El Paso Corp. (ticker: EP, exchange: New York Stock Exchange (.N))
News Release -
El Paso Corporation Contributes to Florida Hurricane Relief Fund
HOUSTON, TEXAS, October 7, 2004—El Paso Corporate
Foundation, the philanthropic unit of El Paso Corporation (NYSE:EP), announced
today a $25,000 contribution to the Florida Hurricane Relief Fund to assist
recovery efforts for the families and communities in Florida. The fund has been
established by Governor Jeb Bush to address the needs unmet by other disaster
relief organizations also working to help rebuild lives and communities.
"The entire El Paso family extends their thoughts and prayers to the
individuals impacted by the recent storms," said Doug Foshee, president
and chief executive officer of El Paso Corporation. "It is during these
difficult times when governments, businesses, and individuals demonstrate solidarity
by joining forces to help our neighbors recover from their devastating losses.
It is our privilege to join the many organizations and companies in this effort."
The Florida Hurricane Relief Fund is designed to allow communities to decide
how their allocations from this fund should be spent. Using data from the Federal
Emergency Management Agency, the more heavily impacted communities will receive
a greater percentage of funding.
El Paso Corporation has been an active participant in Florida communities for
almost 50 years. Through its wholly owned subsidiary Southern Natural Gas Company,
the company owns 50 percent of Florida Gas Transmission Company, which transports
natural gas throughout the state.
El Paso Corporation provides natural gas and related energy products in a safe,
efficient, dependable manner. The company owns North America's largest
natural gas pipeline system and one of North America's largest independent
natural gas producers. For more information, visit www.elpaso.com.