============= Page 1 of 1 ============= First Quarter 2000 ENRON CORP. Table 2b - Results by Segment (Unaudited: in millions, except per share amounts) Non- Recurring Recurring Total IBIT: Transportation and Distribution: Transportation Services $ 128 $ $ 128 Portland General 105 105 Wholesale Services 429 429 Retail Energy Services (a) 6 6 Broadband Services - - Corporate and Other (44) (44) IBIT 624 - 624 Interest and Related Charges, net 161 161 Dividends on Preferred Securities of Subsidiaries 18 18 Minority Interests 35 35 Income Tax Expense 72 72 Net Income 338 - 338 Preferred Dividends (b): Second Preferred Stock 4 4 Series B Preferred Stock 16 16 Earnings on Common Stock $ 318 $ - $ 318 Average Number of Shares Used Basic 722.5 Diluted 851.9 851.9 851 9 Earnings per Common Share: Basic $ 0.44 Diluted $ 0.40 $ - $ 0.40 (a) See Table 3b. (b) The Second Preferred Stock and the Series B Preferred Stock are both dilutive in the first quarter of 2000. EXH010-01308