Law Offices Of Curtis V. Trinko, LLP Announce Notice of Pendency of Securities Class Action Against Kinder-Morgan, Inc. - formerly known as KN Energy, Inc. -.

Business Editors & Legal Writers

NEW YORK--(BUSINESS WIRE)--Aug. 21, 2000

Notice is hereby given that a class action lawsuit was filed in the United States District Court for the District of Colorado on behalf of all persons who purchased or otherwise acquired the common stock of KN Energy, Inc. ("KNE") between the dates of March 19, 1997 and March 9, 1999, inclusive (the "Class Period"). KNE merged with and changed its name to Kinder Morgan, Inc.

The complaint asserts claims against KNE under the federal securities laws, Sections 10(b) and 20(a) of the Securities and Exchange Act of 1934, 15 U.S.C. ss 78(j)(b), 78(t)(a), and Rule 10b-5 (17 C.F.R. ss 240.10b-5), common law fraud, and negligent misrepresentation, in connection with a series of public filings made by KNE, and several newspaper articles and press releases concerning KNE.

The complaint alleges that various statements disseminated by KNE and certain of its senior officers and directors were material misrepresentations and/or omissions of material fact concerning: (a) the extraordinary risks posed by the high proportion of "keep whole" contracts to which the Company was party in connection with its processing plant operations; and (b) the reporting of materially misleading financial information by reporting as income proceeds from extraordinary transactions, not in the ordinary course of business, to bolster KNE's financial results in order to facilitate certain securities offerings of KNE essential to financing of a major corporate acquisition, without disclosing the increased exposure to risks of future losses created by the transactions.

If you wish to discuss this action or have any questions concerning this notice or your rights or interests, you may contact plaintiffs' counsel, The Law Offices of Curtis V. Trinko, LLP, at 16 West 46th Street, New York, New York 10017, by telephone at [phone], or by email at [e-mail]; Berman DeValerio & Pease, LLP, at One Liberty Square, Boston, MA 02109, or by telephone at [phone]; or McGloin, Davenport, Severson & Snow, P.A., at 1600 Stout, Ste. 1600, Denver, Colorado 80202, or by telephone at [phone]. These firms have extensive experience in litigating securities cases.

If you are a member of the class of investors described above, you may, not later than sixty days from the date of this Notice, move the Court to serve as lead plaintiff of the class, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements.