GDM Organizational Announcement

We are pleased to announce the following organization changes within Enron
North America (ENA).

Effective Monday, October 29, 2000, Connie Sutton joined Strategic
Information Management. Connie will be responsible for analyzing and
recommending business process changes as they relate to Risk. Connie will
report directly to Joel Henenberg.

Effective Wednesday, November 1, 2000, Kim Theriot, along with her current
responsibilities in ENA, has assumed the additional responsibilities for
off-system Natural Gas Global Contracts, Financial Contracts and Global
Facilities. Linda Bryan, Manager of Global Contracts and Global Facilities,
along with Financial Contracts will report to Kim.

Karen Lambert will continue to support Global EnronOnline reporting to Steve
Venturatos.

Mike Eiben will assume the additional responsibilities of Manager of Global
Rates reporting to Steve Venturatos. Mike will also continue in his current
role of Manager of HPL-related Global Contracts and Global Facilities,
reporting to Leslie Reeves and HPL related Regulatory Reporting and Unify
System Enhancements reporting to Bob Hall.

Steve Venturatos will remain responsible for the Global portion of
EnronOnline, Global Rates and Global Outsourcing groups.