=============
Page 1 of 1
=============

t7
'Z
'"n
O
  M
IZ
r rj
Jv Z
  O
N N
J
O
  O
N
m
CJ1

EXH008-00524

PAINEWEBBER INCORPORATED
109 NORTH POST OAK LANE
SUITE 150
HOUSTON, TX 77024
', D041006444


We confirm the following transaction

Trade activity
SOLD

Trade date
1/10/2001

50410 2,500 ENRON CORP 1 70.162500

  PaineWebber Confirmation

  PAGE 1 OF 1
Account Number H14 01206
  Your Financial Advisor
  EMERY FINANCIAL GROUP 713-957-7000
HM 01206 0 0004
JEFFREY K SKILLING
  1912 NORTH BLVD
  HOUSTON TX 77098-5418
IL,d1,,,ill,,,1,L,1,d„IJ„1„L„ll11.111 L,I,IIoLI
  Payment date/
Date processed Settlement dat,
01/10/2001 01/16/2001
  13'5 ¢t v O x~~`t ~' - ~c~f
~..£ C~z~ug _ _ n res'~3,d~¢ ` argaTr ' .Q~„3~ayTO
$175,406.25 $150.00 $5.85 n 5175,250.40

  UNSOLICITED
RULE 144

  Average Priced Trade
  Commission/Markup charge 06.00 cents per share
Order taken by EMERY FINANCIAL GROUP

  SYMBOL ENE CUSIP NO. 293561106

it is important that you retain this trade contirn{atlon 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 receln 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 Incorporated. Please see the back of this confirmation for additional terms and definitions applicable to this transaction.
PaineWehher Incorpor r e a i wholly owned hcidiary of Paine W hher Group Inc
  I

GOVERNMENT
EXHIBIT
  1938
  Crim. No. H-04-25 (S-2)