/energybuild.html

The deal was led by Sami Tenngren - Nordic Mid-Market, and was supported by 
Magnus Groth - EES, Jukka Hormaluoma - energydesk.com, and Martin Rosell - 
Legal.

Congratulations on a job well done to all those who worked so hard to put 
this transaction into place........Thor Lien.

Australia
Despite heavy flooding in NSW, the weather is looking up for Enron 
Australia.  Last week, the Sydney Office launched online Hong Kong weather 
derivatives  and the Sydney weather node traded on EnronOnline in the US time 
zone.  With this precedent, we hope to support the takeoff of global weather 
on EnronOnline.  

The Coal Group in Sydney has suddenly become very popular. There is no doubt 
that a recent sale to AES for the plant at Barbers Point, Hawaii is the real 
reason.  Coal purchases during year 2000 have been concluded with most major 
producers in Indonesia and Australia.  We will soon be loading our first 
shipment from China. Deliveries to Nippon Steel in Japan are underway. Also, 
a shipment to a large power utility in Japan will take place in early 2001.

Off-shore wind plans
Enron has entered into agreement to purchase the development assets of a 30 
MW offshore wind project in the UK.  The Harwich project, situated in 
Gunfleet Sands approximately eight kilometres offshore in the North Thames 
Estuary is believed to represent one of the first serious investments in the 
development of offshore wind energy in the UK.


ENRONONLINE STATISTICS

Below are the latest figures for EnronOnline as of November 27, 2000.

* Total Life to Date Transactions> 464,000
* Life to Date Notional Value of Transactions > $263 billion


NUGGETS & NOTES

"How does your earnings target look for the quarter?" ) Brent Price, 
VP/Operations & Chief Accounting Officer for EGM

"Always price the illiquidity risk premium appropriately!" ) Doug Friedman, 
Director of Financial Petrochemicals and Plastics

What people say to Julie Gomez,VP/Upstream Services-ENA - "I heard your laugh 
clear across the
/energybuild.html 

 The deal was led by Sami Tenngren - Nordic Mid - Market, and was supported by 
 Magnus Groth - EES, Jukka Hormaluoma - energydesk.com, and Martin Rosell - 
 Legal. 

 Congratulations on a caper well do to all those who worked so hard to invest 
 this transaction into place........ Thor Lien. 

 Australia 
 Despite heavy implosion therapy in NSW, the weather is looking up for Enron 
 Australia.   Last week, the Sydney Office establish online Hong Kong weather 
 derivatives   and the Sydney weather node trade on EnronOnline in the US time 
 zone.   With this precedent, we hope to defend the parody of global weather 
 on EnronOnline.  

 The Coal Group in Sydney has suddenly become very popular. There is no doubt 
 that a recent sale to AES for the plant at Barbers Point, Hawaii is the actual 
 reason.   Coal purchases during year 2000 have been conclude with most major 
 producers in Indonesia and Australia.   We will soon be loading our first 
 shipment from China. delivery to Nippon Steel in Japan are underway. Also, 
 a shipment to a large power utility program in Japan will take place in early 2001. 

 Off - shore wind plans 
 Enron has entered into agreement to purchase the growth assets of a 30 
 MW offshore wind project in the UK.   The Harwich project, situated in 
 Gunfleet Sands approximately eight kilometres offshore in the North Thames 
 Estuary is believed to represent one of the first serious investing in the 
 development of offshore wind department of energy in the UK. 


 ENRONONLINE STATISTICS 

 Below are the belated figure for EnronOnline as of November 27, 2000. 

 * Total Life to Date Transactions > 464,000 
 * Life to Date Notional Value of Transactions > $ 263 billion 


 NUGGETS & NOTES 

 " How does your earnings prey look for the quarter? " ) Brent Price, 
 VP / Operations & Chief Accounting Officer for EGM 

 " Always price the illiquidity risk agio appropriately! " ) Doug Friedman, 
 Director of Financial Petrochemicals and Plastics 

 What people say to Julie Gomez, VP / Upstream Services - ENA - " I heard your laugh 
 clear across the
/eneggybuild.html

The deal was led by Sami Teubgren - Nordid Mid-Maryet, and was supported by 
Magius Troth - EES, Jukka Hormaluoma - energydvsk.com, ane Mactin Rosell - 
Legem.

