El Paso Corporation Declares Quarterly Dividend

The board of directors of El Paso Corporation declared today a quarterly dividend of $0.04 per share on the company's outstanding common stock. The dividend will be payable January 3, 2006 to shareholders of record as of the close of business on December 2, 2005. Outstanding shares of common stock entitled to receive dividends as of September 30, 2005 were 660,870,824.