We would like to take this opportunity to thank everyone who took the time to 
respond to the Pulse survey conducted in October.  Your feedback is very much 
appreciated.
The survey helps identify inhibitors that keep you from accomplishing your 
job, while helping us assess the company,s progress toward removing barriers 
that keep employees from achieving their personal best.
Out of the 2,299 ENA/EGM/EIM employees invited to participate in the survey, 
1,478, or 64% responded.  Enron uses an outside firm, Watson Wyatt, to 
tabulate data and report results.  A synopsis of what we heard from you has 
been added to our intranet site.  The site address is 
http://home.ena.enron.com/pulse/.
Our Strengths

Strengths are based on the highest percentages of favorable responses to 
survey questions: 

 * Employees are satisfied with their benefits     87%
 * Employees can believe information from top management   78%
 * Employees would recommend ENA/EGM/EIM as a good place to work 78%
 * Supervisors/Managers treat their employees fairly    76% 
 * Supervisors/Managers encourage teamwork     73%
 * People are treated with respect       72%
 * ENA/EGM/EIM is well managed       72%

Improvement Opportunities

Improvement opportunities are based on the lowest percentages of favorable 
responses to survey questions:

 * Communication/Information Flow       35%
 * Information Technology        32%
 * Workload          26%

We are pleased with these results because they exhibit a strong belief in 
Enron,s core values of Respect, Integrity, Communication and Excellence.  
These results are indicative of the quality of our employees at all levels.

The Pulse survey enables us to focus on real issues affecting each employee.  
We will evaluate these results and consider remedies to the inhibitors that 
affect us on a daily basis.  Your ideas are welcomed and we will be seeking 
your input.  Great strides have been made since the first survey in 1996, and 
we intend to continue in this vein.  

Please plan to take part in future surveys, which will continue providing 
valuable information to help build a successful organization.  Again, thank 
you for your input.