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Press Release

FOR IMMEDIATE RELEASE: Thursday, August 15, 1996

Houston -- The Board of Directors of Enron Global Power & Pipelines L.L.C. (EPP) today declared a third quarter dividend of $0.22 per share, payable September 16, 1996 to shareholders of record August 30, 1996, with an indicated annual rate of $0.88 per share.

EPP's assets consist of interests in natural gas pipeline systems in Argentina and Colombia, two power plants in the Philippines and one power plant each in Guatemala and the Dominican Republic.

Enron Global Power & Pipelines L.L.C., owned approximately 59 percent by Enron Corp., is traded on the New York Stock Exchange under the ticker symbol "EPP".

For additional information please contact:

Diane Bazelides

713-853-6285







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