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ENRON AFFILIATES ANNOUNCE DIVIDENDS
FOR IMMEDIATE RELEASE: Monday, March 19, 2001
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 March, payable April 2, 2001 to stockholders of record as of March 30, 2001. 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, declared its monthly dividend of $0.1875 on the Enron Capital Resources, L.P. 9% Cumulative Preferred Securities, Series A, for the month of March, payable April 2, 2001 to holders of record as of March 30, 2001. The annual dividend rate is $2.25.
Enron Capital Trust I, a Delaware statutory business trust, declared its quarterly dividend of $0.51875 on the Enron Capital Trust I 8.30% Trust Originated Preferred Securities, payable April 2, 2001 to holders of record as of March 30, 2001. The annual dividend is equivalent to $2.075 per preferred security.
Enron Capital Trust II, a Delaware statutory business trust, declared of its quarterly dividend of $0.5078 on the Enron Capital Trust II 8.125% Trust Originated Preferred Securities, payable April 2, 2001 to holders of record as of March 30, 2001. The annual dividend is equivalent to $2.03125 per preferred security.
Enron is one of the world’s leading electricity, natural gas and communications companies. The company, with revenues of $101 billion in 2000, markets electricity and natural gas, delivers physical commodities and financial and risk management services to customers around the world, and has developed an intelligent network platform to facilitate online business. Fortune magazine has named Enron “America’s Most Innovative Company” for six consecutive years. Enron’s Internet address is www.enron.com. 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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