HOUSTON – As previously announced, Enron is continuing to review and evaluate the information and allegations in the report of the Special Investigative Committee of the Board of Directors. In connection with that review, Enron announced today that the company has terminated Richard A. Causey, formerly executive vice president and chief accounting officer, and Richard B. Buy, formerly executive vice president and chief risk officer, effective immediately.

Stephen Cooper, acting chief executive officer and chief restructuring officer of Enron, said, “The Board and I, together with the many hard-working employees of the company with whom I have met, are dedicated to restructuring this company and emerging from Chapter 11 as an operating business. The new Enron and its Board are committed to ensuring that communication within the company is open and free-flowing, particularly as to any matters of professional concern regarding Enron’s business affairs.”

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.