---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/21/2000 
05:03 PM ---------------------------
   
	Enron North America Corp.
	
	From:  Press Release @ ENRON                           01/21/2000 12:51 PM
	

To: All Enron Worldwide
cc:  
Subject: ENRON HOSTS ANNUAL ANALYST CONFERENCE PROVIDES BUSINESS OVERVIEW AND 
GOALS FOR 2000

HOUSTON - Enron Corp. hosted its annual equity analyst conference today in 
Houston.  Ken Lay, Enron chairman and chief executive officer, opened the 
conference by highlighting Enron,s tremendous growth across all businesses 
and the outstanding 700 percent return to shareholders over the past decade.
Enron presented key objectives for 2000:
? Continued strong growth in the core Wholesale Energy businesses.
? Break-out performance from Retail Energy Services.
? Rapid development of Enron Broadband Services.

Enron,s ability to extend core skills and competencies to new markets was a 
recurring theme throughout the day.

Wholesale Energy Business
Growth prospects remain strong for Wholesale Energy Operations and Services, 
Enron,s largest business.  Wholesale energy growth in North America is 
expected to be driven by the continuing deregulation of power markets in the 
United States and large-scale energy outsourcing by utilities and large 
energy consumers.  Enron expects to continue to broaden its early lead across 
the European continent as markets quickly open to competition.  Finally, 
Enron is rapidly expanding its wholesale presence in other markets such as 
Japan, where large customers will be permitted to choose their electricity 
provider in March 2000.
EnronOnline will provide additional wholesale growth as incremental sales are 
generated through this innovative, Internet-based transaction system.  Over 
450 customers around the world have used EnronOnline and over 10,000 
transactions have been completed since its introduction in late November 
1999.  Yesterday, EnronOnline transaction levels reached a new record with 
over 700 transactions, representing a notional value of $250 million.  
Transaction processing costs with EnronOnline are significantly lower than 
costs associated with traditional transaction methods.
Enron,s Gas Pipeline Group is also well positioned to continue growing, with 
expansions planned or underway on several of its systems.

Retail Energy Services
With over 16,500 facilities under management, the infrastructure is in place 
to service customers worldwide.  As the strong contracting momentum 
continues, Enron Energy Services is poised to rapidly increase earnings in 
2000.  Enron Energy Services, goal for 2000 is to sign new contracts 
representing $16 billion in future expenditures by customers for energy and 
energy services, nearly double the level in 1999.

Enron Broadband Services
The new name of Enron,s communications business, Enron Broadband Services, 
reflects its role in the very fast growing market for premium broadband 
services.  Enron is deploying an open, flexible global broadband network 
controlled by software intelligence, which precludes the need to invest in a 
traditional point-to-point fiber network.  This Enron Intelligent Network is 
widely interconnected to both other wholesale bandwidth carriers and to 
Internet service providers, thus providing the platform for two new Enron 
business centers, bandwidth intermediation and broadband content delivery.
A direct transfer of Enron,s core market making and risk management skills 
from its energy businesses, bandwidth intermediation will provide 
capacity-holders a vast array of alternatives for flexible, low cost 
capacity.  Enron will also provide premium broadband content services, such 
as high-quality video-streaming and large broadband file transfer, with 
differentiated levels of quality in a usage-based business model.
As announced in a separate release, Enron also reached an agreement with Sun 
Microsystems that provides for accelerated development of broadband Internet 
services.
Enron is one of the world,s leading electricity, natural gas and 
communications companies.  The company, which owns approximately $34 billion 
in energy and communications assets, produces electricity and natural gas, 
develops, constructs and operates energy facilities worldwide, delivers 
physical commodities and financial and risk management services to customers 
around the world, and is developing an intelligent network platform to 
facilitate online business.  Enron,s Internet address is www.enron.com, and 
the stock is traded under the ticker symbol, &ENE.8
##
This press release includes forward looking statements within the meaning of 
Section 27A of the Securities Act of 1933 and Section 21E of the Securities 
Exchange Act of 1934. Although Enron believes that its expectations are based 
on reasonable assumptions, it can give no assurance that its goals will be 
achieved.  Important factors that could cause actual results to differ 
materially from those in the forward looking statements herein include 
political developments in foreign countries, the ability to penetrate new 
wholesale and retail natural gas, electricity and broadband services markets, 
including the energy outsource market, in the United States and Europe, the 
timing and extent of changes in prices for crude oil, natural gas, 
electricity and those relating to broadband services and content, the timing 
and effect of changes in interest rates, the timing and success of Enron,s 
efforts to develop domestic and international power, pipeline, 
communications, internet-related and other infrastructure projects, and 
conditions of the capital markets and equity markets during the periods 
covered by the forward looking statements.