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DYNEGY REGISTERS WITH SEC TO OFFER $500 MILLION OF SECURITIES

Dynegy Inc. (NYSE: DYN) filed a $500 million universal shelf registration with the Securities and Exchange Commission last week.

The shelf covers the Houston diversified service supplier's previously announced plan to issue approximately $250 million in equity as part of the financing

for its recently completed merger with Illinova Corp.

Dynegy also registered 6.5 million common shares that underlie its Series A convertible preferred stock held by affiliates of B.G. Group Plc. (NYSE: BG) and Nova Chemicals Corp.

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