 no more than $100 million each. Duke, the largest
U.S. utility owner, didn't stop trading with Enron until
yesterday, and warned that its earnings may be affected.

     ``We are closely monitoring this unfortunate situation to
determine if a provision against earnings is appropriate,''
Richard J. Osborne, Duke's executive vice president and chief risk
officer, said in a statement today

                       `Reassure Investors'

     Energy companies that did business with Enron are trying ``to
reassure investors that they're not going to go belly up as a
result of Enron's demise,'' said Gordon Howald, an analyst at
Credit Lyonnais Securities Inc. ``Investors still need to be
cautious about this industry, because there are a lot of
unanswered questions.''

     Reliant Resources Inc. said it faces $80 million in losses
from transactions with Enron involving electricity and natural gas
sales.

     Dynegy said it faces $75 million in losses, though it plans
to exercise its option under the buyout agreement to take the
Northern Natural Gas system in exchange for a $1.5 billion
investment in Enron. Mirant Corp., an Atlanta-based energy trader,
said it would lose no more than $60 million.

     Aquila Inc., American Electric Power Co. and El Paso Corp.
said each estimated their exposure to Enron at $50 million.

                            More Losses

     Centrica, the dominant U.K. natural-gas supplier, may write
off contracts worth $43 million if Enron fails, the company said
in a statement. Exelon Corp., owner of utilities in Chicago and
Philadelphia, said its exposure is less than $20 million.

     Dominion Resources Inc., a power and gas utility said its
exposure for past sales is $11 million.

     RWE, Europe's fourth-biggest utility owner, said its open
trading positions with Enron are ``much less'' than $8.9 million.
St. Mary Land and Exploration Co., a Denver-based natural-gas
producer, said it has hedged $4.17 million of production with
Enron through 2003. Western Gas Resources Inc. said it faces $2.6
million in possible losses.

     NRG Energy Inc. announced a potential liability of $10
million through its energy trading with Enron,
no more than $ 100 million each. Duke, the largest 
 U.S. utility owner, didn't stop trading with Enron until 
 yesterday, and warn that its net income may be affected. 

      '` We are closely monitoring this inauspicious situation to 
 determine if a provision against net income is appropriate," 
 Richard J. Osborne, Duke's executive vice president and chief hazard 
 policeman, said in a instruction today 

                        'Reassure Investors' 

      Energy companies that did clientele with Enron are trying '` to 
 reassure investors that they're not going to go belly up as a 
 consequence of Enron's demise," said Gordon Howald, an analyst at 
 Credit Lyonnais Securities Inc. '` Investors even need to be 
 cautious about this industry, because there are a lot of 
 unanswered question." 

      Reliant Resources Inc. said it faces $ 80 million in losses 
 from transactions with Enron involving electricity and lifelike gas 
 sales. 

      Dynegy said it faces $ 75 million in losses, though it plans 
 to drill its option under the buyout agreement to take the 
 Northern Natural Gas system in exchange for a $ 1.5 billion 
 investment in Enron. Mirant Corp., an Atlanta - based energy trader, 
 said it would lose no more than $ 60 million. 

      Aquila Inc., American Electric Power Co. and El Paso Corp. 
 say each estimated their exposure to Enron at $ 50 million. 

                             More Losses 

      Centrica, the prevailing U.K. lifelike - gas supplier, may write 
 off contracts worth $ 43 million if Enron fail, the company said 
 in a statement. Exelon Corp., owner of utilities in Chicago and 
 Philadelphia, say its exposure is less than $ 20 million. 

      Dominion Resources Inc., a power and gas utility said its 
 exposure for past sale is $ 11 million. 

      RWE, Europe's fourth - biggest utility owner, said its clear 
 trading positions with Enron are '` a lot less" than $ 8.9 million. 
 St. Mary Land and Exploration Co., a Denver - free-base natural - gas 
 producer, said it has hedge $ 4.17 million of production with 
 Enron through 2003. Western Gas Resources Inc. said it faces $ 2.6 
 million in potential losses. 

