Dynegy Inc. (NYSE: DYN) today announced that Robert C. Flexon, President and CEO, will participate in the Wolfe Power & Gas Leaders Conference as part of the "Pure Power Plays" panel on Tuesday, September 29 at 8 a.m. ET. A live audio webcast will be available at www.dynegy.com, and a replay will be accessible one hour after the conclusion of the live event.

In addition to the panel discussion, a brief presentation on Dynegy and recent developments will be provided. "PRIDE Energized" will be formally announced—the next iteration of the Company's highly successful PRIDE initiative (Producing Results Through Innovation by Dynegy Employees) targeted to deliver an incremental $250 million in EBITDA and $400 million in balance sheet improvements for Dynegy over the next three years. PRIDE is Dynegy's signature continuous margin and process improvement program.

The benefits of "PRIDE Energized" come in addition to Dynegy's previously announced $130 million in acquisition synergies. From 2011 through the end of this year, Dynegy's PRIDE program will have produced more than $280 million in EBITDA and over $958 million in balance sheet savings with minimal investments.

ABOUT DYNEGY

We are committed to leadership in the electricity sector. With nearly 26,000 megawatts of power generation capacity and two retail electricity companies, Dynegy is capable of supplying 21 million homes with safe, reliable and economic energy. Homefield Energy and Dynegy Energy Services are retail electricity providers serving businesses and residents in Illinois, Ohio, and Pennsylvania.

FORWARD-LOOKING STATEMENT

This press release contains statements reflecting assumptions, expectations, projections, intentions or beliefs about future events that are intended as "forward-looking statements" particularly those statements concerning execution of its PRIDE Energized targets in EBITDA and balance sheet improvements over the next three years, targeted acquisition synergies and anticipated PRIDE results through the end of this year. These statements are based on the current expectations of Dynegy's management. Discussion of risks and uncertainties that could cause actual results to differ materially from current projections, forecasts, estimates and expectations of Dynegy is contained in Dynegy's filings with the Securities and Exchange Commission (the "SEC"). Specifically, Dynegy makes reference to, and incorporates herein by reference, the section entitled "Risk Factors" in its 2014 Form 10-K and subsequent Form 10-Qs. In addition to the risks and uncertainties set forth in Dynegy's SEC filings, the forward-looking statements described in this press release could be affected by the following, among other things, (i) the timing and anticipated benefits to be achieved through our company-wide improvement programs, including our PRIDE initiative; (ii) projected operating or financial results; (iii) the industry may be subject to future regulatory or legislative actions, including environmental, that could adversely affect Dynegy; and (iv) Dynegy may be adversely affected by other economic, business, and/or competitive factors. Any or all of Dynegy's forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions or by known or unknown risks, uncertainties and other factors, many of which are beyond Dynegy's control.

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