fyi.
----- Forwarded by Lara Leibman/Enron Communications on 02/27/01 07:35 PM 
-----

	PR & Marketing
	Sent by: EBS Announcements
	02/27/01 01:35 PM
		 
		 To: All EBS
		 cc: 
		 Subject: ENRON BROADBAND SERVICES LAUNCHES ONLINE BANDWIDTH TRADING IN EUROPE



Anita Cullen
Enron Broadband Services 
+44 (0) 20 7783 2384


ENRON BROADBAND SERVICES LAUNCHES ONLINE BANDWIDTH TRADING IN EUROPE

FOR IMMEDIATE RELEASE: Tuesday, February 27,2001


LONDON ) Enron Broadband Services, a wholly-owned subsidiary of Enron Corp. 
(NYSE: ENE), announced today the launch of online bandwidth trading in 
Europe. Bandwidth transactions that used to take months to close can now be 
concluded in minutes, creating wholesale market efficiencies.
Bandwidth trading is carried out via the EnronOnline trading platform.  
Launched in November 1999 to handle the trading of Enron,s natural gas, oil, 
electricity and other commodities, EnronOnline is the world,s largest 
business-to-business e-commerce website, currently handling over 3,850 
transactions with a notional value of over $2.6 billion, each day.  
The easy-to-use, customisable site enables registered customers to log on and 
buy and sell bandwidth in just a few clicks. STM-1 capacity is available, 
with contract durations of between three and 12 months and forward delivery 
ranging from two to 14 months. Once a transaction is closed, settlement and 
provisioning are handled offline. 
To provide the physical infrastructure to enable bandwidth trading, Enron has 
installed pooling points, or switching and interconnection facilities at 
selected locations throughout Europe, through which connections between 
bandwidth buyers and sellers can be established and monitored. To further 
facilitate the commoditisation of bandwidth, Enron has also developed 
standard terms and conditions which provide firm start dates and service 
level agreements backed by liquidated damages. 
&Enron,s online bandwidth trading service is not an exchange or bulletin 
board. Instead, it satisfies orders at a quoted price with Enron acting as 
the principal,8 said Marcello Romano, vice president, Bandwidth Trading, 
Enron Broadband Services, Europe.
&The last three months have marked a turning point in the development of this 
market in Europe. Participants are waking up to the value of firm service 
level agreements and the flexibility offered through bandwidth trading and 
risk management solutions. The best efforts service associated with this 
market is finally being challenged.8
###
Editor,s Notes
About Enron 
Enron Broadband Services is a leading provider of high quality, high 
bandwidth delivery and application services.  The company,s business model 
combines the power of the Enron Intelligent Network, Enron,s Broadband 
Operating System, bandwidth trading and intermediation services, and 
high-bandwidth applications to fundamentally improve the experience and 
functionality of the Internet.  Enron,s Broadband Operating System allows 
application developers to dynamically provision bandwidth for the quality of 
service necessary to deliver broadband content.  Enron is also creating a 
market for bandwidth that will allow network providers to scale to meet the 
demands required by increasingly complex applications.  Enron Broadband 
Services can be found on the Web at www.enron.net. 
EnronOnline (www.EnronOnline.com) offers customers a free Internet-based 
system for conducting wholesale transactions with Enron as principal.  
EnronOnline provides real-time prices for bandwidth, power, natural gas, 
coal, weather products, petrochemicals, pulp and paper and other commodities 
in the Americas, Europe and Asia.  Since its launch in November 1999, 
EnronOnline has expanded to include approximately 1,120 products and has 
completed over 685,000 transactions with a total notional value exceeding 
$420 billion.
Enron is one of the world,s leading electricity, natural gas and 
communications companies.  The company, with revenues of $101 billion in 
2000, markets electricity and natural gas, delivers physical commodities and 
financial and risk management services to customers around the world, and has 
developed an intelligent network platform to facilitate online business.  
Fortune magazine has named Enron &America,s Most Innovative Company8 for six 
consecutive years.  Enron,s Internet address is www.enron.com.  The stock is 
traded under the ticker symbol &ENE.8