Collateral Valuation - Summary

						  StocA Price assumptions                            25-Jun-01
							  Enron            S44.07   TCW - Select         $37.26
							 Conipaq           $13.90   TCW - Aggr.          SI 3.86
							 hIs Lilly         $75.52   TCW - Small          S2Z.34
							  EO.rU             18.4~

						     BA         Chase      Corn ass *
						       80.0%       75.0%        80.0%

					      $40,000,000
					      $13,204,392

							 $1 5,000.000
							  $1,042,000

									       SI 0,000,000
										53,489,811

				       Current LTV
				    Mkt Val. Collateral
				       Collateral Req.
				      Excess (Delicil)

				    Borrowing Powerj     4,36~.9~1 I

						    Toial loi hA, Chase, & Conipass ,~'  ''7 7...
											57.707.131

							  100.0%

								       100.0%

										     100.0%

				    * ('om pass LOC has 80% LIT on all liquid assets held as collateral, the exception is i/ic Sanders'
				      account which consists of illiquid assets that Coruipass offers the lesser of 30% LIV or S liii,,,


								       LOU_(110625
									 81712002

      LTV

Original LOC
Outstanding

     80.0%

$10,000 ,000
 $6,816,000

$21,964,118
SI 6.505.490
 $5,455,688

$10,892,700
 S9.389.333
 $3,503,361

$6,878,158
53.702.521

$8,459,850
S8.520.000
 ($60,350)

  $611,150)

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  Enroit
Corn~.aq
liii Lilly
  iOU'
  TCW

     Allocation of Collateral
BA          Chase      Corn ass I
  19.0%        91.4%          77.6%
  21.0%         2.6%       .   0.0%
   0.0%         0.0%          22.4%
   0.0%         0.0%           0.0%
   0.0%         0.0%           0.0%

Allocation
  BA
     18.1%
     18.6%
     IS. 1%
      1.1%
     44.0%
     100.0%

hairoit
Coiii~iaq
lii, Lilly
ho ir
i.(w





			Collateral Valuation
			  Bank of Amerrca

 Stock Price assum tion.s                           25-Jun-01
      Enron       $44.07               TOW - Select  517.26
     Compaq       513.90               TCW-Aggr.     S13.86
     Eli Lilly    575.52               TCW - Small   S22.34
      EOTT        $18.45

Outstanding Loan Balance                                        S13.204392

Collateral Pled ed                                  Sbares        Value
Enron Corp.                                          393.597    517,345,820
Compaq Computer                                      332,256      $4.6 18.358
Total Market Value of Collateral                                S21 .964.178
Less: Collateral Required (80% LTV)                   60.12%    S16405,490


Outstanding Loan Balance                                          56416,000

Collateral Pled ed                                  Shar          Value
Compaq                                               11 064       $1,571,590
Eli Lilly & Co.                                       2 .220      51,527,014
EOTT Energy Parmers                                     .000        $92,250
TOW Galileo Select Equines                           13 .738      52,273,798
TOW Galileo Aggressive Growth                         3 ,949       $525,973
TOW Small Cap Growth                                  4 ,485       5926,775
Enron Corp.                                           3 000       $l.542A«=O
Total Market Value of Collateral                                  S8?,~4E~85O
Less: Collateral Required (LTV 80%)                   80.57%      5~420%ODO

Excess (Deficit) Collateral                                        (S6~J~))
Borrowing Power                                                        SO
Available to Borrow                                                    SO

						  Confidential Treatment
						  Requested under FOIA


						 LAY-SEC-I 000000134

 79.0%
 2 1.0%
 100.0%


 18.6%
 18.1%
 1.1%
 26.9%
 6.2%
 11.0%
 18.2%
100.0%

LOC..010625
 8/112002





			 Collateral Valuation
			   Bank of America

					      irn
Outstanding Loan Balance                                          S5.000.O00


Collateral Pledged                                  Shares       Value
  143,690 shar~.EnronCo~j~ .~            1§i   ~                  36.332A1~
								 S6232.418
Total Market Value of Collateral
Less: Collateral Required (80% LTV)                   79.0%      S6.250.000

Excess (Deficit) Collateral                                        S82.418
Borrowing Power                                                    565.935
Available to Borrow                                                565.935

S750.000 Line of Credit (Unsecured) UNtO Kenneth L. & Linda P. Lay
Outstanding Loan Balance

				 L0C010625
				   8/112002

								so

						    Confidential Treatment
						    Requested under EQIA

					      LAY-SEC-I 000000135





			Collateral Valuation
			       Chase

      25-Jun-01

Stock Prgce Assumptions
	 Enron    $44.07
       Com~ag     S13.90

S 15.0 Million Non Purpose Credit Line
    STOCK         Symbol   Cerdf. No
Enron Corp         ENE     HC153831
EnronCorp          ENE     HC163113
Enron Corp         ENE     HC167352
Enron Corp         ENE     HC1673S8
Enron Carp         ENE     1{C167359
			   Total ENE

CPQ     BB125523    20.000
	Total CPQ   20,000

L~.L2Q~        Personal
S     278,000 ~.6%

Total Value of Collateral  S 10.892.700

	    LTV               75'!.
AVAILABLE BALANCE          ... ,S8169~5ZS~
	    Funded           (S7.D4L0D0~'
REMAINING BALANCE . -.

LOC..010625
 8/7/2002

ConfideI~1ial TrcatmeI~t
RequeSted under FOIA

LAY.SEC 1 000000136

Shares
26,017
90,750
41,019
41,165
4 1.909
240,860

    Value
S   1,146.569
S   3.999.353
S   1.807,707
S   1,814,142
S   1.846930
S  10,614.700

Compaq

 Oi~nership
  Personal
  Personal
  Personal
  Personal
  Personal
974%





		     Collateral Valuation
			   Compass

     25-Jun-01

  ~P~!A~um~n
JEnron$44.07j
       Eli Liii   $75.52

$10.0 Million Non Purpose Credit Line

   STOCK         Symbol  Certif. No. Shares  Ownership

Eli Lilly          LLY    FC24922    5.000    Personal
Eli Lilly          LLY   CNY1 8380   5.000    Personal
			  Total LLY  10,000     755,200

Enron Corp         ENE   HC1 19322   7,690    Personal
Enron Corp         ENS   HC1 19285   22,052   Personal
Enron Corp         ENE   HC119286    1,751    Personal
Enron Corp-Split   ENS   HC1 64652   1,751    Personal
Enron Corp         ENS   HC1 19359   4,521    Personal
Enron Corp-Split   ENS   HC164653    4,521    Personal
Enron Corp         ENE   HC119360    7,792    Personal
Enron Corp         ENE   HC127094    9440     Personal
			  Total ENE  59,518   2,622,958
				     TOTAL $ 3,378,158
					LW      80%
		       AVAILABLE BALANCE      S2,702,S27
				     Funded   S3~W~7~
		       REMAINiNG BALANCE       (S~87.344)


		Hams (30% LTV. capped at SI .000.000)
				       Total $ 3,500,000
					LW      30%
		       AVAILABLE   BALANCE $1,000,000
				     Funded- ~C-~SO~
		       REMAINING   BALANCE    Si,000,odO

					     Con fidentia I Treatment
					     Requesje~ under FOJA


					   LAYSECI 000000137

22.4%


77.6%

LOC..010625
 8/7/2002