Enron Certifies Creditor Vote on Joint Chapter 11 Plan
May 27, 2004

HOUSTON – Enron Corp. and its affiliates announced today that it has filed with the U.S. Bankruptcy Court the certification of the vote by creditors for Enron’s Joint Chapter 11 Plan.

Of the Plan classes in which votes were received, 104 classes overwhelmingly voted to accept the Plan and only seven classes voted to reject the Plan. These seven classes are: Enron Power Marketing, Inc. (general unsecured); Enron Broadband Services (general unsecured); Enron North America Upstream (general unsecured); Clinton Energy (general unsecured); Risk Management & Trading Corp. (general unsecured); Portland General Holdings (general unsecured and convenience class).

“We are pleased that we have sufficient votes to confirm the plan,” said Stephen F. Cooper, Enron’s acting CEO and chief restructuring officer. “We will continue to work with these few dissenting classes to address their issues, answer their questions, and hopefully reach a positive resolution by our June 3 confirmation hearing.”

In order for a creditor class to have accepted the Plan, two-thirds of the dollar amount represented by the class and more than 50 percent of the number of creditors is required. Enron and its affiliates expect to file an amended certification of the vote on or before the beginning of the confirmation hearing.

To view the filing, click here.

Enron’s Internet address is www.enron.com