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Press Release
		 ENRON ANNOUNCES INCREASED
		 EARNINGS TARGET FOR 2001 TO S
		 - $1.75 PER SHARE
		 FOR IMMEDIATE RELEASE: Thursday, January 25, 2001

	       HOUSTON -- Enron, at its annual investors confe
	       will discuss today its confidence in increasingly stri
	       business prospects for 2001. The company is comf
	       with estimates for 2001 recurring earnings of $1.7
	       $1.75 per diluted share.

	       The primary reasons and assumptions for the very
	       outlook include:

		Enron's further strengthening 6f its long-standint
	       the North American wholesale energy market, sigr~
	       expansion of its European wholesale energy businE
	       extension of Enron's business model into neW, larg
	       markets;

	       * Significant growth prospects in Enron's retail ene
	       business, including increases in expected total con
	       from record 2000 levels of $16.Lbillion to an estin
	       $30 billion in 2001;

		Substantial completion of Enron's low cost, flexib
	       scalable broadband network, expanded produd off
	       and an expected eight-fold increase in 2001 delive
	       bandwidth from strong 2000 levels; and

		Continued steady performance by Enron's interst
	       pipelines.

	       As previously announced, Enron is webcasting its
	       investor conference today beginning at 8:00 am.
	       meeting can be vieWed at www.enron.com.

	       This press release includes forward-looking
	       statements within the meaning of Section 27.'
	       Securities Act of 1933 and Section 21E ofthe
	       Securities Exchange Act of 1934: Although Er
	       believes that its expectations ar~ based on
	       reasonable assumptions, it can give no assun
	       that its goals will be achieved. Important fact
	       could cause actual results to differ materially
	       those in the forward looking statements herei

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include success in marketing natural gas and power
to wholesale customers; the ability to penetr~ite new
retail natural gas and electricity markets,.including
th~ energy outsource market, in the United States.
and Europe; deVelopment of Enron's broadband
network and customer demand for intermediation
and conteht services; and 6onditioris of the cnpital
markets and &~uity markets during the ~erio'ia
covered by the forward Idoking statements~  if

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ASp additional in formation please contact:

Mark Palmer

(713') 853-4738


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