Dynegy Inc.
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Dynegy Inc. (ticker: DYN, exchange: New York Stock Exchange (.N)) News Release - 15-Feb-2001

Dynegy Names Jane Jones Vice President, Compensation and Benefits

HOUSTON--(BUSINESS WIRE)--Feb. 15, 2001--Dynegy Inc. (NYSE:DYN) today announced that Jane Jones has been named vice president, Compensation and Benefits. In this capacity, she will be responsible for the strategic development and implementation of Dynegy's compensation and benefits programs globally.

Jones joins Dynegy from Vastar Resources, Inc. where she held a senior position in Human Resources with responsibility for design, implementation, and administration of all of the company's compensation and benefits programs. Prior to joining Vastar, Jones served as a human resources consultant for ARCO.

Jones holds a bachelor's degree in Accounting and Finance from Southern Methodist University. She received her Certified Compensation Professional designation from the American Compensation Association.

Dynegy Inc. is a leading provider of energy and communications solutions to customers in North America, the United Kingdom and Continental Europe. The company's leadership position extends across the entire convergence value chain, from broadband, power generation and wholesale and direct commercial and industrial marketing and trading of power, gas, coal, emission allowances, and weather derivatives to transportation, gathering and processing of natural gas liquids.

For more information about Dynegy, please visit the company's Web site at http://www.dynegy.com.