End of an Era

Hi Ken and Jeff,

This email is being sent to let you know that my consulting contract with Enron has finally come to an end. It has been a great experience to me to have been involved in the development of such successful international projects as, Puerto Quetzal in Guatemala in 1993, Batangas and Subic Bay in 1992/93 in the Philippines and Guam in 1996, all of which are still contributing to Enron's earnings. The opportunities provided me during the first 26 years with Northern Natural Gas/Internorth, from which I retired in 1988, and the last 11 years as a consultant for Enron Development and Enron International have made me a better person and I thank you both for this.

I will continue to be involved in consulting and development of both power and natural gas projects, although on a more limited basis, and only as an independent.

Should there be any need for my services or need to be contacted for any reason, I can be reached at:

Curly Baca & Associates, Inc.
5213 Sagecircle St. North
Houston, TX 77056-7075
713-629-7729
cell 713-515-8348
email: fbaca@pdq.net

Good luck as you both lead Enron, the Greatest Company, into the future, and once again, Thanks for the opportunity!!

With Best Regards,

Curly Baca