=============
Page 1 of 1
=============

Kenneth L Lay
Chairman and
Chief Executive Officer

October 25, 2001

Elaine Overturf
Enron Corp.
1400 Smith Street
Houston, TX 77002

Enron Corp.
P.O. Box 1188
Houston, TX 77251-1188
713-853-6773
Fax 713-853-5313
kenneth. t ay@emmn.corn

Re: Sale of 103,614 shares of Enron Corp. to Company for Repayment of
$1,700,000 LOC through October 24, 2001

Dear Elaine:

  Attached are stock certificates HCI19322 in the amount of 7,690 shares
of Enron Corp., HC119285 in the amount of 22,052'Shares of Enron Corp.,
HC119286 in the amount of 1,751 ';fiares of Enron Corp., HC164652 K the
amount of 1,751 dares of Enron Corp., HC164653 in the amount of 4,521 =-~
shares of Enron Corp., HC119360HrI'the amount of 7,792`SFiares of Enron Corp.,
HC127094 fl the amount of 9,440'slcares of Enron Corp., HC225322 n the
amount of 20,000,`shares of Enron Corp., HC164645 in the amount of 9,440
shares of Enron Corp.,. ~pd HC115922'in the amount of 19,920 shares of Enron
Corp, totaling 104,357`Fnatured shares. Please hold the 743 over delivered
shares of Enron Corp. for the next repayment.

  Please call Sherrie Gibson at 713/630-0103 should you have any
questions.

Sincerely,


CC: Pam Butler C-~ C f93 4,4 1O' j e
Joanne Cortez
  Sherrie Gibson~~~,~


  /er1.
cam'

  K ' (c


Endless possibilities. m EC38648B0050054

EXH063-00297

GOVERNMENT
EXHIBIT
  4079
  Crim. No. H-04-25 (S-2)