SOURCE: NEAH

November 10, 2010 23:05 ET

Newco Energy Acquisition Holdings, LLC Posts Additional Presentation Regarding Growing Dynegy Inc.

NEW YORK, NY and WILMINGTON, NC--(Marketwire - November 10, 2010) - Newco Energy Acquisition Holdings (NEAH), LLC and Senior Energy Industry Executive Karl W. Miller today announced that they have posted a presentation titled "Expanding A Growth Focused Power Generation Company" for public interest at the following web link: http://slidesha.re/cq6u1i

NEAH and Mr. Miller continue to believe the current market environment presents a unique and optimal opportunity to Dynegy Inc. shareholders to leverage a potential "New Management Team and Board of Directors" in addition to new institutional investors who share the same view on shareholder value creation, professional backgrounds, skills, and experiences to acquire and invest in energy assets that will generate stable future cash flows for Dynegy Inc.

The Proxy presentation materials posted by Dynegy Inc. management are devoid of any and all discussion on how to build and grow an earnings accretive energy company. NEAH and Mr. Miller have previously posted several presentations for public interest: "US Energy Market Investment Opportunities" at web link: http://slidesha.re/bRp1GP and "Building an Earnings Accretive Energy Business" at web link: http://slidesha.re/8Yw66E.

Disclaimer: 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. Mr. Miller has provided guidance in open disclosure to all parties of his personal opinion that Dynegy Inc. Shareholders have credible alternatives to build an earnings accretive energy company.

About Mr. Miller:

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

http://www.linkedin.com/profile/edit?id=35847711&trk=hb_tab_pro_top