draft org announcement

Sally,
Below is a draft of the official organization announcement that will address
Brent and his team. I was unable to get this out earlier and am ready upon
your review. Please examine the Brent section and make sure that it is
correct and stated properly. Please send your comments back ASAP and I'll
get this out.

Thanks,
Mike

draft

After having conducted our first of several business reviews, we'd 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.
Still under consideration - The Enron Corporate Insurance group under Jim
Bouillion will now report into the corporate organization under George
Wasaff.

Brent Price will be joining Enron Global Markets as Vice President and Chief
Accounting Officer. He will report to the EGM Office of the Chairman, and to
Rick Causey, Executive Vice President and Chief Accounting Officer for Enron
Corp. He will be responsible to Sally Beck for the business operations areas
of the businesses. 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
liquids and coal. In addition, Tom Myers as Director of Accounting. Brent
and his team are responsible for all accounting and position reporting issues
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.