Peer Group Mapping

I saw your e-mail response. Did it go to Oxley too?
---------------------- Forwarded by Steven J Kean/NA/Enron on 05/24/2001
02:07 PM ---------------------------
From: David W Delainey@EES on 05/24/2001 01:26 PM
Sent by: Kay Chapman@EES
To: David W Delainey/HOU/EES, Philippe A Bibi/HOU/ECT, Tim Belden/HOU/ECT,
Raymond Bowen/HOU/ECT, Michael R Brown/LON/ECT@ECT, Rick
Buy/Enron@EnronXGate, Wes Colwell/Enron@EnronXGate, David Cox/Enron
Communications@Enron Communications, Janet R Dietrich/HOU/EES@EES, W David
Duran/HOU/ECT@ECT, Jim Fallon/Enron Communications@Enron Communications, Ben
Glisan/HOU/ECT@ECT, Joe Gold/LON/ECT@ECT, Mark E Haedicke/HOU/ECT@ECT, James
A Hughes/ENRON_DEVELOPMENT, Louise Kitchen/HOU/ECT@ECT, Michael
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McMahon/Enron@EnronXGate, Rob Milnthorp/CAL/ECT@ECT, Matthew
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cc: Kenneth Lay/Corp/Enron@ENRON, Cliff Baxter/HOU/ECT, James
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Communications, Andrew S Fastow/HOU/ECT, Mark Frevert/NA/Enron, Lou L
Pai/HOU/EES@EES, David Oxley/HOU/ECT, Drew C Lynch/LON/ECT@ECT, Robert W
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Subject: Peer Group Mapping

On May 10, 2001, a memo was sent out regarding "Peer Group Mapping". This
mapping is intended to illustrate from a functional view point where each
activity was placed at Year End 2000 VP PRC.

Please refer to the attached original memo, if you have not responded to
David Oxley and have any comments
please respond to him by May 25, 2001.

Dave Delainey

Following my note last week please find attached the consolidated peer group
mapping for all business units. This mapping is intended to illustrate from a
functional view point where each activity was placed at Year End 2000 VP PRC.

We were considering moving to a 3 Peer Group Structure however it as agreed
at the last PRC Committee Meeting to stay with the current structure since
the data had been cleaned and everyone felt generally comfortable where most
activities had been placed with the exception of just 2 or 3. It was agreed
that we should concentrate on resolving these rather than undertaking an
organization wide remapping excercise to consolidate to 3 Peer Groups. All
functions/activities within the business units should now be reflected on the
acttached.

The actions points from this excercise are:

1 to review and agree the attached mapping

2 consider and comment on highlighted groups that we have discussed in
previous PRC meetings and ask for your comments or objections to moving them
as indicated on the attachment.

3 invite your comments or questions on any other function that you consider
questionable or requiring further explanation.

Please return your comments to David Oxley by Friday May 25.

To have this discussion now will save lengthy discussions in the final
VP/MD PRC Meetings. Definitions of the peer groups are also attached for
your ease of
reference.