Deferral Enrollment 2001

---------------------- Forwarded by Judy Townsend/HOU/ECT on 11/15/2000 10:=
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=09Enron North America Corp.
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=09From: Executive Compensation @ ENRON 11/14/20=
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07:17 PM
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Sent by: Enron Announcements@ENRON
To: Eligible Employees
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Subject: Deferral Enrollment 2001

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Good news! Deferral program enrollment begins Wednesday, November 15, 2000=
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Enron's Bonus Stock Option and Bonus Phantom Stock Programs provide you wi=
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an opportunity to receive stock options and phantom stock in lieu of all or=
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portion of the cash bonus you may receive during 2001. To make enrollment=
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even more convenient for you, this year's deferral program information is=
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available on eHRonline. =20

To learn more about your deferral program opportunities and to enroll for=
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2001 deferrals, access eHRonline at http://ehronline.enron.com. (Call the=
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ISC Help Desk at 713-345-4727 if you need your ID or password to access the=
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system.)

1. Review the program descriptions (attached to the Election Form) before y=
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make your elections.
2. If you decide to defer compensation, complete the Election Form before=
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Friday, December 8, 2000 (the enrollment deadline).
3. Print your 2001 Election Form and Confirmation Statement right from the=
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web site and you=01,re finished!=20

Sound easy? It is!

DEFERRAL ENROLLMENT 2001--ADDED VALUE FOR YOUR FUTURE