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Three Enron managers defect to Econ One

HOUSTON, Texas, Jan. 29, 2002 — Three experienced energy managers left Enron Wholesale Services to join Econ One Research, Inc. Jeff Merola, Guy Sharfman, and Marc Ulrich, have joined Econ One’s Houston office.

Together, the three former Enron employees bring experience with trading, generation, transmission, distribution, energy procurement, risk management, product development, and delivery, both to wholesale and retail customers. In combination with the firm’s existing international energy consulting business, this new group provides Econ One with the resources to assist clients in a full range of energy-related issues.

“We are very excited about adding Jeff, Guy, and Marc. At Enron, they were highly successful in starting new energy businesses and quickly improving existing businesses. We look forward to sharing that expertise with our clients,” said Jeff Leitzinger, Econ One’s President.

The group’s combined experience includes major energy firms such as Southern Company, Allegheny Energy, Nicor Energy, Georgia Power, as well as Enron Wholesale Services and Enron Energy Services. Their experience combines for over 25 years of day-to-day operations, research and consulting in the energy business.

Econ One is a privately held consulting firm specializing in economic and business consulting for a variety of industries. The firm’s Energy Group focuses on multiple facets of the energy and utility industry both domestically and internationally. Econ One’s client base includes government agencies, law firms, and some of the largest energy companies in the United States. At the core of Econ One’s work is the guiding principle: to use their industry experience and quantitative talents to provide a clear vision of complex issues. Headquartered in Los Angeles, Econ One also has regional offices in Sacramento and Houston.