HOUSTON – Enron Corp. announced today that William Powers, Jr. has resigned from the Board of Directors, effective immediately.

“On Oct. 31, 2001, I was asked to join the Board for the purpose of chairing the Special Investigative Committee to investigate the related party transactions. I have completed that task,” Powers wrote in a letter to the Board. “I now need to devote all of my energies to being Dean of the University of Texas School of Law.”

Enron delivers energy and other physical commodities and provides other energy services to customers around the world. Enron’s Internet address is www.enron.com.