Enron Mentions - 01/30/2001

CANADA: Daishowa Sells Canadian Unit to Enron
Reuters, 01/30/2001

Enron Broadband Services Licenses Macrovision Pay-Per-View Copy Protection
Technology
Business Wire, 01/30/2001

El Paso Energy Completed $24 Billion Purchase of Coastal Corp.
Associated Press, 01/30/2001

Dewitt Announces Highlights of 26th Annual World Petrochemical Review
PR Newswire, 01/30/2001

Enron/Canada Paper Mill Ops -2: Complements NJ Mill
Dow Jones, 01/30/2001

Enron Agrees to Buy Canadian Paper Mill for Undisclosed Price
Bloomberg, 01/30/2001

California Power Exchange to Close as Crisis Lowers Volume
Bloomberg, 01/30/2001

CANADA: Daishowa sells Canadian unit to Enron.

01/30/2001
Reuters English News Service
(C) Reuters Limited 2001.

QUEBEC CITY, Jan 30 (Reuters) - Japan's Daishowa Paper Manufacturing Co. said
on Tuesday it will sell its Canadian unit Daishowa Forest Products Ltd. and
its Quebec City paper mill, to U.S. energy firm Enron Industrial Markets .
Daishowa said the deal includes the Quebec City mill, which produces 515,000
tonnes a year of newsprint and paperboard, as well as a sawmill and
Ste-Aurelie Timberlands Co. located in the U.S. state of Maine. The Quebec
City mill employs 1,200 people and is one the largest private employers in
the city.
Financial terms of the transaction were not disclosed.
Daishowa Forest is a wholly owned subsidiary of Daishowa Paper's Daishowa
North America Corp. unit in Canada. Enron Industrial Markets is a
wholly-owned subsidiary of Enron Corp. of the United States.
Daishowa purchased the Quebec City mill in 1988 from Reed International Plc .
It has since improved the plant and modernized paper and paperboard machines.
The sale requires the approval of Canadian and U.S. governmental authorities
and closing is expected around the end of March 2001.

Enron Broadband Services Licenses Macrovision Pay-Per-View Copy Protection
Technology

01/30/2001
Business Wire
(Copyright © 2001, Business Wire)

SUNNYVALE, Calif.--(ENTERTAINMENT WIRE)--Jan. 30, 2001--Macrovision
Corporation (NASDAQ/MVSN) announced today that Enron Broadband Services, a
wholly owned subsidiary of Enron Corp. (NYSE/ENE), has licensed Macrovision's
pay-per-view (PPV) copy protection technology for use in delivering broadband
content through the Blockbuster Entertainment On-Demand service to customer
televisions via digital set top boxes.
Macrovision's PPV copy protection technology is widely deployed throughout
the world in digital satellite, cable, terrestrial, and near video
on-demand/video on-demand networks. Macrovision's technology allows consumers
to view, but not record, programs that are copy protected at the direction of
system operators or program suppliers. The technology is designed to deter
unauthorized home taping of programs distributed via digital set-tops. This
allows copyright owners to minimize cannibalization of their home video
revenues while maximizing PPV system operator revenues.
Tom Carroux, director of sales at Macrovision, said, "We are pleased that
Enron has chosen to incorporate Macrovision's copy protection technology into
its broadband infrastructure. The video on-demand market is poised to grow
rapidly as digital set tops are deployed in increasing numbers and more
bandwidth becomes available. We believe that copy protection will help system
operators and program suppliers increase their buy rates for new Hollywood
movies."

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 Broadband Services can be found on the
Web at www.enron.net.
Enron is one of the world's leading electricity, natural gas and
communications companies. The company, with revenues of $40 billion in 1999
and $60 billion for the first nine months of 2000, markets electricity and
natural gas, delivers physical commodities and financial and risk management
services to customers around the world, and is developing an intelligent
network platform to facilitate online business. Fortune magazine has named
Enron "America's Most Innovative Company" for five consecutive years, the top
company for "Quality of Management" and the second best company for "Employee
Talent." Enron's Internet address is www.enron.com.

