Exhibit 99.2

Press Release                                                     Source: Dynegy

Dynegy Discloses Natural Gas Trade Reporting Inaccuracies

HOUSTON--(BUSINESS WIRE)--Sept. 24, 2002--Dynegy Inc. (NYSE:DYN - News) today
disclosed it has learned that certain employees in its marketing and trading
business furnished inaccurate information regarding natural gas trades to
various energy industry publications which compile and report index prices.

Dynegy discovered the inaccuracies during an internal review of its trading
activities, which is being conducted in connection with an ongoing Commodity
Futures Trading Commission (CFTC) investigation. The company noted that it is
one of many energy industry participants who routinely provide trade data to the
publications; consequently, the company cannot determine whether the inaccurate
data had any impact on the published indices. In response to these findings,
Dynegy said it now requires that all price information provided to industry
publications be verified by the office of Dynegy's chief risk officer.

The company said it has not yet concluded whether additional remedial or other
disciplinary actions will be taken. The internal investigation will continue
under the direction of the Audit and Compliance committee of Dynegy's Board of
Directors. In addition, Dynegy said it has informed the CFTC and other
governmental authorities about its investigation and will continue to cooperate
fully with these authorities.

Dynegy Inc. produces and delivers energy, including natural gas, power, natural
gas liquids and coal, through its owned and contractually controlled network of
physical assets. The company serves customers by aggregating production and
supply and delivering value-added solutions to meet their energy needs.