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Interoffice
Memorandum

To: See Distribution List

From: Kenneth L. Lay

Subject: Enron Line of Credit

Department: Executive

Date: April 30, 2001

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 day, April 27, 2001.



CC: Elaine Overturf

Mary Joyce

Bob Butts

Rocky Emery

EC38648B0050235

Respect
Form 000.469-E(7192)

Integrity

Communication

Excellence

EXH063-00331

GOVERNMENT
EXHIBIT
  4113
  Crim. No. H-04-25 (S-2)