Ranking Associates & Analysts for the PRC YE2000

Terri Bosien, HR Rep for Associate/ Analyst Program, said the
Analyst/Associates will be ranked based on their tenure in the same manner
they were ranked last year.
Please see the information below
Thanks, hgm

---------------------- Forwarded by Norma Villarreal/HOU/ECT on 11/17/2000
05:50 PM ---------------------------

Teresa Bosien@ENRON
11/17/2000 05:50 PM
To: Norma Villarreal/HOU/ECT@ECT
cc:
Subject: A/A Levels

The analyst and associate ratings will be cross-calibrated by tenure as of
10/1/00 at the meeting as follows:
Associates:
Level 1: 0 to 6 months
Level 2: 7 to 12 months
Levels 3 & 4 will be reviewed together: 13 months+.
Analysts:
Level 1: 0 to 6 months
Level 2: 7 to 12 months
Level 3: 13 to 24 months
Level 4 and 5 will be reviewed together: 25 months+