Organizational Announcement

I am very pleased to announce that L.D. Stephens has accepted the position of
Account Director in the Business and Power Development group of the Northern
Natural Gas Marketing Division. L.D. has been with Enron for 18 years and
has held many positions from Field Technician to Field O&M Supervisor to
Regional Team Advisor. Most recently L.D. was a Sr. Facility Planner and had
primary accountability to provide planning support to the commercial
activities of the Business and Power Development team. L.D. has a B.S. in
Industrial Technology from Southwest Oklahoma State. He will be located in
Omaha and will manage a number of projects primarily in the area of on system
power development and ethanol market development.

Please join me in welcoming L.D. to our group.

Thank You.
John Dushinske