Putting the Energy into e-commerce What is

Putting the Energy into e-commerce™

What is Enron. Online? The Free, Internet-based, Global Transaction System Which Allows Counterparties to View Real Time Prices From Enron’s Traders and Transact Instantly Online 2 © 2001 Enron Corp. All Rights Reserved

Benefits of Enron. Online • Free of Charge • Enron’s Best Prices • Real-Time Pricing Information • Faster than Traditional Channels • Access to Complementary Markets and Product Information • Simple Access via the Internet • Easy to Use 3 © 2001 Enron Corp. All Rights Reserved

Benefits of Enron. Online • Secure Execution • Market News and Quotes • Price Limit Orders • Options • Industry Publications • Weather Insights • Advance Customization • Floating Windows 4 © 2001 Enron Corp. All Rights Reserved

Markets Available on Enron. Online Commodity Types • • • • Argentine Natural Gas Asian Crude & Products Asian Metals Australian & Japanese Weather Australian Power Austrian Power Bandwidth Belgian Natural Gas • • • Canadian Natural Gas Canadian Power Credit Derivatives Dutch Power Dutch Aluminium Emissions 5 • • • European Coal European Weather German Power International Coal Japanese Aluminum LME Metals Contracts LPG Nordic Power Oil & Refined Products Petrochemicals Plastics Pulp & Paper Sea Freight Spanish Power © 2001 Enron Corp. All Rights Reserved • • • • Swiss Power UK Metals UK Metal Spreads UK Natural Gas UK Power US Gas Pipeline Capacity US Gas Spreads US Lumber US Metals US Natural Gas US Power US Steel US Weather

Markets Available on Enron. Online Auctions Options • Emissions Auctions (US) • En. Bank Virtual Storage Auction (UK) • Pipeline Capacity Auction • Continental Power Options • Nuclear Outage Knock-In Call Options • Nordic Power Options • UK & US Gas Options 6 © 2001 Enron Corp. All Rights Reserved

Enron. Online Prices on Other Electronic Trading Systems • Increase general customer access to Enron by providing additional transaction channels • Give Enron access to customers who prefer to transact via multilateral platforms • Leverage the proven technology, liquidity and Enron resources that together provide superior services to all Enron customers 7 © 2001 Enron Corp. All Rights Reserved

www. Enron. Online. com 8 © 2001 Enron Corp. All Rights Reserved

Enron. Online Features • Valuable Transaction Functionality n n n 1400 Products Available (bids and offers) Instantaneous Pricing Options Limit Orders Spreads 24 x 7, 365 days a year • Attractive Features • Specialized Access and Content n n 9 Customers Choose From 40 Different Entry Methods (eg. www. Weather-Risk. com, www. Enron. Steel. com) Dynamically Updated Information Direct from Enron’s Marketers © 2001 Enron Corp. All Rights Reserved

Options 10 © 2001 Enron Corp. All Rights Reserved

Customized Information Customize your products and information according to your interests. Commodity 11 Content © 2001 Enron Corp. All Rights Reserved

Customize Your Quotes Customize by: • Country • Commodity • Region • Currency • Location/Index • Product Category • Deal Type 12 © 2001 Enron Corp. All Rights Reserved

Customize Your Content 13 © 2001 Enron Corp. All Rights Reserved

Customize Your Weather 14 © 2001 Enron Corp. All Rights Reserved

Weather Maps 15 © 2001 Enron Corp. All Rights Reserved

Contract & Description 16 © 2001 Enron Corp. All Rights Reserved

Contract & Description 17 © 2001 Enron Corp. All Rights Reserved

Contract & Description 18 © 2001 Enron Corp. All Rights Reserved

Contract & Description 19 © 2001 Enron Corp. All Rights Reserved

Click On Bid Or Offer Price 20 © 2001 Enron Corp. All Rights Reserved

Click On Bid Or Offer Price 21 © 2001 Enron Corp. All Rights Reserved

Submission Screen 22 © 2001 Enron Corp. All Rights Reserved

Successful Transaction 23 © 2001 Enron Corp. All Rights Reserved

Click On Bid Or Offer Price - Limit Orders 4. 14 24 © 2001 Enron Corp. All Rights Reserved

Submission Screen 25 © 2001 Enron Corp. All Rights Reserved

Successful Transaction 26 © 2001 Enron Corp. All Rights Reserved

Successful Transaction 4. 20 05: 06: 02 4. 21 4. 20 Ö 27 © 2001 Enron Corp. All Rights Reserved

Enron. Online Statistics • Total Life to Date Transactions > 950, 000 • Average Daily Transactions > 4, 400 • Life to Date Notional Value of Transactions > $560 billion • Daily Notional Value Approximately $2. 6 billion • • Number of Products Offered: Approximately 1, 500 • • Enron. Online Version 1. 0 Launch Date: November 29, 1999 28 Number of Currencies Traded in = 13 Enron. Online Version 2. 0 Launch Date: September 18, 2000 © 2001 Enron Corp. All Rights Reserved

Utilization of Enron. Online Transactions as a % of Total Transactions Traditional Channels Enron. Online 29 * The percentage of transactions on Enron. Online declined in 3 Q 00 due to the purchase of MG Metals. © 2001 Enron Corp. All Rights Reserved

Enron. Online vs. Traditional Channels Transactions Daily % (30 -day trailing average) Traditional Channels 30 © 2001 Enron Corp. All Rights Reserved Enron. Online

Transactions via Enron. Online Quarterly 31 © 2001 Enron Corp. All Rights Reserved

Other e-Commerce Initiatives • Enron. Credit. com • Credit Products • Click. Paper. com • Pulp, Paper & Lumber • Deal. Bench. com • Auctions/RFQs M&As Syndications • • • Commodity. Logic. com 32 © 2001 Enron Corp. All Rights Reserved • Settlements and Back Office

Contact Us If you have questions or problems regarding registration or using Enron. Online: Call us: The Americas: Asia and Australia. All Other Regions: +1 (713) 853 -4357 (HELP) +61 2 9229 2300 +44 (0)20 7783 Write us: Enron. Online P. O. Box 4656 Level 21 Enron House 1400 Smith Street 9 Castlereagh Street Houston, TX 77002 USA P. O. Box 29173 Sydney NSW 2000 Australia. UK E-Mail us at help@enrononline. com 33 © 2001 Enron Corp. All Rights Reserved London SW 1 X 7 WB