Org Announcement - Enron Global Markets

After having conducted our first of several business reviews, Enron Global
Markets - Office of the Chairman would like to outline the following
organizational changes effective immediately.

The Global Risk Markets group under Jere Overdyke illustrates enormous
opportunities given the size of those businesses. To better focus on the
different commercial functions and to capture market share and value, the
group is being realigned. Jere will continue to manage Global Risk Markets
and build on our insurance capabilities. Mark Tawney is responsible for our
weather business and will now report to the EGM Office of the Chairman.

Brent Price will be joining Enron Global Markets as Vice President of
Operations and Chief Accounting Officer. He will report to the EGM Office of
the Chairman, and to Sally Beck, Vice President of Global Risk Management
Operations. In his role as Chief Accounting Officer, Brent will also report
to Rick Causey, Executive Vice President and Chief Accounting Officer for
Enron Corp. Reporting to Brent in his new position will be Sheila Glover,
business controller for Financial Products; Todd Hall, business controller
for weather; and Scott Earnest, business controller for global products and
coal. In addition, Tom Myers will join Brent's management team as Director
of Accounting. Brent and his team are responsible for all accounting, risk
reporting and trading operations for all the businesses within EGM.

Cindy Skinner will join the Enron Global Markets team with responsibility for
Human Resources. She will also report to David Oxley and the HR organization.

Please join us in congratulating everyone in their assignments.