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Press Release

ENRON CORP. TO ISSUE 12 MILLION SHARES OF COMMON STOCK

FOR IMMEDIATE RELEASE: Tuesday, February 02, 1999

HOUSTON - Enron Corp. (NYSE: ENE) announced today that it intends to issue 12 million shares of common stock through an underwritten offering in the near future. The offering, which represents an approximate 3 percent increase in diluted shares, will be made only by means of a prospectus. Proceeds from the sale of the common shares will be used to repay debt and to fund capital investments supporting continued growth across Enron’s energy businesses.

Click here to download this press release in Microsoft Word format.

For additional information please contact:

Mark Palmer

(713) 853-4738








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