Spreadsheet: sally_beck__33818__October regional office summary
Sheet: Enron Europe 1

Region | City / Country | Power and gas | Weather | Credit | Prime metals - physical | Prime metals - financial | Prime metals - recycling | Assets and EE&CC | Warehousing | Global Markets | EES | EBS | Wind | Other | Total Staff | History / Status
Nordic | Oslo, Norway |  |  |  |  |  |  |  |  |  |  |  |  |  | 55 | Trading office for Nordic Power.  Centre of support in the Nordic region for various Enron business lines.  EES are establishing a legal entity.  Moved into new offices at end of July 2000.
 | Helsinki, Finland |  |  |  |  |  |  |  |  |  |  |  |  |  | 11 | Most of the global liquids function is re-locating to London.  Remaining personnel in Helsinki office represents liquids origination and Energydesk.com leaving 7 staff  by the end of October.
 | Stockholm, Sweden |  |  |  |  |  |  |  |  |  |  |  |  |  | 15 | EBS is establishing a pop site in Sweden.  Metals originator being relocated into the existing Enron office.
 | Copenhagen, Denmark |  |  |  |  |  |  |  |  |  |  |  |  |  | - | No office in place.  EBS is establishing a legal entity in Denmark.  Some Nordic power deals in Denmark.
 | Aalborg, Denmark |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | Wind farm opened in January 2000.
German Speaking | Frankfurt, Germany |  |  |  |  |  |  |  |  |  |  |  |  |  | 40 | EBS have two staff employed in Germany, one in Frankfurt and one in Munich and they have a POP site in a third party location.  EES have five commercial staff in Frankfurt who are managed from London.
 | Frankfurt, Germany recycling |  |  |  |  |  |  |  |  |  |  |  |  |  | 24 | The main products are Cu, Cu Alloy (brass), and [NAME] scrap of varying qualities.  Approximately 90% of the customer base are in Germany.  Commercial activities under review to assess level of trading.
 | [NAME], Germany |  |  |  |  |  |  |  |  |  |  |  |  |  | 9 | Prime metals broker
 | Hamburg, recycling |  |  |  |  |  |  |  |  |  |  |  |  |  | 37 | MGMR company.  Hamburg to be the only “Trading Office” in Germany.
 | Cologne, Germany |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | Metals broker being moved into Essen.
 | Bremen, Germany |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | Profit sharing agreement on metals warehouse
 | Rheine, Germany |  |  |  |  |  |  |  |  |  |  |  |  |  | 314 | The European head office for wind is to be set up in Rheine.  The German operation houses mainly an Enron Wind factory.  A new CFO is being sought.
 | Zurich, Switzerland |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 3 people (one trader and 2 originators) are working on the partnership with local municipalities in a Regus office.  Only one is really present full time. Plans for EBS to have operations in Zurich.
 | Lugano, Switzerland |  |  |  |  |  |  |  |  |  |  |  |  |  | 13+ | ERPAG is a supply-side energy consulting company which also provides a limited range of demand-side consulting services. A team is currently working on the integration of ERPAG into EES Europe.
Beneflux | Brussels, Belgium |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | Delegation to EU located in a Regus office.  Continental Gas has some contracts in Zebrugge. Plans for EBS to have operations in Brussels.
 | Amsterdam, Netherlands |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | Houses 5 people from the EES and EEL Beneflux team.  Plans to grow office to 10 people, including EBS.  EBS have a pop site in a third party location.  A new office is under review.
 | Rotterdam, Netherlands |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | Metals & Cocoa Warehouse – transferring to [NAME] since the purchase of the Dutch company.
 | Paris, France |  |  |  |  |  |  |  |  |  |  |  |  |  | - | No physical presence.  Origination, EES, EBS in the process of setting up some business in France.  No current plans for an office although EBS has a POP site based in a third party building.
