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Chesapeake Energy Corporation
Chesapeake Energy Corporation Preferred Stock Dividend Declaration Cumulative Convertible Preferred Stock 5% (2003) 4.125% 5% (2005) 4.50% 5% (2005B) May 18, Mar. 30, April 19, Sept. 14, Nov. 8, Date of Issue 2003 2004 2005 2005 2005 Registered CUSIP 165167800 165167875 165167859 165167842 165167826 144A CUSIP N/A 165167883 165167867 N/A 165167834 Par Value per Share $0.01 $0.01 $0.01 $0.01 $0.01 Shares Outstanding 842,673 86,310 4,600,000 3,450,000 5,750,000 Liquidation Preference per Share $100 $1,000 $100 $100 $100 Record Date May 1, June 1, April 3, June 1, May 1, 2006 2006 2006 2006 2006 Payment Date May 15, June 15, April 17, June 15, May 15, 2006 2006 2006 2006 2006 Amount per Share $1.25 $10.3125 $1.25 $1.125 $1.25
Chesapeake Energy Corporation is the second largest independent producer of natural gas in the U.S. Headquartered in Oklahoma City, the company's operations are focused on exploratory and developmental drilling and corporate and property acquisitions in the Mid-Continent, Permian Basin, South Texas, Texas Gulf Coast, Barnett Shale, Ark-La-Tex and Appalachian Basin regions of the United States. The company's Internet address is http://www.chkenergy.com/ .
SOURCE: Chesapeake Energy Corporation
CONTACT: Jeffrey L. Mobley, CFA, Senior Vice President - Investor
Relations and Research, +1-405-767-4763, or
Rowland, Executive Vice President and Chief Financial Officer,
+1-405-879-9232, or
Corporation
Web site: http://www.chkenergy.com/