============= Page 1 of 1 ============= Second Quarter 2000 ENRON CORP. Table 2b - Results by Segment (Unaudited: in millions, except per share amounts) Non- Recurring Recurring Total IBIT: Transportation and Distribution: Transportation Services $ 77 $ - $ 77 Portland General 62 - 62 Wholesale Services 415 - 415 Retail Energy Services (a) 46 - 46 Broadband Services (8) - (8) Corporate and Other 17 - 17 IBIT 609 - 609 Interest and Related Charges, net 196 - 196 Dividends on Preferred Securities of Subsidiaries 21 - 21 Minority Interests 39 - 39 Income Tax Expense 64 - 64 Net Income 289 - 289 Preferred Dividends (b): Second Preferred Stock 4 - 4 Series B Preferred Stock 17 - 17 Earnings on Common Stock $ 268 $ - $ 268 Average Number of Shares Used: Basic 733.4 Diluted 862.2 - 862.2 Earnings per Common Share: Basic $ 0.37 Diluted $ 0.34 $ - $ 0.34 (a) See Table 3b, note b. (b) The Second Preferred Stock and the Series B Preferred Stock are both dilutive in the second quarter of 2000. EXH010-01274