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ENRON AFFILIATES ANNOUNCE DIVIDENDS
FOR IMMEDIATE RELEASE: Tuesday, July 20, 1999
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 July, payable August 2, 1999 to stockholders of record as of July 30, 1999. 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 July, payable August 2, 1999 to holders of record as of July 30, 1999. The annual dividend rate is $2.25.
Enron is one of the world’s leading electricity, natural gas and communications companies. The company, which owns approximately $33 billion in energy and communications assets, produces electricity and natural gas, develops, constructs and operates energy facilities worldwide, delivers physical commodities and financial and risk management services to customers around the world and is developing a nationwide Internet-based communications network. Enron’s Internet address is www.enron.com, and the stock is traded under the ticker symbol, “ENE.”
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For additional information please contact:
Karen Denne
(713) 853-9757
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