draft organizational announcement japan may please comments draft close business wednesday hope agreed q send announcement thursday john sent enron europe employees japan global markets vps around company enron established several wholesale businesses japan last year including metals power plant development via investment encom coal lng weather though japan continues make progress towards liberalized electricity market significant barriers power trading remain current interim market structure tangible steps taken improve third party access electricity japan suspend power marketing efforts focus significant opportunities currently exist wholesale businesses necessary regulatory changes completed expect aggressively pursue enron traditional position leading buyer seller electricity every deregulated market based changes joe hirl president enron japan move global markets group lead team focus developing global markets opportunities japan especially weather oil lng coal shipping expect continue general recruiting japanese nationals president enron japan joe continue provide overall business leadership recruiting analyst associate program japan finance origination team headed jeremy thirsk continue report joe also move global markets power trading group led morton erik pettersen transition roles around enron equity fx interest rate team part global markets two employees tokyo office today expect expand efforts throughout year encom group power plant development business minority partners headed carey sloan continue efforts developing power plants japan pleased progress making number sites encom continue report enron europe office chairman metals team headed kazunari sugimoto continue report enron metals london may expect enron credit two three employees tokyo pursing credit derivative business employees remain enron credit part enron europe ebs two employees headed jim weisser team expects expand year end industrial markets team also expects two employees tokyo office next couple months last seven months commercial support services japan transitioned london support changing jane mcbride heads legal team continue functionally report mark evans general counsel london rac function continue report ted murphy head rac enron europe risk management accounting team headed jan erland bekeng continue functionally report fernley dyson london hr tax real estate teams also continue functionally report london nick day heads public affairs group government regulatory affairs public relations japan report enron europe office chair public relations functional reporting jackie genle london government affairs functional reporting rick shappiro houston anticipate team efforts primarily directed supporting encom power plant development team also continue provide support global markets ebs industrial markets already made considerable progress breaking japanese markets across wide range enron businesses anticipate major profit center profit growth years come current changes demonstrate ability flexible target resources realise immediate value company