Plan Fiduciary

This web site contains information for participants and beneficiaries of the Enron Corp. Savings Plan (the “Savings Plan”) and the Enron Corp. Employee Stock Ownership Plan (the “ESOP”) about the settlement in the Newby v. Enron Corp. securities litigation. Under an agreement between Enron and the U.S. Department of Labor, Fiduciary Counselors was appointed as the independent fiduciary to act for these Plans in connection with the Newby litigation and settlements.

TAX QUALIFICATION

Because the Enron Savings Plan is a tax-qualified plan, Newby distributions are eligible for rollover to IRAs and other qualified employer plans. The IRS Determination Letter stating that the Enron Savings Plan is a tax-qualified plan can be found here.

NEWBY SECOND DISTRIBUTION FROM PLAN:
More than 13,000 packages were mailed on September 2, 2011 to participants and beneficiaries in the Enron Savings Plan and ESOP who are eligible for a distribution in the Newby v. Enron settlement. You should get a package soon, including an explanatory letter, if you are entitled to a payment under the Newby settlement.

The deadline for submitting Election Forms is NOVEMBER 15, 2011.

Enron Savings Plan participants who are currently members of successor plans at EOG, PGE or AEI will not receive an Election Form. Instead, as with the first round of distributions, you will receive notification when your Newby payment is deposited in your account in the EOG, PGE or AEI savings plan. These transfers have not yet been made.

If you are not receiving a distribution because your remaining Tittle overpayment exceeds your Newby distribution, you will receive a notice as well.

CORRESPONDENCE WITH PARTICIPANTS REGARDING THE PLAN’S SECOND ROUND OF DISTRIBUTIONS

September 2, 2011
Letter to plan participants.

CORRESPONDENCE WITH PARTICIPANTS REGARDING THE PLAN’S FIRST ROUND OF DISTRIBUTIONS

February 12, 2010
Letter to plan participants who received a distribution in the Newby Settlement only.

February 12, 2010
Letter to plan participants who received a first round distribution from other sources in addition to the distribution from the Newby Settlement or whose distribution was reduced by a Tittle overpayment.

March 5, 2010
Letter to plan participants whose allocation from the Newby Settlement and other sources was less than their Tittle overpayment.

CONTACT INFORMATION

Gilardi & Co., LLC is assisting Fiduciary Counselors with administering the distribution process. Questions about your election form, the Newby settlement and this allocation or previous allocations can be directed to the Customer Service Center using the US toll-free number 1-877-234-4518 or you may email questions to classact@gilardi.com

CHANGE OF ADDRESS NOTIFICATION

Please keep your contact information up-to-date, by contacting Gilardi using the information listed above, to ensure you receive any future distributions to which you may be entitled.