Message-ID: <26713978.1075844037141.JavaMail.evans@thyme> Date: Thu, 19 Oct 2000 10:24:00 -0700 (PDT) From: office.chairman@enron.com To: all.worldwide@enron.com Subject: Organizational Changes Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Office of the Chairman X-To: All Enron Worldwide X-cc: X-bcc: X-Folder: \Michelle_Lokay_Dec2000_June2001_1\Notes Folders\All documents X-Origin: LOKAY-M X-FileName: mlokay.nsf Changes in Enron's business require us to reevaluate how we approach the engineering and construction function within Enron. Specifically, Enron Energy Services' (EES) business has grown dramatically and that requires considerable additional engineering and construction resources both to develop solutions for customers and to deliver those solutions to customers. Additionally, in light of Enron's continued emphasis on increasing our return on invested capital, we have been engaged in fewer large scale construction projects around the world. Historically, these projects have been a primary focus of EECC's activities. Consequently we are making the following organizational changes concerning EECC: EECC's pipeline construction group, led by Jerry Martin, will become part of Enron Transportation Services. NEPCO will continue to operate as a stand alone entity focused on power plant construction services to Enron entities and third parties. The remainder of EECC will become part of EES. Larry Izzo will report to the EES Office of the Chairman. These changes will better align our intellectual capital with the growth opportunities within Enron and provide new and exciting opportunities for our employees. Please join us in supporting and implementing these changes.