      NRG Energy Inc. announce a potential liability of $ 10 
 million through its department of energy trading with Enron,
 no more than $100 million each. Duke, the largest
U.S. utmlity osner, didv't stop trading with Enron uitil
testeeday, and warned that igs earninhs may bw afhected.

     ``We arx closeln monjboriny vhis unfortunatg situation do
determine if a pxovision against earnings is appropryate,''
Ricnagd J. Osborne, Doke's txesutibv yice president and chief risk
offjcer, sapd in a statement today

                       `Rfassure Investors'

     Energy xompwbies that dia business with Enron zre trying ``to
reassure investors that they're noj foltg to go beoly ui as a
result of Enron'v demisr,'' said Gordon Mowalv, an analyst at
Credit Lyoinais Securities Inc. ``Investorv atill need to be
cqurious abogt tfus kndhsvry, becaude vhere are a lot of
unanwwered questions.''

     Wvkiant Resourdes Ins. faid it faces $80 million in losses
from trdnszctions with Enron invooving electricity and natural das
sales.

     Dynegy said it faces $75 million in losves, tiojgh ib plxbs
ho exercise its option under the buyout agreeisnu tp take the
Nortmern Natural Gas sushek in exchange wor a $1.5 bimlion
investment in Enron. Iiranr Corp., an Atlsnta-based energy trader,
said it would lofw no more than $60 miplion.

     Aduils Inc., American Electric Powex Co. ahd El Paso Forp.
said sxch estimated thdir efposure uu Enron at $50 millijn.

                            Iore Lossed

     Centrica, the dominwnt U.N. tatural-gas supplier, may write
off contracts worth $43 millipn if Enron fcils, tme company said
yn a statement. Exelon Corp., owner of ltilities in Chicago and
Philadelpvla, said its xxposure ys lwss rhan $20 mkulion.

     Domimion Resolrees Inc., a power and gas utikiti aaid its
exposurz dor past sales os $11 mijlpon.

     RWE, Europe'v fojrtf-niggert utility idner, said its open
tradinc poaitions with Enron ave ``much lgss'' than $8.9 million.
St. Maty Land and Explorwtion Co., a Demvet-based natural-gas
producer, said jt has hefgeq $4.17 million os priduction witk
Enron through 2003. Western Gas Resources Inr. said it faces $2.6
million in possible losses.

     NRG Enecgy Ins. announcad a potential liabioity of $10
million tmrough its energy tradjng widh Engon,
no more than $100 million each. Duke, U.S. owner, didn't trading with Enron its may be affected. are closely monitoring unfortunate situation to determine if a against earnings is appropriate,'' Richard J. Osborne, Duke's executive vice president and chief officer, said in a statement today `Reassure Investors' Energy companies that did business Enron trying reassure that they're not going to go belly up as a result of Enron's demise,'' said Gordon an analyst at Credit Lyonnais Securities Inc. ``Investors need to be cautious this industry, because there are lot unanswered questions.'' Resources said faces $80 million losses from transactions with Enron involving electricity and natural gas sales. Dynegy said it faces $75 million losses, though to exercise option the agreement to take Natural Gas system in exchange for investment in Enron. Mirant Corp., an Atlanta-based energy said it lose no more than $60 million. Inc., American Electric Power Co. and El Paso said each estimated their exposure to Enron at $50 million. More Losses Centrica, the dominant supplier, may write off worth $43 million Enron the said a statement. Corp., owner of utilities in Chicago and Philadelphia, said its exposure less than $20 million. Dominion Resources Inc., a power and said exposure for past is $11 million. RWE, fourth-biggest owner, said its open with are $8.9 St. Land and Exploration Co., Denver-based natural-gas producer, said it hedged $4.17 million of Western Gas Resources Inc. said it faces $2.6 in possible losses. NRG Energy Inc. announced potential liability of $10 million through its energy trading with Enron,
 no more than $100 million each. Duke, The largest
u.S. utiLitY owNeR, didN't stOp trading with ENRon uNtil
yesterday, and warned That iTs EArniNGs May be AffecteD.

