorized   signatories,   hereby   ratifying  and  confirming  all  that  said
attorney-in-fact shall lawfully do or cause to be done by virtue hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons  to whom  power of  attorney  has been  hereby  granted  ceases to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
January 8, 2003.
GS SPECIAL OPPORTUNITIES (ASIA) FUND, L.P.
By:  GSSO (Asia), LLC
s/ Steven M. Chaiken
- ---------------------------------------
STEVEN M. CHAIKEN
Assistant Secretary
                                POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS that GS SPECIAL OPPORTUNITIES (ASIA) OFFSHORE
FUND,  L.P. (the  "Company")  does hereby make,  constitute  and appoint each of
Roger S.  Begelman,  Edward  T.  Joel,  Saskia  Brookfield  Martin  and Susan P.
Goddard,  (and any other employee of The Goldman Sachs Group, Inc. or one of its
affiliates  designated  in  writing  by one of  the  attorneys-in-fact),  acting
individually,  its true and lawful attorney,  to execute and deliver in its name
and  on  its  behalf   whether  the  Company  is  acting   individually   or  as
representative of others, any and all filings required to be made by the Company
under the Securities Exchange Act of 1934, as amended,  giving and granting unto
each said  attorney-in-fact  power and authority to act in the premises as fully
and to all intents and purposes as the Company  might or could do if  personally
present by one of its authorized  signatories,  hereby  ratifying and confirming
all that said  attorney-in-fact  shall lawfully do or cause to be done by virtue
hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons  to whom  power of  attorney  has been  hereby  granted  ceases to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
January 8, 2003.
GS SPECIAL OPPORTUNITIES (ASIA) OFFSHORE FUND, L.P.
By:  GSSO (Asia) Offshore, LLC
s/ Steven M. Chaiken
- ---------------------------------------
STEVEN M. CHAIKEN
Assistant Secretary
                                POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE  PRESENTS that  WHITEHALL  STREET REAL ESTATE  LIMITED
PARTNERSHIP  XIII (the "Company") does hereby make,  constitute and appoint each
of Hans L. Reich and Roger S. Begelman, acting individually, its true and lawful
attorney,  to execute  and  deliver in its name and on its  behalf  whether  the
Company is acting  individually  or as  representative  of  others,  any and all
filings required to be made by the Company under the Securities  Exchange Act of
1934, as amended,  giving and granting unto each said attorney-in-fact power and
authority to act in the premises as fully and to all intents and purposes as the
Company  might  or  could  do if  personally  present  by one of its  authorized
signatories,  hereby  ratifying and  confirming  all that said  attorney-in-fact
shall lawfully do or cause to be done by virtue hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons  to whom  power of  attorney  has been  hereby  granted  ceases to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
February 8, 2000.
WHITEHALL STREET REAL ESTATE LIMITED PARTNERSHIP XIII
By:  WH ADVISORS, L.L.C. XIII
By: s/ Elizabeth Burban
- ----------------------------------
ELIZABETH BURBAN, Vice President
                                POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS that  WHITEHALL  PARALLEL REAL ESTATE LIMITED
PARTNERSHIP  XIII (the "Company") does hereby make,  constitute and appoint each
of Hans L. Reich and Roger S. Begelman, acting individually, its true and lawful
attorney,  to execute  and  deliver in its name and on its  behalf  whether  the
Company is acting  individually  or as  representative  of  others,  any and all
filings required to be made by the Company under the Securities  Exchange Act of
1934, as amended,  giving and granting unto each said attorney-in-fact power and
authority to act in the premises as fully and to all intents and purposes as the
Company  might  or  could  do if  personally  present  by one of its  authorized
signatories,  hereby  ratifying and  confirming  all that said  attorney-in-fact
shall lawfully do or cause to be done by virtue hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
February 8, 2000.
WHITEHALL PARALLEL REAL ESTATE LIMITED PARTNERSHIP XIII
By:  WH PARALLEL ADVISORS, L.L.C. XIII
By:  s/ Elizabeth Burban
- ------------------------------------------------------------
ELIZABETH BURBAN,  Vice President
                                POWER OF ATTORNEY
KNOW ALL  PERSONS BY THESE  PRESENTS  that STONE  STREET  ASIA FUND,  L.P.  (the
"Company")  does hereby make,  constitute and appoint each of Roger S. Begelman,
Edward T. Joel, Saskia  Brookfield  Martin and Susan P. Goddard,  (and any other
employee of The Goldman Sachs Group, Inc. or one of its affiliates designated in
writing  by one of the  attorneys-in-fact),  acting  individually,  its true and
lawful  attorney,  to execute and deliver in its name and on its behalf  whether
the Company is acting  individually or as representative of others,  any and all
filings required to be made by the Company under the Securities  Exchange Act of
1934, as amended,  giving and granting unto each said attorney-in-fact power and
authority to act in the premises as fully and to all intents and purposes as the
Company  might  or  could  do if  personally  present  by one of its  authorized
signatories,  hereby  ratifying and  confirming  all that said  attorney-in-fact
shall lawfully do or cause to be done by virtue hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons  to whom  power of  attorney  has been  hereby  granted  ceases to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
January 8, 2003.
STONE STREET ASIA FUND, L.P.
By:  Stone Street Asia, L.L.C.
s/ Steven M. Chaiken
- -----------------------------------------
STEVEN M. CHAIKEN
Vice President and Secretary
                                POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS that STONE STREET REAL ESTATE FUND 2000, L.P.
(the  "Company")  does hereby  make,  constitute  and  appoint  each of Roger S.
Begelman,  Edward T. Joel, Saskia  Brookfield Martin and Susan P. Goddard,  (and
any other  employee of The Goldman  Sachs Group,  Inc. or one of its  affiliates
designated in writing by one of the attorneys-in-fact), acting individually, its
true and lawful  attorney,  to execute and deliver in its name and on its behalf
whether the Company is acting  individually or as representative of others,  any
and all filings required to be made by the Company under the Securities Exchange
Act of 1934, (as amended,  the "Act"),  with respect to securities  which may be
deemed  to be  beneficially  owned by the  Company  under  the Act,  giving  and
granting  unto each said  attorney-in-fact  power  and  authority  to act in the
premises as fully and to all intents and purposes as the Company  might or could
do if personally present by one of its authorized signatories,  hereby ratifying
and confirming all that said  attorney-in-fact  shall lawfully do or cause to be
done by virtue hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
January 6, 2003.
STONE STREET REAL ESTATE FUND 2000, L.P.
By: Stone Street 2000 Realty, L.L.C.
By: s/ Teresa Tsai
- ------------------------------
TERESA TSAI, Vice President
                                POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS that GS ADVISORS 2000, L.L.C. (the "Company")
does hereby  make,  constitute  and  appoint  each of Hans L. Reich and Roger S.
Begelman,  acting  individually,  its true and lawful  attorney,  to execute and
deliver in its name and on its behalf whether the Company is acting individually
or as representative  of others,  any and all filings required to be made by the
Company  under the  Securities  Exchange  Act of 1934,  as  amended,  giving and
granting  unto each said  attorney-in-fact  power  and  authority  to act in the
premises as fully and to all intents and purposes as the Company  might or could
do if personally present by one of its authorized signatories,  hereby ratifying
and confirming all that said  attorney-in-fact  shall lawfully do or cause to be
done by virtue hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
December 20, 2000.
GS ADVISORS 2000, L.L.C.
By: s/ John E. Bowman
- -------------------------------
JOHN E. BOWMAN, Vice President
                                POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE  PRESENTS that GOLDMAN  SACHS  MANAGEMENT GP GMBH (the
"Company")  does hereby make,  constitute  and appoint each of Hans L. Reich and
Roger S. Begelman, acting individually, its true and lawful attorney, to execute
and  deliver  in its  name and on its  behalf  whether  the  Company  is  acting
individually or as representative of others,  any and all filings required to be
made by the  Company  under the  Securities  Exchange  Act of 1934,  as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
December 20, 2000.
GOLDMAN SACHS MANAGEMENT GP GMBH
By: s/ John E. Bowman
- -------------------------------------
JOHN E. BOWMAN, Managing Director
                                POWER OF ATTORNEY
KNOW  ALL  PERSONS  BY  THESE  PRESENTS  that  GOLDMAN,  SACHS & CO.  OHG,  (the
"Company")  does hereby make,  constitute  and appoint each of Hans L. Reich and
Roger S. Begelman, acting individually, its true and lawful attorney, to execute
and  deliver  in its  name and on its  behalf  whether  the  Company  is  acting
individually or as representative of others,  any and all filings required to be
made by the  Company  under the  Securities  Exchange  Act of 1934,  as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
March 28, 2000.