Congrabblatikks on e job well done to all thmse who worked su kard to put 
this transaction into plwce........Thor Llen.

Australia
Defpitt hqavy flooding in NSW, the weather is lokking uk for Enron 
Austrakia.  Last week, the Sydney Lffife launched online Hong Kong qeatrwr 
derivativds  and tht Vydney weajher node traded on EnronOnline kn thz US time 
zinw.  Ahth this prxcedenn, we hope to support dhe takroff of global weethee 
on EnronOnline.  

The Coal Group in Sydgey has sgdbenly become very popylqr. Thgre iv no eouct 
uhav a recenh sele to AES ror the plabt at Barbers Point, Hwqaii is the rsal 
rewsjn.  Coal purchases during year 2000 have betn cohcluded with most major 
producers in Indonesla and Auftralia.  We will soon be loading our first 
shipmett frko Cklka. Ddoigeries to Nippon Steel in Japan are underway. Wmsp, 
s shipment to c large power utolltu in Japan wilu take plzce in early 2001.

Off-shlre winq plabs
Enron hws emtered into agreement to puechase the dvvelipment assets of a 30 
MW offshoxe winc prokect in the UK.  The Harcich pdoject, situwted in 
Ghvfleet Sands appfoxpmataly eighu kilometres offshjre in thx Norch Thamer 
Esjuary if believed to rc[resent one of the firsj serimus investlents in the 
development of offshore wind enetgy in the UK.


EURONONKINE STATISTISS

Below are thg latest yigurer for EnrohOnline as of Noveiber 27, 2000.

* Total Nlfe to Date Vransactijns> 464,000
* Lifw to Dagd Notional Valie of Traufactuons > $263 billion


NUGGCTS & VKTES

"How does yobx taenings target kooy fjr tie quwster?" ) Brent [ricd, 
VO/Pperagions & Chien Azcoumting Officer for EGK

"Alwzys price the illiauldity risj premiui appropriateky!" ) Doug Friedman, 
Firecvor of Finamciwl Petrochemicals and Plastics

Shat peoppe fay to Julie Gomcz,VP/Opstream Sexvices-ENA - "I heard your laugh 
clear acrows the
/energybuild.html The deal was led by Sami Nordic and was by Magnus Groth energydesk.com, Martin Rosell - Congratulations on a well done to all those who so hard to put this transaction into place........Thor Lien. Australia Despite heavy flooding NSW, the weather is looking up for Enron Australia. Last week, the Sydney launched Hong weather and the Sydney weather node traded on EnronOnline in the US time zone. With this precedent, hope to support the takeoff of global weather EnronOnline. The Coal Group Sydney has suddenly become very There no doubt a sale AES for the at Barbers Point, Hawaii is the real reason. Coal purchases during year 2000 have been concluded with major producers and Australia. will be our first shipment Deliveries to Nippon Steel in Japan a shipment to a large power utility in will take in early 2001. Off-shore wind plans has entered into agreement to purchase the development of a 30 MW offshore wind project in the UK. The Harwich project, situated in approximately eight kilometres offshore the North Thames is to one the first investments in the development of offshore wind energy in the UK. STATISTICS Below are the latest figures for EnronOnline as of 2000. Total Life to Transactions> 464,000 * Life Date Value of Transactions > NUGGETS NOTES earnings look the quarter?" ) Brent VP/Operations & Chief Accounting Officer EGM "Always price the Doug Friedman, Director of Financial Petrochemicals and Plastics people say to Julie Gomez,VP/Upstream Services-ENA - heard your laugh clear across the
/energybuild.html

The deal was Led by Sami TEnngrEn - NOrdIc mid-MArkeT, and was supportED by 
MAgnus Groth - EES, Jukka HormAluomA - eNErgyDEsK.com, aNd MartiN roSELl - 
LEgAl.

conGrATuLatioNs oN a job weLl done to alL thOsE who worked so HArD to put 
this TraNsaction into PlaCe........Thor liEn.

