August 30, 1990




Playboy Enterprises, Inc.
680 North Lake Shore Drive
Chicago, Illinois 60611

Gentlemen:

     In accordance with Section 6. of Article VII of the bylaws of Playboy
Enterprises, Inc. (the "Company"), and Section 145(e) of the Delaware General
Corporation Law, I hereby undertake to repay to the Company any fees and
expenses paid by it on my behalf in advance of the final disposition of that
legal action known as Harry Lewis v. Playboy Enterprises, Inc., Civil Action No.
90 Ch 07882 in the Circuit Court of Cook County, Illinois, if it shall
ultimately be determined that I am not entitled to be indemnified by the Company
as authorized by Section 145 of the General Corporation Law of the State of
Delaware.

                                        Sincerely,



                                        Signature of Christie Hefner
                                        ----------------------------
                                        Christie Hefner