The Following memo will be hand delivered to you in hard copy form on Tuesday 
morning, Feb. 20.  We will enclose the pledge form and 
an Enron matching gifts form for your convenience.




Our meeting with Bob May, Dean of the McCombs School of Business at 
UT-Austin, was a great success.  We had 14 attendees who received an update 
from Bob about the many great things going on in Austin, as well as 
opportunities to participate in the &We,re Texas8 capital campaign.

After Bob,s presentation, the 14 Enron officers met separately and were 
extremely supportive about the idea of contributing in a coordinated manner 
to the McCombs School.  This was evidenced by an expression of intent in 
giving totaling about $175,000 from just the 14 people!

Here is what we propose and how it would work.

1. The UT Alumni at Enron would pledge $1 million over four years to the 
McCombs School.  This would consist of $500,000 of gifts from employees and a 
matching $500,000 from Enron.

2. The matching program provided through the McCombs gift to the Business 
School would match the $1 million.

3. The result would be a permanently endowed $2 million &Enron Chair8 to 
support &star quality8 faculty for the school.  This will represent one of 
the largest Faculty Chairs at the Business School.

A few additional details:

1. Each individual,s contribution will also be credited to their name (along 
with the Enron match) for recognition purposes in Business School,s Annual 
Report, President,s Associates, etc.  In other words, a $10,000 contribution 
matched by Enron will be considered as a $20,000 contribution by that 
individual for recognition purposes.

2. Enron has agreed to not count it,s match against an employee,s annual 
matching gift limitation of $15,000, as long as the gift is coordinated in a 
way that makes it a part of the &Enron Chair8.

3. The gift may also be counted toward any previous pledge made to the &We,re 
Texas8 campaign as long as that pledge is not supporting a separately named 
contribution.  Please let us know that this is your intent.

Please carefully consider this request.  I do not plan to finalize the pledge 
until I receive responses from enough officers to support this contribution.  
We have about 40 officers of Enron who are UT alumni and with some 
participation by each of us, we will achieve this level of gift.  Our plans 
are to follow this up with a broader opportunity for all Enron employees that 
are UT alumni; however, the leadership of the group will determine our 
success.

Thanks for your consideration and continuing support of The University of 
Texas.