HOUSTON, TEXAS, February 10, 2004—El Paso Corporation (NYSE:EP) today announced two management changes.

Keith Forman has been promoted to the position of senior vice president, Finance. Forman, who joined El Paso in 1998, was most recently vice president, El Paso Field Services and chief financial officer, GulfTerra Energy Partners L.P. (NYSE:GTM), a publicly traded master limited partnership. In his position with GulfTerra, he was responsible for the financing activities of the partnership, including its commercial and investment banking relationships.

Katherine A. Murray has assumed the role of senior vice president, Tax. Murray, who has been with the company for 13 years, most recently served as vice president, Tax, where she was responsible for the corporation's federal tax planning and compliance.

El Paso Corporation's purpose is to provide natural gas and related energy products in a safe, efficient, dependable manner. The company owns North America's largest natural gas pipeline system and one of North America's largest independent natural gas producers. For more information, visit www.elpaso.com.