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FOR IMMEDIATE RELEASE: Monday, June 17, 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 June, payable
July 1, 1996 to stockholders of record as of June 28, 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 June, payable July 1, 1996 to holders of record
as of June 28, 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 60 percent of Enron Oil & Gas
Company, one of the largest independent (non-integrated) exploration
and production companies in the United States; owns 55 percent
of Enron Global Power & Pipelines L.L.C., which is owner and
manager of operating power plants and natural gas pipelines in
emerging markets; 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
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