GOLDMAN, SACHS & CO. OHG
By:  s/ Andreas Kornlein
- ----------------------------------
Name:   Andreas Kornlein
Title:  Executive Director
By:  s/ Sabine Mock
- -----------------------------------
Name:   Sabine Mock
Title:  Executive Director
                                POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS that GS EMPLOYEE  FUNDS 2000 GP, L.L.C.  (the
"Company")  does hereby make,  constitute  and appoint each of Hans L. Reich and
Roger S. Begelman, acting individually, its true and lawful attorney, to execute
and  deliver  in its  name and on its  behalf  whether  the  Company  is  acting
individually or as representative of others,  any and all filings required to be
made by the  Company  under the  Securities  Exchange  Act of 1934,  as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
December 20, 2000.
GS EMPLOYEE FUNDS 2000 GP, L.L.C.
By: s/ John E. Bowman
- -----------------------------------
JOHN E. BOWMAN, Vice President
                                POWER OF ATTORNEY
KNOW ALL  PERSONS  BY  THESE  PRESENTS  that  STONE  STREET  2000,  L.L.C.  (the
"Company")  does hereby make,  constitute  and appoint each of Hans L. Reich and
Roger S. Begelman, acting individually, its true and lawful attorney, to execute
and  deliver  in its  name and on its  behalf  whether  the  Company  is  acting
individually or as representative of others,  any and all filings required to be
made by the  Company  under the  Securities  Exchange  Act of 1934,  as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
March 20, 2000.
STONE STREET 2000, L.L.C.
By: s/ Kaca B. Enquist
- ---------------------------------
Name:  Kaca B. Enquist
Title: Vice President
                               POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS that GSSO (ASIA),  LLC (the  "Company")  does
hereby make,  constitute and appoint each of Roger S. Begelman,  Edward T. Joel,
Saskia  Brookfield  Martin and Susan P. Goddard,  (and any other employee of The
Goldman Sachs Group, Inc. or one of its affiliates  designated in writing by one
of the attorneys-in-fact), acting individually, its true and lawful attorney, to
execute and deliver in its name and on its behalf  whether the Company is acting
individually or as representative of others,  any and all filings required to be
made by the Company under the Securities Exchange Act of 1934, (as amended,  the
"Act"),  with respect to securities which may be deemed to be beneficially owned
by  the   Company   under  the  Act,   giving  and   granting   unto  each  said
attorney-in-fact  power and authority to act in the premises as fully and to all
intents and purposes as the Company might or could do if  personally  present by
one of its authorized signatories, hereby ratifying and confirming all that said
attorney-in-fact shall lawfully do or cause to be done by virtue hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
January 8, 2003.
GSSO (ASIA), LLC
By:  s/ Steven M. Chaiken
- -----------------------------------------------
Name:  STEVEN M. CHAIKEN
Title: Assistant Secretary
                                POWER OF ATTORNEY
KNOW  ALL  PERSONS  BY  THESE  PRESENTS  that  GSSO  (ASIA)  OFFSHORE,  LLC (the
"Company")  does hereby make,  constitute and appoint each of Roger S. Begelman,
Edward T. Joel, Saskia  Brookfield  Martin and Susan P. Goddard,  (and any other
employee of The Goldman Sachs Group, Inc. or one of its affiliates designated in
writing  by one of the  attorneys-in-fact),  acting  individually,  its true and
lawful  attorney,  to execute and deliver in its name and on its behalf  whether
the Company is acting  individually or as representative of others,  any and all
filings required to be made by the Company under the Securities  Exchange Act of
1934, (as amended, the "Act"), with respect to securities which may be deemed to
be  beneficially  owned by the Company  under the Act,  giving and granting unto
each said  attorney-in-fact  power and authority to act in the premises as fully
and to all intents and purposes as the Company  might or could do if  personally
present by one of its authorized  signatories,  hereby  ratifying and confirming
all that said  attorney-in-fact  shall lawfully do or cause to be done by virtue
hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
January 8, 2003.
GSSO (ASIA) OFFSHORE, LLC
By:  s/ Steven M. Chaiken
- -------------------------------------------------
Name:  STEVEN M. CHAIKEN
Title: Assistant Secretary
                                POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS that WH ADVISORS, L.L.C. XIII (the "Company")
does hereby make,  constitute and appoint each of Roger S.  Begelman,  Edward T.
