Scotia Waterous (USA) Inc. (“Scotia Waterous”) has been retained as exclusive financial advisor by El Paso Corporation (“El Paso” or the “Company”) as the Company seeks a partner to participate in its development of the BM-CAL-4 Block (“BM-CAL-4”) located in the Camamu Basin offshore Brazil (the “Offering”).

CONTACTS

At no time should you contact anyone at El Paso regarding the Offering, unless otherwise directed. Should you have any questions regarding the Offering, please contact any Scotia Waterous representative listed below:

Scotia Waterous Randy Crath (Houston) Managing Director (713) 759-3433 Email: randy_crath@scotiawaterous.com Edward Katterhagen (Houston) Director (713) 437-5064 Email: edward_katterhagen@scotiawaterous.com JP Cheng (Singapore) Director + (65) 6305 8398 Email: JP_Cheng@scotiawaterous.com Drew Hickey (London) Managing Director + (44 20) 7826 5652 Email: Drew_Hickey@scotiawaterous.com Adrian Goodisman (Houston) Managing Director (713) 437-5050 Email: adrian_goodisman@scotiawaterous.com Doug De Filippi (Houston) Managing Director (713) 437-5045 Email: doug_defilippi@scotiawaterous.com

Scotia Waterous ( USA) Inc.
Pennzoil Place - South Tower
711 Louisiana, Suite 1400
Houston, Texas
USA 77002-2716
Tel: (713) 222-0546 Fax: (713) 222-0572 Email: houston@scotiawaterous.com