Steve - I put together the following draft slide for next week's analyst 
conference regarding RTO's.  Could you take a minute to review and let me 
know if you have any comments/concerns.

I can be reached at x34785 or via e-mail.

Thanks.





David T. Leboe
Director, Investor Relations
Enron Corp. 

Office  713.853.4785
Cell  713.562.2160
Fax   713.646.3002
Pager  877.237.7732
david.leboe@enron.com