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Press Release

ENRON GLOBAL POWER & PIPELINES L.L.C. ANNOUNCES SECOND QUARTER DIVIDEND

FOR IMMEDIATE RELEASE: Tuesday, May 14, 1996

Houston -- The Board of Directors of Enron Global Power & Pipelines L.L..C. (EPP) today declared a second quarter dividend of $0.22 per share, payable June 14, 1996 to shareholders of record May 31, 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 a power plant in Guatemala.

Enron Global Power & Pipelines L.L.C., owned approximately 52 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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