Joel, Saskia Brookfield Martin and Susan P. Goddard,  (and any other employee of
The Goldman Sachs Group, Inc. or one of its affiliates  designated in writing by
one  of  the  attorneys-in-fact),  acting  individually,  its  true  and  lawful
attorney,  to execute  and  deliver in its name and on its  behalf  whether  the
Company is acting  individually  or as  representative  of  others,  any and all
filings required to be made by the Company under the Securities  Exchange Act of
1934, (as amended, the "Act"), with respect to securities which may be deemed to
be  beneficially  owned by the Company  under the Act,  giving and granting unto
each said  attorney-in-fact  power and authority to act in the premises as fully
and to all intents and purposes as the Company  might or could do if  personally
present by one of its authorized  signatories,  hereby  ratifying and confirming
all that said  attorney-in-fact  shall lawfully do or cause to be done by virtue
hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
January 9 , 2003.
WH ADVISORS, L.L.C. XIII
By:      s/ Teresa Tsai
- ----------------------------------
Name:    TERESA TSAI
Title:   Vice President
                                POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS that WH PARALLEL  ADVISORS,  L.L.C. XIII (the
"Company")  does hereby make,  constitute and appoint each of Roger S. Begelman,
Edward T. Joel, Saskia  Brookfield  Martin and Susan P. Goddard,  (and any other
employee of The Goldman Sachs Group, Inc. or one of its affiliates designated in
writing  by one of the  attorneys-in-fact),  acting  individually,  its true and
lawful  attorney,  to execute and deliver in its name and on its behalf  whether
the Company is acting  individually or as representative of others,  any and all
filings required to be made by the Company under the Securities  Exchange Act of
1934, (as amended, the "Act"), with respect to securities which may be deemed to
be  beneficially  owned by the Company  under the Act,  giving and granting unto
each said  attorney-in-fact  power and authority to act in the premises as fully
and to all intents and purposes as the Company  might or could do if  personally
present by one of its authorized  signatories,  hereby  ratifying and confirming
all that said  attorney-in-fact  shall lawfully do or cause to be done by virtue
hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
January 9 , 2003.
WH PARALLEL ADVISORS, L.L.C. XIII
By:      s/ Teresa Tsai
- ---------------------------------------
Name:    TERESA TSAI
Title:   Vice President
                                POWER OF ATTORNEY
KNOW ALL  PERSONS  BY  THESE  PRESENTS  that  STONE  STREET  ASIA,  L.L.C.  (the
"Company")  does hereby make,  constitute and appoint each of Roger S. Begelman,
Edward T. Joel, Saskia  Brookfield  Martin and Susan P. Goddard,  (and any other
employee of The Goldman Sachs Group, Inc. or one of its affiliates designated in
writing  by one of the  attorneys-in-fact),  acting  individually,  its true and
lawful  attorney,  to execute and deliver in its name and on its behalf  whether
the Company is acting  individually or as representative of others,  any and all
filings required to be made by the Company under the Securities  Exchange Act of
1934, (as amended, the "Act"), with respect to securities which may be deemed to
be  beneficially  owned by the Company  under the Act,  giving and granting unto
each said  attorney-in-fact  power and authority to act in the premises as fully
and to all intents and purposes as the Company  might or could do if  personally
present by one of its authorized  signatories,  hereby  ratifying and confirming
all that said  attorney-in-fact  shall lawfully do or cause to be done by virtue
hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
January 8, 2003.
STONE STREET ASIA, L.L.C.
By:  s/ Steven M. Chaiken
- -----------------------------------------------------
Name:  STEVEN M. CHAIKEN
Title: Vice President and Secretary
                                POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE  PRESENTS that STONE STREET 2000 REALTY,  L.L.C.  (the
"Company")  does hereby make,  constitute and appoint each of Roger S. Begelman,
Edward T. Joel, Saskia  Brookfield  Martin and Susan P. Goddard,  (and any other
employee of The Goldman Sachs Group, Inc. or one of its affiliates designated in
writing  by one of the  attorneys-in-fact),  acting  individually,  its true and
lawful  attorney,  to execute and deliver in its name and on its behalf  whether
the Company is acting  individually or as representative of others,  any and all
filings required to be made by the Company under the Securities  Exchange Act of
1934, (as amended, the "Act"), with respect to securities which may be deemed to
be  beneficially  owned by the Company  under the Act,  giving and granting unto
each said  attorney-in-fact  power and authority to act in the premises as fully
and to all intents and purposes as the Company  might or could do if  personally
present by one of its authorized  signatories,  hereby  ratifying and confirming
all that said  attorney-in-fact  shall lawfully do or cause to be done by virtue
hereof.
THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.
IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
January 6, 2003.
STONE STREET 2000 REALTY, L.L.C.
By: s/ Teresa Tsai
- ---------------------------------
TERESA TSAI, Vice President