Subject: "Employee Meeting Postponed".

Body: We know you have questions about recent events impacting Enron and our plans for the future. Ongoing investigations and pending litigation have made it difficult, if not impossible, to share information in a timely manner. While we can't address certain issues, we can tell you about our initial plans to move Enron forward and emerge from bankruptcy, and we are eager to do that. We had planned to hold an all-employee meeting tomorrow, January 23, at the Hyatt Regency. However, we don't want to subject you to the media frenzy that would certainly surround such a meeting, so we've decided to postpone it. We are currently making arrangements to hold a series of employee meetings within the building to protect your privacy. We will provide the date and times to you as soon as the logistics for those meetings are finalized. Prior to the employee meetings, we will provide an overview of Enron's new organizational structure. You can expect that memo shortly.

Subject: "GISB".

Body: Dear Priscilla, Attached is Enron North America's GISB with special provisions. Please give me a call at your convenience, to discuss this agreement. Best regards,

Subject: "Mariner Board Seat".

Body: I know there is lots going on but I would like to resign from the Board of Mariner asap. I am having trouble devoting enough time to this function and feel it would be better if I turned it over to someone else. Dave Gorte in my group would be my recommendation as a replacement. If Dave does not have an interest, Brad Larson could also fill in. Any thoughts? If you have no issues I will proceed. Thanks, Rick

Subject: "DEC physical".

Body:
We will hold off transferring any physical positions desk to desk until the end of bidweek. After NX1, we will transfer positions at a daily EOL Index mid price. Please monitor my book and others to make certain DEC deals are not being transferred prior to NX1 at an IF monthly or GD daily mid price. Thanks,