The Government of Alberta Power Purchase Arrangement Auction of the regulated 
generation Plants and Units commenced Wednesday, August 2nd, and will 
continue through a number of rounds over a number of days and possibly 
weeks.  Enron Canada Power Corp. (ECPC), a wholly-owned subsidiary of Enron 
Canada Corp., is an Invited Bidder participating in the Auction.  For 
strategic corporate purposes and as a result of restrictions imposed under 
the Auction Participation Agreement and the Auction Rules (compliance with 
which is secured by a US$27MM Bid Deposit), any information, details or 
speculation regarding ECPC's involvement in the Auction, including whether 
ECPC is participating or continuing to participate in the Auction or has 
withdrawn from the Auction at any time, the Plants or Units ECPC is or is not 
bidding on, the amounts ECPC is bidding or is approved for bidding, and any 
other information whatsoever about the Auction process is to be kept strictly 
confidential.  In particular, the Auction has been followed closely by the 
media and may be of interest to shareholders, investors and other 
constituents, and such communications are prohibited until after the Auction 
has been completed and the Winning Bidders have been announced by the 
Government of Alberta.

If you have any questions or concerns, please contact Peter Keohane, Enron 
Canada Corp., at 403-974-6923 or Peter.Keohane@enron.com.