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Interoffice
Memorandum

To; See Distribution List

From: Kenneth L. Lay

Subject Enron LOC

Date: October 26, 2001


This serves as notice of my intent to repay $2,275,000 of my outstanding loan balance of $7,250,000 plus accrued
interest with shares of Enron stock as of this day, October 26, 2001.

16&,,a6 71

CC: Bob Butts 713/646-8409

Mary Joyce 713/646-2110

Elaine Overturf 7131646-3754

EC38648B0050037

Respect
Form 000-469-E(7192)

EXH063-00293

Integrity

Department Executive

Communication

Excellence

GOVERNMENT
EXHIBIT
  4075
  Crim. No. H-04-25 (S-2)