ATTENTION ALL ANALYST UP FOR ROTATION WITHIN THE NEXT TWO TO THREE MONTHS -
Look for new listing below

Portland is a small ENA office with approximately 100 employees in power and
origination for the western region of the United States. The office is
managed by Tim Belden and Chris Calger with the following business units:
West Power Trading, Scheduling, Middle Market, Real Time, Fundamental
Analysis, Settlements, Risk Management, and Western Origination.

Because of the size and lay-out of the Portland office, Analysts are
presented with some unique opportunities which may not be experienced in
other departments at Enron:
strong sense of teamwork.
ability to interact with other departments on a regular basis.
strong commitment to the development of talent.
ability to rotate within the Portland office to other key functions.

Please see the following job descriptions for available positions:

NEW ADDITIONAL LISTING: ENA - Transaction Group - Jonalan Page
- Assist Originators with analysis, evaluation and structuring potential
deals
- Modeling
- Interacting with support functions such as tax, accounting and legal
- Support divestiture efforts regarding the sale of Western
Origination's assets

ENA - West Power Trading - California Trading Desk - Scheduling Position -
Jeff Richter
-Schedule physical power
-Analyze the western power market
-Make market decisions
-Work with the California ISO to make sure the physical book is flat everyday

ENA - West Power Trading - Real Time Trading - John Forney
-Trade energy in hourly markets
-Confirm purchases and sales of power
-Gather essential market information for day traders
-Aid in preparation of price and deal reports and assist in resolution of
volume/price discrepancies

ENA - West Power Trading - Middle Market - Chris Foster
-Collect key data in the WSCC including information about generation
sources, load, transmission, company contacts and organizational structure
and compile this data into a database
-User experience with database software such as MS SQL Server or Oracle is
useful

If you are interested in one or all of these rotations, please contact me at
x39233 or Amy FitzPatrick in the Portland office at (503) 464-7404.

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Listed below is a brief description of each of the departments located in
Portland:

West Power Trading
West Power Trading buys and sells wholesale electric power in the western
US. Wholesale power is a billion dollar industry involving utilities,
municipalities, federal power agencies, and new market participants such as
independent generators and energy services providers. West Power Trading
enters into a wide variety of financial transactions including forwards and
options and is also an integral part of delivering physical energy within the
western grid.

Scheduling
This group is responsible for scheduling all of Enron's WSCC deals. Other
responsibilities include:
Verify day-ahead balance with traders and communicate with courterparties to
determine bookouts and physical paths.
Create NERC tags and complete internal communication and accounting.
Purchase transmission, co-ordinate options, enter daily deals, and balance
the deal accounting system.

Fundamental Analysis
Fundamental Analysis is managed by Tim Heizenrader and is mainly responsible
for the following:
Identify, evaluate, and acquire fundamentals data from commercial and public
sources.
Design and develop data acquisition, storage and display systems, and
negotiate vendor contracts as needed to accomplish projects.
Use advanced statistical analysis software, such as S-Plus, to perform
exploratory data analysis on topical trading issues, including supply and
demand anomalies and price movement.
Build a comprehensive electricity trading decision support system based on
market fundamentals.

Settlements
This group is responsible for settling physical wholesale transactions with
the California ISO and the California PX. The group's primary function is to
estimate revenues and expenses based on scheduled volumes, settle with the
ISO based on actual volumes, and provide the accounting support to reconcile
differences between scheduled and actual volumes.

Risk Management
Primary responsibility is the daily administration of West Power trading risk
books, including P&L, position reporting and trader support. Also,
individuals in this group are responsible for analyzing and reconciling daily
and month-end P&L, preparing options reports, daily and month-end management
reports, and setting up new trading books.

Middle Market
The Middle Market group is managed by Chris Foster and has the following main
responsibilities:
Collect key data about utility and large industrial market participants.
Manage service accounts for customers who have outsourced certain trading,
scheduling and accounting functions to EPMI.
Interact very closely with Cash Trading, Real Time Trading, and Volume
Management groups.

Real Time Trading
This group is managed by John Forney and is responsible for the physical and
financial integrity of prescheduled energy transactions. Specifically, this
includes re-supplying curtailed schedules and preserving Enron's financial
rights with non-performing trading counterparties. The group is required to
maintain records which explain such supply/market interruptions in order to
minimize customer billing dispute issues. In addition, Real Time Trading is
responsible for the hourly trading of energy in the California ISO and
bilateral markets.

Western Origination
This team is managed by Chris Calger and has offices in Portland and San
Francisco. The main responsibility of Western Origination is to develop
business in the western United States specifically identifying and
originating large commodity, asset and service transactions with investor and
municipal owned gas and electric utilities.