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	PaineWebber Confirmation
PAINEWEBBER INCORPORATED	i PAGE 1 OF 1
109 NORTH POST OAK LANE	Account Number HM 01206
SUITE 150	Your Financial Advisor
HOUSTON, TX 77024	EMERY FINANCIAL GROUP 713-957-7000
0041005076	HM 01206 0 0004
	JEFFREY K SKILLING
	1912 NORTH BLVD
	HOUSTON TX 77098-5418
a
We confirm the following transaction	
	Payment datel
Trade activity	Trade date Date processed Settlement date
SOLD	02/07/2001 02/07/2001 02/12/2001
;..
ORN ....	
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.. 4< .... _mri _~	9rll
39123 500 ENRON CORP	81.07 $40,535.00 $30.00 $1.36 540,503.64
UNSOLICITED	
RULE 144	
Commission/Ma'	-kup charge 06.00 cents per share
Order taken b	EMERY FINANCIAL GROUP
SYMBOL ENE	CUSIP NO. 293561106
Location of E	ecution: 01 Ca acit A ent
011 MIM	
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It is important that you retain this trade confi	ation for your tax and financial records. When remittances/securities are due, they must be received by us at the address above on or before the
payment/settlement date. Payments not recelvd	d by the settlement date may be subject to a late settlement tee. Please indicate your account number on your check or correspondence.
Make checks payable to PaineWebber Incorpor	ated. Please see the back of this confirmation for additional terms and definitions applicable to this transaction.
	
I	

GOVERNMENT
EXHIBIT
  1954
  Crim. No. H-04-25 (S-2)