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Interoffice
Memorandum

To: See Distribution List

From: Kenneth L. Lay



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Department: Executive

Subject: Enron Line of Credit Date: February 1, 2N1
  Loc I sl ell1 lt,41-

This serves as notice of my intent to repay my outstanding loan balance of $4,000,000 plus interest in full
with shares of Enron stock as of this dav. Fehruarv 1. 2001

KENNETH L. OR LINDA P. LAY Bank of America, N.A.
OR SALLY A. KEEPERS OR SHERRIE GIBSON Houston, TX 77252 3 317
2121 Kirby Dr., #137
HU JSTON, TX 77019 35-21130/266
713-630-0103

PAY ********************* FIFTY THREE ****"***************** 71/100 Dollars
?
TO THE Enron Corp DATE AMQtT.D2T .:'.
ORDER Feb 5 01
OF

Enron Corp Memo: 2/01/01 Repayment LOC
Post Office Box 1188
Houston, TX 77251-1188 ~ ~/
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11000331711' 1:1130000231: 11' 266 253070711'

  140,77
Distribution Elaine Overturf
  Mary Joyce ~t .7 7
  Roc Butts 7 7f ~~
Rocky Emery ~~

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EC38648B0050243

  Respect Integrity Communication Excellence
Form 000-469-E(7/92)
  ~- J& 7P 7 f
GOVERNMENT
EXH012-01965 EXHIBIT
  2533
  Crim. No. H-04-25 (S-2)