Environment

Steve: I want to thank you for recently creating the new Environment Health
& Safety division. I think the reorganization and dedicated focus will
benefit the entire company. I know that in the past I was often critical of
the previous situation, and while I didn't necessarily enjoy complaining
about it I thought it was important to show you the inefficiencies of what we
were experiencing.

But what a difference Mike has made! In just a few weeks he has met on an
individual and group basis with key people involved in "environmental"
issues. He appears organized, and is doing a great job at sifting through
the issues and prioritizing them. He seems genuinley interested in working
with us as a team to develop goals and is enthusiastic and supportive of our
ideas and suggestions.

We had a Clean Air Act meeting in DC this week which was well attended by our
commercial people. The Environment Health & Safety Council also met
yesterday and I think finally, this group will do more than just talk.
Everyone was very excited at the end of the day.

Having said all of that, I also want to share some news with you. Ed
Baughman and Greg Woulfe asked me to join the emissions desk and yesterday I
accepted the mid-marketer position which will report to Ed. The timing is a
little ironic, given the changes you just implemented but I am looking
forward to some much-needed commercial experience.

Without getting too sentimental, I want you to know that I have really
enjoyed working for you and Rick. I had no idea what I was getting myself
into three years ago but it has turned out to be a very positive experience.
Both of you are the architects of a valuable, powerful and exciting Govt.
Affairs group. What I will remember and appreciate most is the diverse,
talented and respectful group of individuals that you have hired these past
few years. Everyone has been a pleasure to work with. But most of all, you
and Rick have challenged me, encouraged me and given me the freedom to learn
about an industry that I knew nothing about three years ago. Thank you for
taking a chance on me and making me a part of Enron.

I know that I will be equally challenged as a mid-marketer and hopefully, if
I crater, you and Rick will let me move back home. Thanks again for
everything.