November 29, 2010 15:23 ET

Newco Energy Acquisition Holdings LLC and Karl W. Miller Clarify Position Regarding Dynegy

NEW YORK, NY--(Marketwire - November 29, 2010) - Newco Energy Acquisition Holdings, LLC and Karl W. Miller have posted an update clarifying their position regarding Dynegy for public interest at the following website today:

Disclaimer: The views expressed are those of NEAH and Mr. Miller. No capital or shareholder agreements or other arrangements are in place, NEAH and Mr. Miller are not soliciting capital or shareholder votes, and do not intend to file a Proxy. No offering memorandums or other solicitation documents have been distributed. NEAH and Mr. Miller have provided their combined opinion in open disclosure to all parties that Dynegy Inc. Shareholders have credible alternatives to build an earnings accretive energy company. Investors should seek the advice of a qualified investment professional prior to making any investment decisions.

About Mr. Miller:
Background about Mr. Miller may be found at the following weblink: