To: Sig who wrote (8735 ) 8/14/2002 5:28:19 PM From: Venkie Respond to of 13815 Wednesday August 14, 4:50 pm Eastern Time Press Release SOURCE: Dynegy Dynegy Officers File Certifications and Statements HOUSTON--(BUSINESS WIRE)--Aug. 14, 2002--Dynegy Inc. (NYSE:DYN - News) today announced that pursuant to the Securities and Exchange Commission's Order No. 4-460, the interim Chief Executive Officer and Chief Financial Officer of Dynegy Inc. have delivered sworn statements under clause (b) of Order No. 4-460 to the Secretary of the SEC. Additionally, Dynegy filed today its Quarterly Report on Form 10-Q for the quarter ended June 30, 2002, which was accompanied by certifications of its interim Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of The Sarbanes-Oxley Act of 2002. As permitted by clause (b) of Order 4-460, the statements of interim CEO Dan Dienstbier and CFO Louis Dorey indicated that they would be unable to certify under clause (a) of Order 4-460 because of matters described in the statement, all of which have previously been disclosed by Dynegy, including the pending restatement of Dynegy's 2001 financial statements and three-year re-audit of Dynegy's financial statements. A full description of the reasons for the officers' inability to make a clause (a) certification are included in the statements, which will be available on www.sec.gov and included with a Form 8-K filed today with the SEC and posted in the "News and Financials" section of Dynegy's website, www.dynegy.com. Dynegy Inc. is a global energy merchant. Through its owned and contractually controlled network of physical assets and its marketing, logistics and risk management capabilities, Dynegy provides solutions to customers in North America, the United Kingdom and continental Europe. The company's website is www.dynegy.com.