Iberia | Madrid, Spain |  |  |  |  |  |  |  |  |  |  |  |  |  | 25 | Houses origination.  Asset Management have purchased several sites and are pursuing planning approvals.  [NAME] has been received for a 1200MW CCGT plant at Arcos de la Frontera – construction due to start Q4/Q1.  EES have a retail business Enron Directo which started marketing activities from Jul 00.  Plans for EBS to have operations in Madrid next year.  Metals originator moving in in November.
 | Barcelona (office), Spain |  |  |  |  |  |  |  |  |  |  |  |  |  | - | The Garcia Munte JV was set up for liquids import, export, storage & sale. Operational since March 2000. 1 to 2 cargoes a month. No staff as operated by GM staff.
 | Barcelona (warehouse), Spain |  |  |  |  |  |  |  |  |  |  |  |  |  | - | Profit sharing agreement with Halley Metals – accounting done in Liverpool and warehouses managed by Halley.  No Spanish HB staff.
 | Bilbao, Spain |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | Warehouse included in the Halley Metals profit share agreement.
 | Noblejas, Spain |  |  |  |  |  |  |  |  |  |  |  |  |  | 45 | Production facility (turbine assembly plan).  [NAME] in July 2000, approx. 25 people employed at moment but will increase.
 | Lisbon, Portugal |  |  |  |  |  |  |  |  |  |  |  |  |  | - | No physical presence.  EES contract run from London.
Italy | Milan, Italy |  |  |  |  |  |  |  |  |  |  |  |  |  | - | Office in the process of being set up for 15 staff.  [NAME] had been signed on a property but dispute with the landlord may result in the need for a new site.  EES and EBS are in the process of setting up some business.
 | Cremona, Italy |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | Global liquids operation managed from London.  The Italian contractor has now become an employee.
 | Sardinia, Italy |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | Sarlux – 550 MW IGCC oil fired plant – JV 45% Enron , 55% SARAS.  In commissioning phase – op due Sept/Oct 2000.  Refinance being planned for Q1 2001 so that the contingent equity can be used.
Central and Eastern Europe | Moscow |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | Relocation under review
 | Moscow |  |  |  |  |  |  |  |  |  |  |  |  |  | 11 | Since the economic down trend in 1998, this office has not been particularly active.
 | Warsaw, Poland |  |  |  |  |  |  |  |  |  |  |  |  |  | 13 | The main focus of this office is to work on the development of the Polish power market.  The Polish exchange opened during this summer and the Polish team are advising on improvements.
 | [NAME], Poland |  |  |  |  |  |  |  |  |  |  |  |  |  | 51 | JV 116MW CHP gas fired plant (50% Enron, 50% White Wing) - started its commercial operation on June 1st 2000.
 | Bucharest, Romania |  |  |  |  |  |  |  |  |  |  |  |  |  | 6 | JV to manage the settlements and credit control for Petrom gas contracts.  The JV can market gas now for Enron and Petrom, but has limited risk, the credit risk remaining with the [NAME].  Enron [NAME] was incorporated in July 00 to serve as [NAME] for imported gas to be marketed by the JV.
 | Budapest, Hungary |  |  |  |  |  |  |  |  |  |  |  |  |  | 8 | Office in the process of being closed – due for December 2000.  Origination team based in London.
Southern Europe | Trakya, Turkey |  |  |  |  |  |  |  |  |  |  |  |  |  | 66 | 478 MW gas fired CCGT JV Enron 50%, Midlands 31%, Western Resources 9% GAMA 10%.  [NAME] operating in June 99.
 | Thrace, Turkey
 | Greece |  |  |  |  |  |  |  |  |  |  |  |  |  | 23 | Enron Wind operation.  2 assets with [NAME] and [NAME].  Service for the projects.
UK | London (+wind) |  |  |  |  |  |  |  |  |  |  |  |  |  | 1450 | European Headquarters including Enron Metals.
 | Teesside |  |  |  |  |  |  |  |  |  |  |  |  |  | 225 | TPL Power station and Gas plant.  Support run from Stockton office.  29 staff work for EES/NEPCO and 4 others have costs recharged to London.
 | [NAME] |  |  |  |  |  |  |  |  |  |  |  |  |  | 545 | ETOL site purchased from ICI in 1998.  This industrial site is managed by ETOL and all energy is supplied by ETOL or through [NAME] book. Nepco UK for EE&CC in the process of being set up.  Some Caxios and other EE&CC engineers already present at Teesside.
 | Chester |  |  |  |  |  |  |  |  |  |  |  |  |  | 713 | Caxios purchased during 1999 by EE&CC.  Gas contracts at Bacton.
 | Oxford |  |  |  |  |  |  |  |  |  |  |  |  |  | 150 | Enron Direct purchased in 1997 (EES) is a retail energy operation.  The growth in the operations has been so significant that the company will be moving to bigger offices in September 2000.
 | Torpey |  |  |  |  |  |  |  |  |  |  |  |  |  | 130 | Engineering consultancy bought by EES in October 1999.
