I have been asked to make a brief presentation at next Monday,s Executive 
Committee meeting addressing a new S.E.C. insider trading rule.  Although the 
new rule may increase exposure to liability for insider trading, certain 
provisions of the new rule may actually provide for greater flexibility in 
the timing of your personal trades in Enron Corp. common stock.  Attached is 
a short memo addressing our current Company procedures and policies for 
trading, the new S.E.C. rule, and some suggestions for alternatives that you 
may want to consider concerning your personal trades in Enron Corp. common 
stock.  If anyone wants to discuss the new rule and the trading alternatives 
provided by the new rule before next week,s meeting, please don,t hesitate to 
give me a call at 713-853-3069.  Thank you.

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