BUSINESS HIGHLIGHTS

US Natural Gas Teams
The US Natural Gas Marketing Originations Teams have had a successful 1Q 
2001.  In addition to Mid Market Activity led by Fred Lagrasta, new 
Origination Desk Heads and Marketing Teams have been set up across the US and 
are led by the following: West Gas Origination - Barry Tycholiz, Central Gas 
Origination - Laura Luce, East Gas Origination - Frank Vickers.  These teams 
have made significant inroads in 2001, focusing on Customer Coverage, New 
Accounts, Transportation Syndication, Risk Management Products and Market 
Intelligence.  All of these individuals are open to any questions regarding 
the new businesses.

Siebel Summary
EIM's ability to rapidly transform its designated forest products and steel 
markets is dependent upon its ability to effectively manage the market 
participants and accelerate their adoption of EIM's business strategy.  To 
achieve this objective, EIM will implement Siebel Sales Enterprise, a 
customer-focused centralized database that effectively leverages all 
information learned about our customers and enables sharing of this 
information throughout the front, mid and back offices.  Siebel is designed 
to help in-house and mobile sales professionals in large organizations manage 
accounts, contacts, activities and opportunities associated with the sales 
cycle.  EIM Fundamentals is leading the Siebel implementation effort.

IN THE NEWS

Enron is hosting the New York Energy Risk Management Seminar at the St. Regis 
Hotel in New York City on April 5, 2001.  Topics include: Power Outlook, 
Natural Gas Outlook, and Weather Risk Management. To RSVP, contact Laura Pena 
at x 3-5376.


WELCOME
New Hires
EGM  - Sherman Franzen, Fariba Karimi, Ryan Krogmeier, Lawrence Marcus 
EIM   - Ronald Barnes, Paul Hanks, Chad Ihrig, Stella Pedroza, Linda Silva
ENA  - Hagar Kedem, Steven Merriss, Courdney Williams, Diane Fellers

Transfers
ENA ) Tammie Schoppe, Lynna Kacal, Johnna Kokenge, Karen Jones, Stuart 
Zisman, Anne Labbe
EGM ) Justin Cornett, George Thomas, Richard Yeboah, Phi Khanh Wolfe, Alan 
Harvey, Philip Berry, Ethan Schultz, Sanjeev Khanna, Mingcheng Lian 


NUGGETS & NOTES

 "We have to move paper, make money AND move the industry."  -- Rodney 
Malcolm,  Vice President/Forest Products EIM

Congratulations to Angela and Chris Connelly, manager in Coal Trading. They 
are the proud parents of Nicholas Connelly, born on March 17 and weighed 
7lbs.11oz.  (Rumor has it that at 48 hours of age, he had more hair than his 
father!)

Congratulations to Carmen and Glenn Wright, director in Steel Origination who 
welcomed little Lauren Nicole born March 12.  She weighed in at 7lbs.13oz.and 
debuted with a full head of hair and "making lots of noise." 


LEGAL STUFF
The information contained in this newsletter is confidential and proprietary 
to Enron Corp. and its subsidiaries.  It is intended for internal use only 
and should not be disclosed.