As the Global Technology group moves forward in accomplishing its goals of 
developing worldwide technology standards, eCommerce opportunities and global 
platforms, we continue to make changes in the organization to enhance 
communication and maximize our intellectual capital.  With that in mind, we 
are pleased to announce the following organization changes within Global 
Technology:

Jay Fitzgerald, MD eCommerce, will be moving to Enron North America and will 
have responsibility for all of ENA,s eCommerce initiatives.  Although this 
will be a big loss for Global Technology, Jay will provide immediate benefits 
to the explosion of eBusiness opportunities that are developing in the ENA 
lines of business.  Jay will report to Greg Whalley.

Steve Horn, VP Investments, will be moving into Global Technology to head the 
eCommerce Ventures group responsible for eCommerce merchant investing.  The 
scope of this new group will include investing in the following areas: 
Strategic sourcing/procurement/demand aggregation/asset disposition businesses
eCommerce enabling technologies
Global eCommerce opportunities outside of EBS/ENA/EE.   EBS, EE and ENA will 
be evaluating and making equity investments within their specific business 
units. 
Examining Houston technology business opportunities not directly related to 
Enron,s business.
Steve will report directly to me in his new role.

Jenny Rub has accepted the newly formed position of VP of Infrastructure for 
Enron Corp.  Her responsibilities include managing all IT infrastructure 
support activities.  Jenny will report to Philippe Bibi.  Jenny is currently 
VP and CIO for the Gas Pipeline Group and she will be transitioning out of 
that role as she completes several important initiatives.

Beth Perlman has recently relocated to the United States as VP of ENA,s 
application development, RAC and Treasury applications.  She was previously 
heading up application development for Enron Europe.  She will report to 
Philippe Bibi.

Dan Bruce, VP, is responsible for IT support in the international regions, 
EE&CC and Asset Operations.  He will report to Philippe Bibi.

John Pavetto, VP, will be responsible for all eCommerce initiatives outside 
of EnronOnline.  John will report to Philippe Bibi.

Jay Webb, Sr. Director, will continue to lead the Enron Online Team reporting 
to Philippe Bibi.

Arshak Sarkissian, Sr. Director, has accepted a position with EBS,s strategic 
development group and will be transitioning his responsibilities over the 
course of the next few weeks.  He will report to Scott Yeager.

Please join me in congratulating everyone on their new positions.