Message-ID: <23270645.1075861152613.JavaMail.evans@thyme>
Date: Mon, 4 Feb 2002 16:47:55 -0800 (PST)
From: announcements.enron@enron.com
To: dl-ga-all_enron_worldwide1@enron.com
Subject: Ken Lay Resigns from Board
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Ken Lay announced today that he has resigned from Enron's Board of Directors.  His resignation is effective immediately.  

In a press release, Ken said, "I want to see Enron survive and successfully emerge from reorganization.  Due to the multiple inquiries and investigations, some of which are focused on me personally, I believe that my involvement has become a distraction to achieving this goal."

He added, "My concern is for current and former Enron employees and other stakeholders, and I feel that it is in their best interest for me to step down from the Board."