We are pleased to announce that Cliff Baxter has been named Vice Chairman of 
Enron Corp.
  
Cliff joined Enron in 1991 and has served in a variety of leadership 
positions in Enron Corp. as well as Enron,s wholesale business, including Sr. 
Vice President of Corporate Development for Enron Corp., Chairman and CEO of 
Enron North America, and Chief Strategy Officer for Enron Corp.
 
In his new role, Cliff will focus on the strategic repositioning of the 
company as we continue to increase our return on invested capital.  
Initially, much of that activity will center on the disposition of certain 
assets.  Cliff,s leadership and experience at both the corporate and 
operating company levels will enable him to lead the effort on this 
company-wide priority.  

Please join us in congratulating and supporting Cliff in his new role.