CP, I want to get this out this afternoon, after hours. I want this to go =
to=20
ENA, ENW and executive committee. =20

From: Office of the Chairman

Please read and let me know if you find any errors or if you have any ideas=
.

Thanks,
mike

At Enron Net Works, it has become clear that we have a tremendous opportuni=
ty=20
to utilize our unique strengths, skills and new business efforts across an=
=20
entire new set of opportunities being created in the private equity markets=
. =20
Because of this, we have reorganized the Enron Net Works Investments Group=
=20
with the view to leveraging the group better across strategic opportunities=
=20
in the eCommerce and technology space, and within Enron.

Effective immediately, Jay Fitzgerald will take responsibility for setting=
=20
ENW=01,s investment strategy and the implementation of that strategy. Repo=
rting=20
to him in this new role will be Steve Horn and the venture investing group.=
=20
Further, Alan Sommer will be joining Jay=01,s team to focus on developing n=
ew=20
market opportunities, with a focus on working with the various domestic and=
=20
international Enron business units to develop eCommerce-related businesses=
=20
and strategies.

Jay will be working both out of the New York and Houston offices in his new=
=20
role, and can be reached at jay@enron.com or by phone at either (212)=20
702-3934 or (713) 853-9914.