Dynegy Approves Dividend on Mandatory Convertible Preferred Stock

HOUSTON--(BUSINESS WIRE)--Jan. 15, 2015-- Dynegy Inc. (NYSE: DYN) announced that its Board of Directors declared a dividend of $1.64236 per share on the outstanding 5.375% Series A Mandatory Convertible Preferred Stock that will be paid on February 2, 2015 to stockholders of record of the Mandatory Convertible Preferred Stock on January 15, 2015. The dividend is for the initial dividend period beginning on October 14, 2014 and ending on January 31, 2015.

Dynegy's subsidiaries produce and sell electric energy, capacity and ancillary services in key U.S. markets. The Dynegy Power, LLC power generation portfolio consists of approximately 6,078 megawatts of primarily natural gas-fueled intermediate and peaking power generation facilities. The Dynegy Midwest Generation, LLC portfolio consists of approximately 2,980 megawatts of primarily coal-fueled baseload power plants. The Illinois Power Holdings, LLC portfolio consists of approximately 4,062 megawatts of primarily coal-fueled baseload power plants. Homefield Energy and Dynegy Energy Services are retail electricity providers serving businesses and residents in Illinois.

Source: Dynegy Inc.

Dynegy Inc.
Andrew Smith, 713-507-6466
www.dynegy.com

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