HOUSTON, May 9 /PRNewswire-FirstCall/ -- Selim K. Zilkha, a major shareholder of El Paso Corporation (NYSE: EP), today announced that the website www.saveelpasonow.com, which was created to provide El Paso shareholders with an easily accessible source of up to date information on his proxy solicitation regarding El Paso, has been redesigned and updated.

The updated website greatly expands the amount of available information to El Paso shareholders about the proposed El Paso Board of Directors nominees, including information on each nominee's background, work experience and views on corporate governance.

In addition to information on the slate of Board nominees, the website provides El Paso shareholders with links to press releases, relevant SEC filings and third party observations about El Paso Corporation. At a later date, the website will describe the steps El Paso shareholders can take to vote in support of the slate of proposed nominees.

"We developed this website to ensure interested El Paso shareholders have ready, real time access to information about the proposed directors. While we expect to be communicating directly with El Paso shareholders in the future through letters and personal meetings, we encourage all interested parties to visit the website frequently to learn about the latest developments in this proxy contest. In particular, I encourage shareholders to read the newly-posted nominee interviews, in which the proposed directors discuss their industry experience, the reasons we feel the need for a new slate of directors, our views on corporate governance, and our vision for the future of El Paso," said Mr. Zilkha.

On March 11, 2003, Selim K. Zilkha filed with the Securities and Exchange Commission a preliminary proxy statement relating to his solicitation of proxies with respect to the 2003 El Paso annual meeting of stockholders. The preliminary proxy was updated on May 8,2003 and is presently at the SEC awaiting the Commission's approval before it is circulated to El Paso shareholders. Mr. Zilkha will file with the Commission, and will furnish to El Paso's stockholders, a definitive proxy statement and may file other proxy solicitation materials. Investors and security holders are urged to read the proxy statement and any other proxy solicitation materials, when they become available, because they will contain important information.

Investors and security holders may obtain a free copy of the preliminary proxy statement and the definitive proxy statement (when it is available) and other documents filed by Mr. Zilkha with the Commission at the Commission's website at http://www.sec.gov. You may also access copy of Mr. Zilkha's revised proxy statement and definitive proxy statement (when it is available) by accessing www.saveelpasonow.com. In addition, you may obtain a free copy of the definitive proxy statement (when it is available) by contacting Innisfree M&A Incorporated toll free at (877) 750-5837 (banks and brokers call collect at (212) 750-5833).

Detailed information regarding the names, affiliations and interests of individuals who may be deemed participants in the solicitation of proxies of El Paso stockholders is available in the preliminary proxy statement.

     Media Relations
     Kekst & Company
     Attn: Victoria A. Weld and Lawrence A.  Rand
     Tel: (212) 521-4800

     Investor Relations
     Innisfree M&A Incorporated
     Attn: Alan M.  Miller
     Tel: (212) 750-5833

SOURCE  El Paso Corporation
    -0-                             05/09/2003
    /CONTACT: Media - Victoria A. Weld or Lawrence A. Rand, both of Kekst &
Company, +1-212-521-4800; or Investors - Alan M. Miller of Innisfree M&A
Incorporated, +1-212-750-5833 /
    /Web site: http://www.saveelpasonow.com /
    (EP)

CO:  Selim K. Zilkha; El Paso Corporation
ST:  Texas
IN:  CPR FIN
SU:  PDT


AP 
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1583 05/09/2003 20:07 EDT http://www.prnewswire.com