Meeting with Mayor Willie L. Brown, Jr.

Dear Mr. Skilling,

On behalf of Mayor Willie L. Brown, Jr. (San Francisco), it is my
pleasure to invite you to meet with him regarding energy issues in
California.

Mayor Brown wishes to meet with you in his capacity as a trustee of the
Board of Administration of the California Public Employees Retirement
System (CalPERS). As you know, CalPERS is the largest public pension fund
in the
nation and is a sizeable investor in domestic energy stocks, bonds,
debentures, etc. The Board has appointed Mayor Brown to lead a
delegation of trustees to meet with the CEOs of CalPERS' largest energy
holdings. Enron represents one such holding.

The Mayor would be pleased to host you in his office at the newly
renovated City Hall in San Francisco or arrange an alternative location at
your earliest convenience. I
will await your response.

Sincerely,

Monique Moyer
Director, Mayor's Office of Public Finance
City & County of San Francisco