El Paso announces executive management change


HOUSTON, Jan. 3, 2003 — El Paso Corp. on Friday announced that Ralph Eads III, executive vice president, left the company effective the end of December 2002 to pursue other opportunities.

Eads, who joined the company in 1999, was responsible for the company’s power, petroleum, trading, and production businesses. Eads’ departure follows management changes announced in September 2002 and the company’s announced intention to exit the energy trading business.

El Paso Corporation is a provider of natural gas services and the largest pipeline company in North America. The company has leading positions in natural gas production, gathering and processing, and transmission, as well as liquefied natural gas transport and receiving, petroleum logistics, power generation, and merchant energy services.

El Paso Corporation, rich in assets and fully integrated across the natural gas value chain, is committed to developing new supplies and technologies to deliver energy. For more information, visit www.elpaso.com .

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