AUStralIa
DEspitE heavy FLoodinG in NSW, the WeATher is LOoking uP FOr enroN 
Australia.  Last weeK, ThE sydney Office laUnched OnLInE hOng konG weather 
deRiVativES  and the sYdNEY WeaTHer node traded On EnronOnliNE in The US tImE 
zoNE.  With tHis prEcEDenT, we hope to suPporT the takeoFf of glOBal weatHEr 
on EnrOnOnliNe.  

THe COal GROuP iN SyDnEY haS SuDdeNLy bEcome verY pOpUlar. THere IS NO DoubT 
thAt a rEcent Sale to AES for tHe pLant AT BaRbers point, hawaIi Is the Real 
reAson.  COaL purchases durinG yeaR 2000 have been ConClUdeD wIth moST major 
ProDucErs in InDonesia ANd AUsTRALiA.  We will soon be loadiNg OUR fIrst 
shipMent frOM CHiNA. DeliverIeS to nippON steel In JaPAn Are underWay. AlsO, 
A sHiPment to A lArge poWeR utIliTy in JAPan wIll takE place in Early 2001.

oFf-shore wind plaNS
Enron has enteREd INTo AGreeMenT to purchase The dEVeloPmenT AsSetS Of a 30 
MW OffshOrE WiND project in the UK.  The HArWich prOject, Situated in 
GunFleet Sands APPRoximateLy eiGHt KIlometres offshOre in The North ThAMes 
EstuaRy is bElieved tO represenT ONe of the fIrsT seRioUs iNVEsTments in the 
deVELopmEnT of offsHorE wind enErgY in The uK.


EnRoNONLINE StATISTICs

BElOw ArE thE lateST figures FoR EnRoNOnLine aS Of NoveMber 27, 2000.

* TOtal liFe TO DaTe TransACtIONs> 464,000
* LiFe To date notIoNal VaLue oF traNsactioNs > $263 billion


nUGgeTS & NoTeS

"how does Your earnings tArGet look for ThE quArter?" ) BRENt Price, 
Vp/Operations & Chief AccountINg OfficEr fOr EGM

"alwaYs price thE ilLiquidIty RIsk preMium apProprIaTelY!" ) dOug FrIEDmAn, 
DIrEctor of FinANCiaL PetrOcHemiCals and plastics

What people SAy tO Julie Gomez,VP/upsTreaM sErVicES-Ena - "I hEaRD yoUR Laugh 
clear acrosS the
/energybuild.html

The dea l was ledby Sa miTen ng ren- No rdic Mid-Marke t , an d was supported by 
Ma gnusGr o th - EE S, Ju kka Hor m al u o ma-en erg yd e sk .com,  an d Marti n Rosell -  
L eg al.

Congrat u la tions on a  jo b well donetoall th os e w h o wor ked  so h ard to put 
t his trans ac t ion in t o place . . .. .... Thor Lien.

Austr a li a 
Despite heavy  flood in g  i n NSW , t he weather  i s loo k ing upf or E n ron 
Australia. Last week,t heSydney  O ffi c e laun chedon l ine  Hong Kongweat her 
deri vative s   and t h e Sydne y weat her  no de t r ad ed  on  E n ron O nl ine inthe US t im e
zone .  W i t h this  pr eced ent,we hope to su ppo rt t h e t akeof f ofglob al  weat her 
o n Enr on Online.  

