Spreadsheet: sara_shackleton__36406__Enronsar
Sheet: Sheet1

 | Enron Benefit Plans
 | Summary Annual Report
 | The information on both sides of this page provide a Summary Annual Report for the Enron Benefit Plans.  The annual reports have been filed with the Internal Revenue Service, as required by the Employee Retirement Income Security Act of 1974 (ERISA).  Federal law requires Enron to provide you with this Summary Annual Report.
 | The report covers the period January 1, 1998 through December 31, 1998
Plan Name |  |  |  | Health Plan* |  |  | AD&D Insurance Plan |  | Life Insurance Plan |  | Long-Term Disability Plan |  | Business Travel Accident Plan |  | Savings Plan |  | Employee Stock Ownership Plan |  | Cash Balance Plan**
Employer ID Number (EIN) |  |  |  | 47-0255140 |  |  | 47-0255140 |  | 47-0255140 |  | 47-0255140 |  | 47-0255140 |  | 47-0255140 |  | 47-0255140 |  | 47-0255140
Plan Number |  |  |  | 501 |  |  | 503 |  | 504 |  | 505 |  | 514 |  | 333 |  | 335 |  | 334
Funding Arrangement |  |  |  | N/A |  |  | N/A |  | N/A |  | N/A |  | N/A |  | Trust Fund |  | Trust Fund |  | Trust Fund
Insurance Carrier |  |  |  | Self Funded |  |  | Provident Life Ins. Co. |  | Met Life |  | Prudential Ins. Co. |  | Provident Life Ins. Co. |  | N/A |  | N/A |  | N/A
Numer of Participants/Beneficiaries at Year End |  |  |  | N/A |  |  | N/A |  | N/A |  | N/A |  | N/A |  | 12513 |  | 10682 |  | 19646
Value of Plans Assets at Year End                                                  After Subtracting Liabilities |  |  | $ | 30903169 | $ | $ | - | $ | - | $ | - | $ | - | $ | 749692418 | $ | 624560798 | $ | 241866712
Net Assets at Beginning of Year |  |  | $ | 20611246 | $ | $ | - | $ | - | $ | - | $ | - | $ | 599809196 | $ | 562800616 | $ | 203433553
Increase in Net Assets |  |  | $ |  | $ | $ | - | $ | - | $ | - | $ | - | $ |  | $ |  | $
Employer Contributions |  |  | $ | 40523260 | $ | $ | - | $ | - | $ | - | $ | - | $ | 3720488 | $ | - | $ | 28000000
Employee Contributions*** |  |  | $ | 7663151 | $ | $ | - | $ | - | $ | - | $ | - | $ |  | $ | - | $ | -
Reimbursement of Benefit Payments |  |  | $ | - |  | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | 14701145
Unrealized Appreciation/(Deprec.) |  |  | $ | 1782655 |  | $ |  | $ |  | $ |  | $ |  | $ | 75666589 | $ | 177392078 | $ | 4941521
Realized Gain/(Loss) |  |  | $ | 112415 | $ | $ | - | $ | - | $ | - | $ | - | $ | 58007565 | $ | 10496080 | $ | 17168520
Investment Earnings |  |  | $ | 710881 | $ | $ | - | $ | - | $ | - | $ | - | $ |  | $ | 11599705 | $ | 5827902
Total Income/(Loss) |  |  | $ |  | $ | $ |  | $ |  | $ |  | $ |  | $ |  | $ |  | $
Total [NAME] |  |  | $ | N/A | $ | $ | 867860 | $ | 4305417 | $ | 2355914 | $ | 32690 | $ | - | $ | - | $ | -
Administrative Expense |  |  | $ | 3697018 | $ | $ | - | $ | - | $ | - | $ | - | $ | 557654 | $ |  | $ | 1718477
Benefits Paid |  |  | $ | 36803421 | $ | $ | - | $ | - | $ | - | $ | - | $ | 73791916 | $ | 137727681 | $ | 30487452
Other |  |  | $ | - | $ | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | -
Total Expenses |  |  | $ |  | $ | $ |  | $ |  | $ |  | $ |  | $ |  | $ |  | $
*  The asset values shown represent assets for the Enron Corp. Medical Plan Voluntary Employees' Beneficiary Association.
** Minimum Funding Standards
An actuary's statement shows that enough money was contributed to the plan if funded in accordance with the minimum funding standards of ERISA.
***Employee contributions include employee rollovers from other qualified plans.