Enron Direct enters the retail electricity and natural gas markets in Alberta

Alberta businesses, large and small, now have the freedom to choose Enron Direct for their electricity and natural gas requirements at competitive prices. Enron Direct provides predictable term pricing and reliable supply of electricity and natural gas. Enron Direct has the ability to leverage off the well-established business of its affiliate, Enron Canada Corp. (Enron Canada), the largest wholesale buyer and seller of electricity and natural gas in Canada. “We have the experience and commitment to give business consumers the price management necessary to reduce their financial exposure to fluctuating electricity and natural gas prices,” said Rob Milnthorp, President & CEO of Enron Canada and Enron Direct.

ATLANTA, June 26, 2001 — Mirant announced today that it expects to meet its previously announced earnings guidance for the second quarter 2001, full-year 2001 and its projected growth target for 2002.

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