Subject: "Q&A Process".

Body: You have many questions about how the bankruptcy will affect you personally. The HR team is endeavoring to answer these questions. Due to simple logistics, answering each question individually is very difficult. We are working to solve this issue by compiling answers to the important questions concerning employee benefits, expense payments and so on. Answers to the most frequently-asked questions will be posted on the corporate website at www.enron.com. Click on Information for Enron Alumni Affected by Chapter 11 Filing </corp/alumni/> . These Q&A Facts are regularly updated as soon as accurate and factual information is received. In addition, we will have updates on 1-800-97-ENRON. (Option 9) If you have questions that have not been answered, please submit them to the following email address: questions@enron.com A team of people will be answering these questions and posting answers on the above sites as soon as possible. The HR team will also be posting initial Q&A's within the next few days on www.home.enron.com for our current, retained employees. Thank you for your patience as we work through the complexities of the situation. Julie Kearney 503) 464-7404 julie.kearney@enron.com

Subject: "Philippe Bibi".

Body: We are disappointed to announce that Philippe Bibi, president and CEO of Enron Net Works, has resigned from Enron. Philippe will be joining Putnam Investments in Boston, Mass. as Chief Technology Officer. Philippe joined Enron in 1995, as Chief Information Officer for Enron Capital & Trading, and has been a key member of the team that built Enron's IT organization, including our numerous successful e-commerce initiatives. Philippe has been a great asset to Enron and our IT efforts. For six years, his creativity, intelligence, and focus have benefited the company in many ways. He will be missed. Philippe has agreed to make himself available to assist in the transition of his responsibilities. In the interim, all of the employees who report to Philippe will continue reporting to the Office of the Chairman for Enron Net Works. Please join us in thanking Philippe for his many years of service to the company and in wishing him the very best.

Subject: "C.E. Unterberg, Towbin 11/09/01TraderTalk".

Body: =09=09=09 C.E. UNTERBERG, TOWBIN =09 =09=09=09 Trader Talk November 9, 2001 =09 =09=09=09 The market soared on the wings of Icarus today? =09 =09=09=09 Market Summary =09 =09=09=09 The market soared on the wings of Icarus today? the European Cent= ral Banks cut their interest rates after we cut ours earlier this week. Wee= kly initial jobless claims were down 46,000, and retail sales were up 2.3%.= The Dow was up 167, the NASDAQ up 51, and the S&P up 20?The market flew to= high to fast and burnt its wing on the sun?The minutes were released from = the FOMC showing the 50 point basis cut was a unanimous decision and laying= the Fed's uncertainty bare. Profit-takers swooped in and the market fell b= ack to earth with the Nasdaq down 9.76 points or 0.53% at 1827.77, the Dow = closing up 33.08 points or 0.35% at 9587.45, and the S&P up 2.73 points or = 0.25% at 1118.53. Tech's winners today were AOL (AOL Time Warner) up 5.7%; = SUNW (Sun Micro) up 5.4%; MU (Micron) up 3.9%, otherwise it was all no chan= ge or red change: Semi Capital: AMAT* (Applied Materials) down 2.4%; KLAC (= KLA-Tencor) down 3.5%; NVLS* (Novellus) down 1.8%; IBM and DELL didn't go v= ery far but HWP (Hewlett Packard) down 4.3%; AAPL (Apple) down 4.5%; GTW (G= ateway) down 3.0%?Outside tech: Autos: GM (General Motors) up 2.4%; F (Ford= ) up 3.0%; DCX (Daimler-Chrysler) up 1.4%?Energy: DUK (Duke Energy) up 4.9%= ; ETR (Entergy) up 3.7%; ED (ConEd) up 1.1%?In the red: BioTech: AMGN (Amge= n) down 3.9%; GENZ (Genzyme) down 2.0%; BGEN (Biogen) down 2.3% -John D=

Subject: "Analyst or Associate - Middle Market".

Body:
There is currently an opening for a Analyst or Associate in Middle Markets reporting to John Malowney. If you are interested in this position, please let Julie Kearney know by close of business on Wednesday, September 26, 2001 by calling (503) 464-7404 or through email. ANALYST OR ASSOCIATE, MIDDLE MARKET EPMI West Power Trading in Portland, Oregon, seeks an Analyst or an Associate to work in the Middle Market Group. This individual will support Commercial level managers and directors with the Middle Market Group to manage physical energy purchases and sales and market structured financial products to utility and large industrial customers in the western United States. The essential functions of this position are as follows. Work with other members of the Middle Market team to design deal structures for clients and respond to Requests for Proposals (RFPs). Communicate with term and cash traders to obtain accurate price information for client quotes. Communicate with internal Enron groups (credit, legal, scheduling, risk) as required to close transactions and manage ongoing business. Assist Middle Market team in contacting clients to ascertain their energy needs to develop opportunities. Essential Job Requirements Bachelor degree in marketing, finance, or other related field although exceptional work experience or military experience may be substituted at Enron's discretion. Experience in commodity business and ability to understand Enron's internal processes (legal, credit, structuring, risk) for trading groups. Strong relationship building skills. Proven Sales Skills. Understanding of derivatives. Will acquire and develop pricing/rate/tariff comparisons into a spreadsheet format for marketing purposes. Ability to work effectively under demanding time lines. Ability to "cold call" a mature client base. Perseverance/Tenacity - ability to call the same customers pitching products and extracting information. Detail oriented with ability to handle multiple projects or tasks simultaneously. Strong verbal and written communication skills. Work with other members of the Middle Market team to design deal structures for clients and respond to Requests for Proposals (RFPs). Communicate with term and cash traders to obtain accurate price information for client quotes. Communicate with internal Enron groups (credit, legal, scheduling, risk) as required to close transactions and manage ongoing business. Assist Middle Market team in contacting clients to ascertain their energy needs to develop new business opportunities. Ability to build and manage long-term client relationships. Proficiency in MS Excel, Word and PowerPoint. Detail oriented with ability to handle multiple projects or tasks simultaneously. Strong verbal and written communication skills. Special Job Characteristics Travel may be required. Self-starter and dedicated. Motivated to meet individual as well as team targets.