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308M

Dynegy Unloads $308M in Midstream Assets to Oneok

With the Dynegy-Illinova merger nearing completion, Dynegyunloaded some major Midcontinent gathering and processing assetsyesterday in a $307.7 million sale to Oneok in an effort tostreamline its midstream operations. The move will leave Dynegy’smidstream assets focused on several core regions and will helpreduce its new equity offering by several million dollars.

February 2, 2000