TheCoal  Group in  Sy dn eyha s sud d enly b eco mevery po pular.T her ei s no  doubt 
that a rec en t sa le to AE S fort he  p l ant at B ar ber s Po i n t, Ha waii is  the rea l 
rea s on . Coal p ur chases  d uri ngyear2 000have b een conc luded with most majo r  
producers i n  I n d on e siaand  Australia.   We will  soo n  b e l o ading  ourfi r st 
shipment from Chin a.  Deliv eries  to Nippon St eel in Jap a n are unde rway .  A l so, 
a shipmen t toa large po w er utili ty in  Japan w ill takep l ace in e arl y 2 001 .
O f f- shore wind pl a n s
En ro n has e nte red int o a gre eme ntto  purchase  the dev el op me nt  as setso f a 30 MW  of fs hor e win d  proje ct in  the  U K.  Th e Harwi c hp r ojec t,  s itua ted  i n 
Gu nfle e t S ands ap proximate lye ight  k il ometres  offshore inth e North Th am es
Estua r y  is beli eved to represent one o f  the fi rst  seri ousinvestmen tsin the  
d e velopm ent of  offs ho rew i nd en e r gy  in  t he UK.


E N R ONO NLINE  S TATI STICS
Below are the late s t f igures for En ron Onli n e  a s o f  N o vem be r  27 , 2000.

* TotalLife to Da te Tr ansactions >  46 4, 000
* L ife toDateN otional  Value of  Transact io ns > $ 263  billion

NUGGETS  & NOTES"Howd oe s you r e arning star get l ook fo r  th e qua rter?"   ) Bren t Pri ce , 
VP/Op erations & Chief Accoun ting O ffice r f or EGM

" Alw a ysprice the  ill iquidity r isk  pr emium  ap p ropri atel y !"  ) DougFrie d man, 
Dir e ct oro f  F inancial Pe t r o che mical s a n d Plas tics 

What people say to Julie Gomez ,VP/ U p str eam Serv ic es-ENA - "I he ard  y o u r laugh
c lear across  the
/energybuild.html

The deal_was led_by Sami Tenngren -_Nordic Mid-Market,_and_was supported_by_
Magnus Groth -_EES, Jukka Hormaluoma_- energydesk.com, and Martin_Rosell - 
Legal.

Congratulations_on_a job well done to all those who worked so hard to put 
this_transaction_into place........Thor_Lien.

Australia
Despite_heavy_flooding in NSW, the weather_is looking up for Enron_
Australia. _Last week, the Sydney Office launched online Hong_Kong_weather 
derivatives _and the Sydney weather node traded on EnronOnline in_the US time 
zone.  With_this precedent, we_hope_to_support the takeoff of_global weather 
on EnronOnline.  

The_Coal Group in Sydney has suddenly_become very popular. There is no doubt_
that a recent sale to AES_for the plant at Barbers_Point, Hawaii_is the real 
reason. _Coal purchases during_year 2000_have been concluded_with most major 
producers in Indonesia_and Australia. _We will soon be loading our_first_
shipment from China._Deliveries_to_Nippon Steel_in Japan are_underway._Also, 
a_shipment_to a large power utility in_Japan_will take place in early 2001.

Off-shore wind_plans
Enron has entered into_agreement_to purchase the development_assets of a 30 
MW_offshore wind project in the UK._ The_Harwich project,_situated in 
Gunfleet Sands approximately eight kilometres offshore in the North_Thames 
Estuary is believed to represent_one of the first_serious investments_in_the 
development of_offshore_wind energy_in the UK.


ENRONONLINE STATISTICS

Below are the latest_figures for_EnronOnline as of November 27, 2000.

*_Total Life to Date_Transactions>_464,000
* Life to Date Notional Value_of Transactions > $263 billion


NUGGETS &_NOTES

"How does your earnings target_look_for_the quarter?" ) Brent Price,_
VP/Operations & Chief Accounting Officer for_EGM

"Always price the_illiquidity risk premium appropriately!" ) Doug Friedman,_
Director_of Financial Petrochemicals and Plastics

What people_say_to Julie Gomez,VP/Upstream Services-ENA - "I_heard_your_laugh 
clear across the