About Macrovision Corporation

Macrovision develops and markets copy protection, digital rights management
and electronic license management technologies for the home video, consumer
interactive software and enterprise software markets. Motion picture studios,
cable and satellite TV operators, consumer electronics companies and personal
computer manufacturers use Macrovision's video copy protection technologies
to prevent the unauthorized duplication, reception or use of copyrighted
video materials. Over 300 million DVDs, 3 billion videocassettes, and 45
million digital set top boxes have utilized Macrovision's video copy
protection technologies. Macrovision has its corporate headquarters in
Sunnyvale, Calif., with European headquarters in London and Asia-Pacific
headquarters in Tokyo.
Macrovision and the Macrovision logo are registered trademarks of Macrovision
Corporation.

Note to Editors: Additional background information on Macrovision Corporation
and its other products, see www.macrovision.com.

All statements contained herein, as well as oral statements that may be made
by the Company or by officers, directors or employees of the Company acting
on the Company's behalf, that are not statements of historical fact,
constitute "forward-looking statements" and are made pursuant to the
Safe-Harbor provisions of the Private Securities Litigation Reform Act of
1995.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that could cause the actual results of the
Company to be materially different from the historical results or from any
future results expressed or implied by such forward-looking statements. Such
risks and uncertainties are outlined in the Company's Annual Report on Form
10-K for 1999, its Quarterly Reports on Form-10Q, and such other documents as
are filed with the Securities and Exchange Commission from time to time. The
Company is not obligated to revise or update any forward-looking statements
in order to reflect events or circumstances that may arise after the date of
this release.

CONTACT: Macrovision, Sunnyvale, Calif. Miao Chuang, 408/743-8451
mchuang@macrovision.com
12:07 EST JANUARY 30, 2001
El Paso Energy completes $24 billion purchase of Coastal Corp.

01/30/2001
Associated Press Newswires
Copyright 2001. The Associated Press. All Rights Reserved.

HOUSTON (AP) - El Paso Energy Corp. said Monday it completed a $24 billion
acquisition of The Coastal Corp., creating the nation's fourth-largest energy
company.
The deal between the two Houston-based companies was completed hours after it
won approval from the Federal Trade Commission.
El Paso agreed to sell $112 million in investments in 11 offshore pipelines
to win regulatory approval. That concession eased concerns about the recent
consolidation of the gas-transportation market, said Molly Boast, the acting
director of the FTC's Bureau of Competition.
El Paso already owned the largest natural gas pipeline network in the
country, and it increased that network by buying Coastal. It will operate a
58,000-mile pipeline system and hold operations in wholesale marketing and
trading of natural gas and power, oil refining and gasoline marketing.
The merger will result in layoffs, but the new El Paso Energy Corp. provided
no numbers. The company also said it expects an increase in hiring over the
next year.
Coastal shareholders will receive 1.23 shares of El Paso common stock for
each share of Coastal common stock. El Paso also will assume about $7 billion
in Coastal debt and preferred stock.
Within the energy business, El Paso will trail only Exxon Mobil Corp.,
Chevron Corp. - which is buying Texaco - and Enron Corp., said executive vice
president Ralph Eads.
El Paso and Coastal also announced fourth-quarter earnings on Monday.
Excluding special items, El Paso reported earnings of $456 million, or 73
cents per share, up from $295 million, or 48 cents per share a year earlier.
Revenue more than tripled to $7.5 billion from $2.4 billion.
Analysts surveyed by First Call/Thomson Financial had expected the company to
earn 67 cents per share.
Including one-time gains and losses from asset sales and other items, El Paso
had fourth-quarter net income of $127 million.
In its final quarterly earnings report as a stand-alone company, Coastal
reported record net earnings of $208.3 million, or 93 cents per share,
compared to $169 million, or 78 cents per share a year earlier. Analysts had
expected 91 cents per share.
Coastal had fourth-quarter revenues of $6 billion, nearly double the $3.2
billion a year earlier.
For the year, Coastal reported net income of $654.4 million, or $2.96 per
share, on revenues of $18 billion, compared with earnings of $498.9 million,
or $2.30 per share, on revenues of $10.3 billion in 1999.
In late morning trading Tuesday, El Paso shares rose $1 to $64.10. The
company's stock has doubled in the past year.
Coastal stock closed Monday $79.50, $2.50 higher.

