QUESTION: We are pleased to announce that Greg Piper has been named President and CEO of Enron Net Works effective immediately. Mark Pickering will join Greg in the Enron Net Works Office of the Chair as Chief Technology Officer and will relocate from London to Houston. Mark joined Enron's IT development group in Houston in 1995 and has been Vice President and Chief Information Officer of Enron Europe since January 1998. Mark has had responsibility for Enron's systems development and infrastructure outside of the Americas and has played a key role in supporting the growth and expansion of our business. Paul Freeman, who is currently part of the Enron Metals management team in London, will replace Mark as Chief Information Officer for Enron Europe. Please join us in congratulating Greg, Mark and Paul on their new roles. We look forward to their contributions toward our continued success.
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ANS: Organizational Announcement

QUESTION: This is a "high volume" counterparty. Shouldn't we be pursuing an ISDA to replace the existing ECT Master? Susan, your last entry was 3/9/99. SS
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ANS: Reliant Energy Services, Inc.

QUESTION: Susan and Samantha: We are in the process of completing a quarter end project called Project Margaux and have completed the Raptor II project. With respect to Project Margaux, please coordinate with Mark Evans in London to get closing sets of documents. With respect to Raptor II, I will leav a message with Alicia Curry at V&E to send you the closing sets. I will leave with you my closing binder on Raptor I. Sara, It might not be a bad idea to meet with Brenda Funk in the next few weeks to get updated on all of the qaurter end delas. Carol
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ANS:
Project Margaux and Raptor II