-----Original Message-----
From: 	"Immer, Ingrid" <Ingrid.Immer@Williams.com>@ENRON  
Sent:	Wednesday, January 16, 2002 12:46 PM
To:	Germany, Chris; Calcagno, Suzanne
Subject:	FW: Dynegy Promotes Matt Schatzman to President and CEO of Energy	 Convergence Business

Another big promo for Matt.  The guy can't be stopped!	ii

> -----Original Message-----
> From:	Helburg, Charles J
> Sent:	Wednesday, January 16, 2002 11:28 AM
> To:	Alatorre, Hector; Catlett, Laurie; Dees, Debra; Gensler, Quentin;
> Heiser, Suzanne; Hungate, Cynthia; Immer, Ingrid; McBeath, K Mark; Monley,
> John; Payne, Leon; Prodoehl, Paul; Ramos, J Linda; Rush, Russell; Sansom,
> William; Shaull, Barbara; Smith, Elsie; Taylor, Janice; Walleck, Lynn
> Subject:	FW: Dynegy Promotes Matt Schatzman to President and CEO of
> Energy Convergence Business
>
>
>
> -----Original Message-----
> From:	Prodoehl, Paul J
> Sent:	Wednesday, January 16, 2002 10:50 AM
> To:	Catlett, Laurie E; Heiser, Suzanne J; Egner III, Paul F; Helburg,
> Charles J; Payne, Leon M; Ezernack, Diane L; Douglass, M Clay
> Subject:	Dynegy Promotes Matt Schatzman to President and CEO of
> Energy Convergence Business
>
> Breaking News FYI...
>
> Wednesday January 16, 10:54 am Eastern Time
> Press Release
> SOURCE: Dynegy Inc.
>
> Dynegy Promotes Matt Schatzman to President and CEO of Energy Convergence
> Business
>
> HOUSTON--(BUSINESS WIRE)--Jan. 16, 2002--Dynegy Inc. (NYSE:DYN - news)
> today announced that Matt K. Schatzman, previously president of Energy
> Trading, has been promoted to president and chief executive officer of the
> company's energy convergence business. In this capacity, Schatzman will
> add energy marketing and origination, commercial asset management,
> operations and development of Dynegy's U.S. generation facilities, and
> Dynegy Canada to his current responsibilities, which include all energy
> transportation, logistics and risk management activities. He will continue
> to report to Dynegy Inc. President and Chief Operating Officer Steve
> Bergstrom.
>
> Schatzman joined Dynegy in 1990 as director of Transportation after
> spending three years at Transcontinental Gas Pipe Line Corp. He served in
> positions of increasing responsibility in the gas marketing and trading
> fields and was promoted to vice president in 1992. In 1996, he was named
> vice president of Trading and Operations for Dynegy's power marketing
> subsidiary and subsequently was promoted to vice president and general
> manager in April 1997. From April 1998 until August 1999, Schatzman served
> as executive vice president, Marketing and Origination, where his
> responsibilities included oversight of all long-term marketing and
> origination in gas and power throughout the United States as well as
> oversight over Dynegy's retail operations.
>
> Cliff Hare, formerly senior vice president of Marketing and Origination
> for the Southeast, has been promoted and will replace Schatzman as
> president of Energy Trading. After spending 10 years with Southern Natural
> Gas Co., Hare joined Natural Gas Clearinghouse, Dynegy's predecessor
> company, in 1987 and has served in various departments within the company,
> including transportation, gas trading, power fuel and gas and power
> marketing. He will relocate to Dynegy's Houston headquarters and will
> report to Schatzman.
>
> Dynegy Inc. is one of the world's premier energy merchants. Through its
> global energy delivery network and marketing, logistics and risk
> management capabilities, Dynegy provides innovative solutions to customers
> in North America, the United Kingdom and Continental Europe. The company's
> website is www.dynegy.com.
>
>
>
> --------------------------------------------------------------------------
> Contact:
>
>      Dynegy Inc., Houston
>      Media:
>      John Sousa or Steve Stengel, 713/767-5800
>      or
>      Analysts:
>      Margaret Nollen, Arthur Shannon
>       or Katie Pipkin, 713/507-6466