Attached is the Management Report for Feb. 29, 2000


External Trading   
  
 Total  29-Feb-00  To Date 
  
 Number of Transactions   1,155   39,504 
 Gross Notional Value $   463,655,144   13,348,236,465 
  
 Revenue from Physical flows to date ($)    389,590,286 
  
 Number of New Counterparties transacting today    4 
 Number of Counterparties having transacted to date    236 
  
 N.A. Gas   
  
 Number of Transactions   893   32,560 
 Volume of Transactions (mmbtu's)   176,724,389   6,578,821,519 
 Gross Notional Value $   369,245,902   10,725,358,246 
  
 UK Gas   
  
 Number of Transactions   118   2,192 
 Volume of Transactions (mmbtu's)   23,947,500   290,654,000 
 Gross Notional Value $   49,068,042   588,977,144 
  
 Belgium Gas   
  
 Number of Transactions   1   82 
 Volume of Transactions (mmbtu's)   750,000   17,455,000 
 Gross Notional Value $   95,813   33,077,248 
  
 U.S. Power   
  
 Number of Transactions   96   3,358 
 Volume of Transactions (MWh's)   723,029   27,453,027 
 Gross Notional Value $   28,797,941   1,012,870,946 
  
 UK Power   
  
 Number of Transactions   3   206 
 Volume of Transactions (MWh's)   50,400   9,760,421 
 Gross Notional Value $   1,621,319   366,340,778 
  
 Swiss Power   
  
 Number of Transactions   3   34 
 Volume of Transactions (MWh's)   4,452   58,155 
 Gross Notional Value $   92,703   1,291,297 
  
 German Power   
  
 Number of Transactions   25   241 
 Volume of Transactions (MWh's)   95,357   1,981,993 
 Gross Notional Value $   1,645,518   37,252,632 
  
 Spanish Power   
  
 Number of Transactions   -     6 
 Volume of Transactions (MWh's)   -     17,713,650 
 Gross Notional Value $   -     631,836 
  
 Norwegian Power   
  
 Number of Transactions   1   104 
 Volume of Transactions (MWh's)   11,160   1,938,264 
 Gross Notional Value $   179,786   28,427,265 
  
 Crude & Products   
  
 Number of Transactions   4   250 
 Volume of Transactions (BBl's)   600,000   27,460,184 
 Gross Notional Value $   9,861,600   369,447,080 
  
 Petchems   
  
 Number of Transactions   -     42 
 Volume of Transactions    -     360,000 
 Gross Notional Value $   -     59,888,900 
  
 LPG   
  
 Number of Transactions   7   190 
 Volume of Transactions (BBl's)   56,000   2,184,000 
 Gross Notional Value $   2,045,000   74,362,500 
  
 U.S. Coal   
  
 Number of Transactions   3   85 
 Volume of Transactions (st)   18   2,033,424 
 Gross Notional Value $   1,001,250   29,767,433 
  
 U.S. Pulp & Paper   
  
 Number of Transactions   -     4 
 Volume of Transactions (st)   -     2,550 
 Gross Notional Value $   -     1,500,750 
  
 Plastics   
  
 Number of Transactions   -     1 
 Volume of Transactions   -     1,500,000 
 Gross Notional Value $   -     427,500 
  
 Emmissions   
  
 Number of Transactions   -     58 
 Volume of Transactions   -     145,000 
 Gross Notional Value $   -     18,982,650 
  
 U.S. Weather   
  
 Number of Transactions   1   92 
 Volume of Transactions    1   97 
 Gross Notional Value $   270   59,760 
  
 UK Weather   
  
 Number of Transactions   -     22 
 Volume of Transactions    -     22 
 Gross Notional Value $   -     6,438 
  
  
 Number of Users Logging onto EnronOnline:   
 External Users with Execution rights    812 
 External Users with No Execution Rights    62 
  
 Internal Trading   
 29-Feb-00  To Date 
 Gas   
  
 Number of Transactions   118   2,915 
 Volume of Transactions (mmbtu's)   46,696,943   1,192,523,602 
 Gross Notional Value $   115,033,723   2,111,296,314 
  
 Power   
  
 Number of Transactions   2   75 
 Volume of Transactions (MWh's)   56,913   1,023,527 
 Gross Notional Value $   1,623,870   30,817,983 
  
 Coal   
  
 Number of Transactions   -     -   
 Volume of Transactions (st)   -     -   
 Gross Notional Value $   -     -   
  
 Emmissions   
  
 Number of Transactions   -     -   
 Volume of Transactions (st)   -     -   
 Gross Notional Value $   -     -   
  
 Total   
  
 Number of Transactions   120   2,990 
 Gross Notional Value $   116,657,593   2,142,114,297 




Regards

Louise