Key Dates for Equity Grants, etc. ,
 Thanks Sheila. Chaps, FYI:

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Here are key dates for equity grants and release dates for various long-term 
payouts:

Restricted Stock grant release from 1999 ENELTIP (struck Jan 2000) grant
  January 11  Comp Committee approves release of grant, pending outcome of 
earnings (anticipated to be 100% release) and value based on
    closing price on January 11.  Shares released to PaineWebber immediately 
(all participants have received a notice on this already).

ECT LTCP payout of phantom stock units (20% of 1997 awards and 60% of 1998 
awards)
  January 23 Payouts approved by Comp Committee
  January 24 Value determined based on closing price of stock 
  February 6 Checks and Letters issued to participants 

2000 LTI, KEYSOP and Bonus Deferral -
   January 23 Grant date for Executive LTI, KEYSOP and bonus deferral grants 
(also date for bonus approv
   February ?? Grant documents to participants anticipated to be out mid-late 
February.
 

Hope this helps


Sheila
sheila.knudsen@enron.com