FRANKLIN RESOURCES INC — Director's Dealing 2015

May 28, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DYNEGY INC. (DYN)
CIK: 0001379895
Period of Report: 2015-05-27

Reporting Person: FRANKLIN RESOURCES INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-27	Common Stock	S	84500.0000	$32.5288	Disposed	10427023.0000	Indirect
2015-05-27	Common Stock	S	150000.0000	$32.4800	Disposed	10277023.0000	Indirect
2015-05-27	Common Stock	S	1050000.0000	$32.5000	Disposed	9227023.0000	Indirect

Footnotes

F1: See Exhibits 99-1 and 99-2 for text of footnote, which Exhibits are incorporated by reference herein.