We are pleased to announce that Greg Piper has been named President and CEO 
of Enron Net Works effective immediately.   Mark Pickering will join Greg in 
the Enron Net Works Office of the Chair as Chief Technology Officer and will 
relocate from London to Houston. 

Mark joined Enron's IT development group in Houston in 1995 and has been Vice 
President and Chief Information Officer of Enron Europe since January 1998.  
Mark has had responsibility for Enron's systems development and 
infrastructure outside of the Americas and has played a key role in 
supporting the growth and expansion of our business. 

Paul Freeman, who is currently part of the Enron Metals management team in 
London, will replace Mark as Chief Information Officer for Enron Europe.  

Please join us in congratulating Greg, Mark and Paul on their new roles.  We 
look forward to their contributions toward our continued success.