Draft Organization Announement

Gary, I have not heard much more on this issue - are you ok with this?

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 06/15/2000
08:54 AM ---------------------------

John Sherriff
06/15/2000 12:51 AM
To: Mark Frevert/NA/Enron@Enron, David W Delainey/HOU/ECT@ECT, John J
Lavorato/Corp/Enron@Enron, Gary Hickerson/HOU/ECT@ECT, Jeff
Kinneman/HOU/ECT@ECT, Bryan Seyfried/LON/ECT@ECT
cc:
Subject: Draft Organization Announement

It looks like we have agreement on the change below but before we send this
out can you please review and comment:

In order to streamline all of our commercial credit trading activities
globally, Jeff Kinneman's Debt Trading team has been merged with
EnronCredit.com. All global credit trading and EnronCredit.com activities
will co-headed by Jeff Kinneman in Houston and Bryan Seyfried in Europe and
the group will report to John Sherriff - CEO of Enron Europe.

We wish both Jeff and Bryan well in their expanded roles.