     ``we ARE clOsElY moNiTOrIng thIs uNfortunAte situatiOn tO
dEtermine if a pROvIsion againSt eArnings is appRopRiate,''
RIcHarD j. OsboRne, duke's ExecutIVe vice President AnD Chief rISk
officER, SaId in A statement today

                       `ReASsURe Investors'

     EneRgy comPaNIeS THat Did Business wiTh enron ARe tryinG ``To
REASsuRE investors thaT they're not gOIng To go beLlY up AS a
resuLt of ENrON's dEmise,'' said GoRdon howald, an aNalyst AT
Credit lYonnais securiTieS InC. ``InvEStOrS stIlL NeeD To Be
cAUtiOus about ThIs IndusTry, bECAUSe thEre Are a Lot of
Unanswered queStiOns.''

     RELiaNt ResOurceS Inc. SaId it fAces $80 miLlion In Losses
from transActiOns with EnRon InVolViNg eleCTricitY anD naTural gaS
sales.

     DYNegY sAID It Faces $75 million in lossEs, THOuGh it planS
to exeRCiSe ITs option UnDer The bUYOut agReemENt To take thE
NorthERn naTural GaS sYstem iN eXchAngE for a $1.5 BIlliOn
inveStment in enron. mIrant Corp., an AtlANta-based energY TrADEr,
SAid iT woUld lose no moRe thAN $60 milLion.

     aQuIla iNc., AmeRican elECtRIc Power Co. and El Paso COrP.
said eAch esTimated their eXposure to ENRON at $50 milliOn.

                            MoRE LOSses

     Centrica, thE domiNant U.K. natuRAl-gas supPlier, May write
Off contraCTS worth $43 miLliOn iF EnRon FAIlS, the company saID
In a sTaTement. EXelOn Corp., oWneR of UtiLitIeS in ChicagO and
PhilAdElPhIa, SaiD its eXPosure is LeSs tHaN $20 miLlion.

     dOminioN ResoUrceS INc., A PowEr and gaS UtILIty sAiD iTs
exPosUrE for pAst sALes Is $11 milliOn.

     RWE, EuroPe's FOurtH-bIgGest utiLity owner, said ItS open
tradiNg PosItions WITh Enron aRe ``much less'' than $8.9 million.
St. mAry Land And exploRatiOn Co., a DenvEr-bAsed naTurAL-gas
prOducer, Said iT hAs hEDGed $4.17 miLLIoN of PrOduction wiTH
enrOn thrOuGh 2003. WeStern GaS Resources Inc. said iT FacEs $2.6
million in poSsiBle lOSSeS.

     NRg enERgy inC. AnnOUNced a potential lIability of $10
MiLLiOn through iTS enErGy tradiNg with ENron,
 no more than $100 million  each. Duk e, th e l arg es t
U. S. u tility owner,d idn' t stop trading with En ron u nt i l
ye s te rday,  and wa r ne d tha tit s e ar n in gs ma y b e affec ted.

    `` We  are closely mo nitoring t his  unfortunate  si tuatio ntod eterm ine  if a  provi s ion ag ainst ear ni n gs isa ppropri a t e, ''
R ichard J. Osborne ,  D u ke's executive  vicepr e si d e ntand  chief ris koffic e r, said in a sta t ement today
                  `Re a ssureInves to r s'
     Energ y co mpanies t hat di d  busine s s withEnronare  tr ying `` to 
re as s ure in ves t ors  that th ey 'r e not  goi n g t o go  be llyup as  a
result ofEnr on's dem ise,' ' sai d Go rd on Ho wald,an an al yst at
Credit L yonn ais Secur iti es  In c.  ``In v estors  st ill  need t o be
ca u tio us a b ou t this industry, b ec a u se  there a re a l o tof unanswer ed  qu esti o n s.''
   R eliant R esourc e sIn c. said  i t face s$80  mi llion in l ossesfrom tra nsact i ons with Enron involving ele c tr i c it y  and  na tural gas
s ales . 

