You are here:  >>enron.com  >>Press Room  >>Press Releases  >>1996
spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer


Press Release

Enron Capital LLC and Enron Capital Resources, L.P. Announce Dividends on Cumulative Preferred Securities

FOR IMMEDIATE RELEASE: Friday, August 16, 1996

HOUSTON -- Enron Capital LLC, a wholly owned subsidiary of Enron Corp., announced today the declaration of its monthly dividend of $0.166667 on the Enron Capital LLC 8% Cumulative Guaranteed Monthly Income Preferred Shares for the month of August, payable September 3, 1996 to stockholders of record as of August 30, 1996. The annual dividend rate is $2.00.

Enron Capital Resources, L.P., a Delaware limited partnership in which Enron Corp. is the sole general partner, announced today the declaration of its monthly dividend of $0.1875 on the Enron Capital Resources, L.P. 9% Cumulative Preferred Securities, Series A, for the month of August, payable September 3, 1996 to holders of record as of August 30, 1996. The annual dividend rate is $2.25.

Enron Corp., one of the world's largest integrated natural gas companies with approximately $13 billion in assets, operates the largest natural gas transmission system in the Western Hemisphere and the second largest system in the world; is the largest purchaser and marketer of natural gas and the largest non-regulated marketer of electricity in North America; produces and markets natural gas liquids worldwide; owns 59 percent of Enron Oil & Gas Company, one of the largest independent (non-integrated) exploration and production companies in the United States; owns 59 percent of Enron Global Power & Pipelines L.L.C., which is owner and manager of operating power plants and natural gas pipelines around the world; and is one of the largest independent developers and producers of electricity in the world. Enron Corp. is traded under the ticker symbol, "ENE."

For additional information please contact:

Diane Bazelides

(713) 853-6285







spacer