/C O R R E C T I O N -- Chesapeake Energy Corporation/
PRNewswire

In the news release, Chesapeake Energy Corporation Announces Sale of Canadian Subsidiary, Confirmation of Hedge Positions and $50 Million Stock Buyback Program, issued earlier today by Chesapeake Energy Corporation over PR Newswire, we are advised by the company that the first paragraph, first sentence should read "Chesapeake Energy Corporation today announced that it has recently closed on a sale of its Canadian subsidiary to a large Canadian energy producer for approximately $150 million." rather than "Chesapeake Energy Corporation today announced that it has recently closed on a sale of its Canadian subsidiary to a large Canadian energy producer." as originally issued inadvertently.

PRNewswire -- Oct. 2