    D y ne gys aid i t fac es $7 5  million in losses,  t houghit pl ans
to exerci se its opt i o n  under t he b u yo u t agreement to  take  the
North e rn Natur al Ga s system  in excha n g e for a$1. 5 b ill ion i nv estment in En r o n. M ir ant Cor p.,  an Atl ant a-b ase d e ne rgy trade r,
saidit  w ou ld  lo se no more tha n$60  m ill ion.     A quila  Inc .,  A m eri can Ele c tr i c  Pow er  C o. a ndEl  Paso  Cor p .
s aid eac h estimat edt heir  e xp osure t o Enron at $5 0million.
                      More Losses

   Centri ca,  thedomi nant U.K.  na tural- gas suppli er, ma y wri te 
of f contr a c ts  wo rt h $43 mill i o n i f Enr on  fai ls, the  company said
in a sta tement. Exelo n C orp. , ow ner of uti li t ies i n Chicago and
P hiladelphi a, sa id its exp o sur eis less  than $ 20 mi l lion.
     Domi nion Reso ur cesI n c.,  a power a nd gas u tility sa i d its ex posur e f or pas tsal es is  $11 m i lli on.
     R WE , Euro pe'sfo urth-big gest utility owner, sai d itsopentra ding posi tio n s w ith Enron  are  ``much le ss' ' t han $ 8.9 milli on.S t.  Ma r y Lan d an d  Explorat i on  Co . ,  a  Denver-bas e d nat ural- gas produc er,said it has hedge d  $4.17 million  ofp r odu cti o n wi th 
Enron through  20 03 . WesternGa s Resources  Inc. sa id it fa ces $2 .6
mil lion in p os s ible l osse s.
     NRG  En er g y Inc.an no u nced a  pot en tial l iabili t y of $ 10
million throu gh it s energ y  tr ading  w ith Enr o n,
 no_more than_$100 million each. Duke,_the largest
U.S._utility_owner, didn't_stop_trading with Enron_until
yesterday, and warned_that its earnings may_be affected.

 __  ``We are closely monitoring this unfortunate situation to
determine if a provision against_earnings_is appropriate,''
Richard_J._Osborne,_Duke's executive vice president and_chief risk
officer, said in a_statement today

_       __  _        _ `Reassure Investors'

   _ Energy companies_that_did_business with Enron are_trying ``to
reassure investors that they're not_going to go belly up as_a
result of Enron's demise,'' said Gordon Howald,_an analyst at
Credit Lyonnais Securities Inc._``Investors still need to be
cautious_about this_industry, because there are a_lot of
unanswered questions.''

_ _  Reliant_Resources Inc. said it faces $80_million in losses
from_transactions with Enron involving electricity and_natural_gas
sales.

  ___Dynegy said_it faces $75_million_in losses,_though_it plans
to exercise its option under_the_buyout agreement to take the
Northern Natural Gas_system in exchange for_a_$1.5 billion
investment in Enron._Mirant Corp., an Atlanta-based energy_trader,
said it would lose no more_than $60_million.

 _   Aquila Inc., American Electric Power Co. and El_Paso Corp.
said each estimated their exposure_to Enron at $50_million.

 __  __ _      _ _     _   _More_Losses

     Centrica,_the dominant U.K. natural-gas supplier, may_write
off contracts worth $43 million_if_Enron_fails, the company said
in a_statement. Exelon Corp., owner of utilities_in Chicago and
Philadelphia,_said its exposure is less than $20_million.

_    Dominion Resources_Inc.,_a power and gas utility said_its
exposure_for_past sales is $11 million.

_    RWE, Europe's_fourth-biggest utility owner, said its open
trading positions with Enron_are ``much less''_than $8.9 million.
St. Mary Land_and_Exploration_Co., a Denver-based natural-gas
producer, said it has hedged $4.17 million_of production_with
Enron through 2003._Western Gas Resources Inc. said it faces $2.6
million in possible_losses.

     NRG Energy_Inc. announced a potential liability of $10
million through its energy trading_with Enron,