October 1998                           Page lot 2

PaineWebber

PAINEWERSER INC
HERITAGE PLAZA
1111 BAGAY STREET. SUITE 5100.
HOUSTON4 fl( 77002-9960   -.
NZ6L046406-X8  - 5098- US -

Net account value on September30    $   -2.440,088.19
Net account value on October 30     $          .00  *
 act ides wip,ted asse& See back for details.

Investment Accouiit

Account Number KS 71827 ES


Your Investment Executive
EMERY-           713654-0200

Earnings and capital return summary                                                         .      .  .
Earnings below Are classified as taxable or non-arabIa based on the tax status for the specific securi4' on which the earnings are
received and does not attempt to reflect your accounts apecific tax status or tapotting requirements). Lisa only official tax rapofling   . -
documents (Ag 1099) for tax reporting putposes. .me classification of Qirect/Pdvete investment distrIbutions Can only be determined         -
by referring fo the offloal vtiar'end tax reporting docvmant p,o,dttd by the it,-we, -,.................
					 -       Current ooried                                      -      - Year-to-date

JEFFREY IC SKILLING
1912 NORTH BLVD
HOUSTON.

TX 77098-5418

	     Taxable     ...
	     PainoWobber Money fund dividends

	      Other dividends:
	      Total tAxable earnings/capItal rnturn

							     $

							     S

								~~*~  S
										S
										   $
								      00
								      00
								 too               $

										     A    34414 ~~-"

											       j'<.

			    5.7          , .             .                        -


	      Investment objectives                       -
	      The following rehan ot4ecti~a and risk profits descdb6 the overall goats for this accounti For each account you hold, you choose one..
	      return objective and a primary and, if applicable, secoyidaty risk proflia ~4 foil dasalpriori of the alternatives is included on the.
	      reverse side of pegeone ofthtsstaten,ent If yoti have any questions regarding these objectives or wish to change theio....
	      blea~a contact your tnvestrnent ExecutIve or the &snch Manager at your branch office. -. ,
	      Return objecting Current income & capital appreciation              .  -  . .  - t   -
	      Risk profile:    .. Primary: Moderate  -              ..    Secondary: None Selected

	 Activity

													      Bulletin Board                    -~
													      IT IS IMPORTANT TO REVIEW YOUR PORTFOLIO
													      WITI-IVOUR INVESTMENT EXECUTIVE TOLIMIT.THE
													    A IMPACT OF MARKET VOLATILITY ON YOUR
													      INVESTMENTS.          -
													      t


															    -S ~

					    -.    A     ~

	      Date.  Actaqty..     Description . -. r                      .           -.                  . . Quantity   K   -  Prlcs/Value/Cod,n,ent -
								.4

	      09/30................~lanca forward -.,
	      lo/61  CANCELOF
		 -   WIThDRAWAL
	      10/tO DELIVER '.~" CREDIT CASH BAUNCE
					  0126103962092908
	      10/19 TRANSFER       TO I-IS 54630 5100

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	      Continued on page 2


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October1998                             Account Number F-IS 71827 ES
					Your Investment Executive
				      - EMERY
					713 654-0200

Page   2o1  2

PaineWebber

Investment Account

   Activity - continued
   Data  Activity       Oesc4tption                                                   Quahtity       Pica! Valus / Con, vent        Amount

   10/19 SOLD           ENRON CORP (OREGON) UNSOLICITED                             -17548.000             51.380300             900,217.66

10119 TRANSFER
10/20 WIThDRAWAL
10130

RULE 144.
ENRON CORP (OREGON) FM HS 54830 5100
FEDERAL FUNDS
Closing balance       -

1~

17,548.000 -

922,375.52

       -434.880.79
$            .00

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