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Press Release

ENRON VOLUNTEERS JOIN WITH THE PRIVATE SECTOR INITIATIVE HOME REPAIR PROJECT TO BRIGHTEN HOMES AND MANICURE YARDS FOR ELDERLY HOMEOWNERS IN THE HOUSTON COMMUNITY

FOR IMMEDIATE RELEASE: Wednesday, October 16, 1996

HOUSTON - Team work was all it took for Enron’s volunteer group to make two aged homes look almost brand new. This past Saturday, nearly 100 Enron volunteers organized into two crews for the Private Sector Initiative (PSI) Housing and Neighborhood Revitalization Program, a non-profit, volunteer-based effort that provides home repair to elderly and disabled low-income Houstonians.

Armed with lumber, saws, hammers, paintbrushes, lawn mowers, plants and trash bags, the Enron volunteers built new wooden steps, fixed a front porch, scraped off old paint, then primed and repainted the homes. They removed dead branches, leaves, trash and debris; cut the grass and added mulch, flowers, grass and shrubbery.

“It’s amazing what great things get accomplished when everyone pulls together as a team,” said Enron President Richard D. Kinder, who spent Saturday volunteering with the Enron repair crews. “By the end of the day we had two homes that looked almost brand new.”

Enron Corp., one of the world’s largest integrated natural gas and electricity companies with approximately $15 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."

PSI is a non-profit organization that encourages private sector leadership and involvement in the identification and solution of critical community needs. Having repaired more than 2,100 homes in all of Houston’s inner-city and low-income neighborhoods, the organization secures private sector funding and in-kind donations to provide the necessary materials and man power for the home repair projects.

Twice a year, thousands of volunteers from Houston-area corporations, churches, schools, and other organizations get involved with the PSI Housing & Neighborhood Revitalization Program to improve the quality of life for all Houstonians. Volunteer groups that are interested in being involved with the Spring Home Repair Program should call the PSI at (713) 659-2511.

For additional information please contact:

Kristin Rankin

(713) 853-6374







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