DeWitt Announces Highlights of 26th Annual World Petrochemical Review

01/30/2001
PR Newswire
(Copyright © 2001, PR Newswire)

HOUSTON, Jan. 30 /PRNewswire/ -- DeWitt is placing special emphasis on two
areas this year in response to the interests of our clients. There will be
very strong speakers dealing with Energy from Cambridge Energy, Petroleum
Economics and Marathon Ashland. Additionally, given the continuing interest
in E-Commerce and the advent of Financial Paper Markets, there will also be
three speakers on E-Commerce (Shell, Enron, and CheMatch) as well as a
luncheon speech from the Managing Director of the Chicago Mercantile
Exchange. These areas will be in addition to the normal reviews of Commercial
Petrochemical Markets and Trends. Come join us and bring your associates for
two days of information, interactive thought, and networking. The Conference
is being held at the JW Marriott Hotel in Houston's Galleria Area on March 27
-29, 2001. Conference information may be obtained via www.dewittworld.com or
by contacting the Houston Office at 1 281-774-7299 or
conferences@dewittworld.com.

/CONTACT: Earl Armstrong of DeWitt & Company, 281-774-7298/ 10:30 EST
Enron/Canada Paper Mill Ops -2: Complements NJ Mill

01/30/2001
Dow Jones News Service
(Copyright © 2001, Dow Jones & Company, Inc.)

HOUSTON -(Dow Jones)- Enron Corp.'s (ENE) signed a definitive agreement to
acquire Daishowa North America Corp.'s Forest Products Ltd. unit, a holding
company for its Quebec City, Canada newsprint mill and related assets.
Financial terms weren't disclosed.
In a press release Tuesday, Enron said the acquisition complements its
existing production at Garden State Paper, a recycled newsprint mill in
Garfield, N.J., which Enron acquired in July 2000.

Enron Agrees to Buy Canadian Paper Mill for Undisclosed Price
1/30/1 12:42 (New York)

Enron Agrees to Buy Canadian Paper Mill for Undisclosed Price

Houston, Jan. 30 (Bloomberg) -- Enron Corp., the biggest
energy trader, said it agreed to buy a Canadian newsprint mill
from Daishowa North America Corp. to expand its pulp and paper
businesses.
Terms of the sale of the plant in Quebec were not disclosed.
Enron bought a recycled newsprint mill in Garfield, New Jersey, in
July, the company said.
The purchase is part of Enron's plan to apply its gas- and
power-trading model to paper. The plants will allow Enron to learn
how the paper business operates and give it a supply to sell as it
develops a paper-trading business.
Enron's trading unit matches up buyers and sellers of paper,
and develops contracts it can sell to customers who want to lock
in prices for the commodity.
Daishowa North America Corp. is a unit of Shizuoka, Japan-
based Daishowa Paper Manufacturing Co. Shares of Houston-based
Enron fell 87 cents to $79.90 in early afternoon trading. Daishowa
Paper Manufacturing rose 7 yen to 367 in Tokyo.

--Jim Kennett in Houston, (713) 335-5595, or
jkennett@Bloomberg.net, through the Princeton newsroom (609) 279-
4000/mtw/cod/alp

California Power Exchange to Close as Crisis Lowers Volume

Pasadena, California, Jan. 30 (Bloomberg) -- The California
Power Exchange, the market where most of the power used in the
state was once bought and sold, will end daily and day-ahead
trading by noon tomorrow, a victim of the state's energy crisis.
The state's 1996 deregulation law created the exchange as a
market where buyers and sellers could buy power and where prices
would be posted to ensure openness and encourage competition. It
began operations in March 1998.
The state's three biggest investor-owned utilities were
required to buy their power there until last month, when the
Federal Energy Regulatory Commission authorized California
utilities to enter into forward contracts to buy power, bypassing
the exchange.
Power prices have soared in California during the last month
to 10 times as much as year-ago levels. The high prices were
bankrupting the utilities, and the state is now buying power them
and turning to advance contracts that lock in lower prices in
return for agreements to buy power for years.
With no requirement that companies trade on the exchange,
volume has fallen from an average of 536,000 megawatt hours before
the FERC order to less than 25,000 this week.
The exchange will continue to arrange delivery and payment of
trades made until it shuts down tomorrow, spokeswoman Beth
Pendexter said. No firings were announced.
The exchange said it will continue to perform all contract
settlements and scheduling services for market participants.

--Gene Laverty in Calgary (403) 232-8188, or
glaverty@Bloomberg.net, through the Princeton newsroom (609) 279-
4000/alp