Apologies to anyone who may have already seen this.  Please read the attached 
organizational news from EBS.  
----- Forwarded by Scott Bolton/Enron Communications on 11/28/00 03:30 PM 
-----

	EBS Office of the Chairman
	Sent by: EBS Announcements
	11/28/00 03:24 PM
		 
		 To: All EBS Employees Worldwide
		 cc: 
		 Subject: Organizational announcement from the EBS Office of the Chairman

To:  All EBS employees

From:  EBS Office of the Chairman

Subject: Organizational changes

Date:  November 28, 2000

As you are aware, Enron Corp. recently announced several organizational 
changes including some at EBS.  We want to provide further details on some of 
these changes and update you on additional internal changes that we have made.

We are pleased with the progress we are making in creating an exciting new 
contributor to Enron,s success.  We look forward to discussing our progress 
to date and plans for 2001 in more detail at the all-EBS employee meetings 
planned for November 30 in London, December 1 in Portland and December 5 in 
Houston.  

Two of Enron,s international leaders join EBS

As reported in the Enron Corp. announcement, Sanjay Bhatnagar, chairman, 
Enron India Private Ltd., has taken on the additional role of CEO, EBS Asia.  
In his new role, Sanjay reports to the EBS office of the chairman, while 
continuing to report to the Enron Corp. office of the chair for his Enron 
India role.  Sanjay is responsible for building our business in Asia, 
initially focusing his efforts on Japan, China and Hong Kong, and the Indian 
sub-continent.  Sanjay is expected to commit 75 percent of his time and 
efforts to EBS.  Anthony Duenner, president, EBS Asia, reports directly to 
Sanjay.
 
Diomedes Christodoulou, formerly co-CEO of Enron South America, has joined 
EBS as global Chief Commercial Officer.  Diomedes will be based in London, 
and will focus on developing one-of-a-kind, strategic transactions in the 
enterprise and wholesale space, primarily in the international markets.  
Diomedes reports to the EBS office of the chair.  

EBS Global Trading and Risk Management Team expands its staff

We have made several additions to the Trading and Risk Management team.

We are pleased to announce that Diane Hetzel, V.P., will move to the trading 
and risk management team to lead our new streams trading activities.  Diane,s 
technical background, coupled with her content distribution expertise, will 
help the desk formulate a streaming book.  Diane reports to Paul Racicot.

The provisioning function now reports to Debra Bailey, EBS Director of 
Logistics, who recently joined us from NASA.  Provisioning is an essential 
logistics function for the trading desk and will enable us to provision on a 
real time basis.  The function will now be based in Houston, and Debra 
reports to Joe Edwards, Director of the trading desk.  International 
provisioning also falls under trading, but will be supported on a regional 
basis.  

Greg Woulfe has recently joined EBS as a Director from Enron North America.  
Greg now will lead the long haul and IP capacity trading function.

EBS introduces Media and Semiconductor Services

Edward Ondarza, V.P. recently joined EBS from Enron North America to lead 
Enron Media Services.  Just as Enron created forward markets for trading 
energy, bandwidth and other commodities, Enron Media Services is building a 
strategy to develop a market for advertising time and space.  Through 
innovative financial structures, Enron Media Services will alter the risk 
profile for producers and consumers of advertising space and will use these 
media services to create new commercial structures for our streaming media 
customers.  Edward reports to the office of the chairman.  

Wade Doshier, V.P., will develop a Semiconducter Services product for EBS.  
EBS will strive to become the world,s first risk management company to create 
a forward market for semiconductor products, thus meeting the needs of 
semiconductor producers and consumers. Enron will create a forward market in 
DRAM, CPU, Flash, LCDs, Wafers, and Capacitors.  Wade reports to the office 
of the chairman.

Global Risk Management and Trading will be responsible for managing the 
positions created within both of these new units.

Product and Information Engineering unit formed

In addition to managing IT and software engineering, CIO and Vice President 
Everett Plante has assumed the responsibilities of the product engineering 
group.  Combining software engineering with product engineering and IT will 
create a greater synergy among the various product development areas such as 
VOD, Mediacast, IPNet Connect and BOS.

Steve Barth joins EBS Europe

V.P. Steve Barth is now leading the Media and Entertainment group for EBS 
Europe and will relocate to London in early 2001.  Steve reports to EBS 
Europe president Steve Elliott.  

We feel that these changes will contribute even further to EBS, success 
moving forward.  Please join us in congratulating all of these individuals 
and supporting them in their new roles.  We will continue to inform you of 
additional changes as they unfold and look forward to seeing you at the 
upcoming all-employee meetings.