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.~tuiz4.~~ i . c4. cnet r. r • eari'O yo r a

To: See Di tributlo
From: Ken L. Lay

Subject: Enron LOC

Data: October 24, 2001


This serves as notice of my intent to repay $1,700,000 of my outstanding loan balance of $6,000,000 plus accrued
Interest with shares of Enron stock as of this day, October 24, 2001.

CC: Bob Butts

Mary Joyce

713-646-8409

713-646-2110

Elaine Overturf 713-646-3754

Respect
Farm oo0.469.1 (7/82)

EXH063-00298

Integrity

%'nA1 cALA1N/L1ZU a urri%1r.

I`IU.bb4 h-'. 1/1L

Interoffice
Memorandum

%3864880050056

Department. Executive

Communication Excellence

GOVERNMENT
EXHIBIT
  4080
  Crim. No. H-04-25 (S-2)