Japan Weekly Update

In order to provide the appropriate degree of coordination and feedback, we
will begin to have weekly conference calls regarding progress towards putting
in place Enron Japan. These will commence this week and run each week until
further notice. If you are unable to attend please send a representative.
The call will be conducted as below:

Houston Thursday 4pm
London Thursday 10pm
Tokyo Friday 7am
Sydney Friday 9am

A call in number will be provided later this week as well as a meeting room
for those in Houston. I have also added a summary sheet that I would ask all
to fill out and send in the day before the meeting. By sticking to this
general summary form (1 page), we will be handle to keep the calls brief and
to the point. I would not expect the calls to last more than 1 hour.

regards,

Joe