 | Liverpool |  |  |  |  |  |  |  |  |  |  |  |  |  | 18 | Head Office of the warehousing division – responsible for the warehousing and Man & Machinery temp agency accounting functions.  Four general goods warehouse – new one operational June 2000.  Five metals/cocoa storage sites (one owned).
 | Edinburgh |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | Henry Bath & Associates temp agency.
 | Immingham |  |  |  |  |  |  |  |  |  |  |  |  |  | - | Metals stored in 3rd party warehouse – no MG staff.
 | Tees & Hartlepool |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | Metals Warehouse
 | Avonmouth |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | General Goods and metals warehouses – small HB presence but warehouses operated by 3rd party.
 | Camberley |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | Henry Bath & Associates temp agency
 | [NAME] |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | Henry Bath & Associates temp agency
Asia | Tokyo, Japan |  |  |  |  |  |  |  |  |  |  |  |  |  | 11 | Official office opening end of October 2000.  Enron Metals staff have been moved into the Enron Japan office and their full integration into the Enron Japan corporation is in progress.
 | Sydney, Australia |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Tokyo middle office successfully being run from Sydney.  3 metals staff moving from Melbourne to Sydney as from 1 Nov 2000.
 | Johannesburg, South Africa |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | New origination office opened in May 2000.  Options for a new office location being explored as existing office unsuitable.
 | New Delhi, India |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | Some of the people to move into Enron New Delhi office and change status to employees.
 | Beijing, China |  |  |  |  |  |  |  |  |  |  |  |  |  | 6 | Predominantly an origination office for Enron MCC.  Options re office locations being considered due to the existence of two other Enron offices in Beijing.
 | Shanghai, China |  |  |  |  |  |  |  |  |  |  |  |  |  | 12 | Origination office for Enron MCC and Enron Metals.  Old [NAME] agents being recruited and moving
 | Hong Kong, China |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | Looking at new office options for a move on 1 Jan 2001.  Accounting function to be moved to Singapore at the same time.
 | Seoul, South Korea |  |  |  |  |  |  |  |  |  |  |  |  |  | 10 | The Seoul operation is a MG/[NAME] joint venture.  The termination of the JV is being discussed by the legal department.
 | Singapore (office)
 | Singapore (warehouse) |  |  |  |  |  |  |  |  |  |  |  |  |  | 5 | Metals and softs warehouse – acts as a standalone entity but reports monthly into Liverpool.
Americas | NY, USA |  |  |  |  |  |  |  |  |  |  |  |  |  | 45 | North American head office.  [NAME] heads the copper concentrates trading group, [NAME] heads the metals trading group (which is done on behalf of London) and T J Pimpinelli heads the broker trading area.  Most of the RW staff have moved into the MG building and the RW positions have been integrated into MG’s.  Acting as a broker for the London Softs Team.
 | Chicago, USA |  |  |  |  |  |  |  |  |  |  |  |  |  | 6 | This office trades primary aluminium on behalf of London and Aluminium scrap.  It will be changed into an Origination office by October 2000.
 | St Louis, USA |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | This is a new office set up by [NAME] and they trade copper scrap.  It will be changed into an Origination office by October 2000.
 | Montreal, Canada |  |  |  |  |  |  |  |  |  |  |  |  |  | 4 | Purchased from Barclays recently, this office is in the process of being set up.  It should be an origination office by October 2000.
 | New Orleans, USA |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | Agency warehouse  - Network Delivery
 | New Haven, USA |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | Agency warehouse -  Network Delivery
 | Los Angeles, USA |  |  |  |  |  |  |  |  |  |  |  |  |  | 18 | Agency warehouse – employees leased from Worldtec
 | Houston, USA |  |  |  |  |  |  |  |  |  |  |  |  |  | 2
 | Rio de Janeiro, Brazil |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | Rio has just one agent who works under commission and reports to London for prices and Chile/Peru for deals closing.
 | Santiago, Chile |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | Office with 3 employees. Purchase side of the deals and Chile is a big copper producer world-wide. All deals are submitted to London for approval.
 | Lima, Peru |  |  |  |  |  |  |  |  |  |  |  |  |  | 6 | Basically deals with the purchase side of the copper and zinc trades. All deals are submitted to London for approval.
 | Mexico City, Mexico |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | Agency
 |  |  | Enron trading
 |  |  | Enron origination/other non-trading business
 |  |  | Trading/origination status under review
 |  |  | JV
 |  |  | 3rd party agent
 |  |  | New project in planning phase