BUSINESS HIGHLIGHTS

Weather Group
On Wednesday, December 6th, The Weather Channel aired an episode of their 
show "Atmospheres," which included a fifteen minute segment focusing on 
Enron's Weather Risk Management business.  Mark Tawney, Steven Vu, Gary 
Taylor, and Steve Bennett were featured.  The Weather Channel has aired the 
episode periodically since then.  The parts that make it through the Enron 
cutting room floor will be coming soon to an elevator near you!  If you would 
like to view a copy of the episode in its entirety, please contact Yvette 
Simpson at ext. 3-9595.

The Weather Risk Management group completed the first ever Power Demand 
transaction this week.  The transaction was a swap based on the PJM demand 
index.  Power Demand contracts use average peak power demand as an index and 
allow power market participants (generators, btu distributors, marketers, 
etc...) to mitigate volumetric exposures.  Weekly swaps are available on 
EnronOnline and the desk has placed option contracts on this index in the 
broker market.  Inquiries regarding this product should be directed to 
Claudio Ribeiro, product manager ext. 3-7313, Gary Taylor ext. 3-1511, or 
Valter Stoiani ext. 3-6906.

West Power Trading
It,s been a wild and crazy holiday season in the West.  Electricity prices 
have remained extremely bullish throughout the entire WSCC, due in large part 
to below-normal temperatures, &less than stellar8 river flows in the 
Northwest and Northern California, tremendously volatile natural gas prices, 
and a number of generating plants down for both planned and unplanned 
maintenance.  Recently, the Federal Regulatory Energy Commission (FERC) has 
stepped in to implement several orders in an effort to try to correct this 
&extremely flawed market.8  Stay tuned sports fans; some have the feeling 
that the best is yet to come.


HAPPY HOLIDAYS
Seasons Greetings from ENA PR.  The EnTouch newsletter will be on holiday 
break next week.  If you have information for future issues of EnTouch, 
please send it to Michelle Vitrella.  We hope you have a wonderful and safe 
holiday.  See you next year!


WELCOME

New Hires ENA/EIM/EGM
ENA ) Kimberly Hardy, Adam Johnson, Daniel Lisk, William Fleenor, Stacey 
Wales, Jason Fischer, Aparna Rajaram


LEGAL STUFF

The information contained in this newsletter is confidential and proprietary 
to Enron Corp. and its subsidiaries.  It is intended for internal use only 
and should not be disclosed.