Proposed Cancellation of Enron Industrial Partners, LP

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Rush Request - cancellation must occur within two weeks for tax purposes.

Enron Industrial Partners, LP., a Delaware limited partnership is being considered for cancellation. Please let me know by Friday, June 8, 2001 if there is any reason not to cancel this limited partnership. If I do not receive any responses by Friday, June 8, 2001, we will proceed with the cancellation.

Please distribute this memo to all interested parties within your group.

Teresa A. Callahan
Supervisor-Corporate Services
and Assistant Corporate Secretary
Corporate Secretary Dept. - EB4804
Phone: 713-345-8444
Fax: 713-646-8007