Staff Meetings

Same time, same place -- just not as often!

I would like to maintain management team meetings on Monday afternoons from
2:30 to 3:30 in EB3014. My plan is to alternate weeks for ENA and EGM
meetings. There are a few direct reports, whose work extends across ENA and
EGM, who will attend both meetings. Today was the ENA Management Team
meeting. Next Monday, August 28 will be the first meeting with the EGM
management team. I will look forward to staying current with each one of you
and Brent on the growth and challenges of the businesses within Enron Global
Markets.

I have asked Patti to cancel one-on-one meetings that we had scheduled on the
calendar going forward. Although this new structure changes the direct line
reporting relationship, I will continue to be very interested in the
professional development of each of you. I hope that we can schedule time
together on an as needed basis.