Cheniere announces registered direct offering of common stock

Source: Cheniere Energy, Inc.

Cheniere Energy, Inc. ("Cheniere") (NYSE Amex: LNG) announced today that it has entered into a definitive agreement with institutional investors to sell 31,000,000 shares of its common stock at a negotiated price per share of $15.10. The offering is expected to close and settle on May 10, 2012. The Company intends to use the net proceeds from the offering of approximately $467.9 million to invest in Cheniere Energy Partners, L.P. ("Cheniere Partners") in exchange for equity securities anticipated to be issued in connection with the financing of Cheniere Partners' proposed Sabine Pass liquefaction project.

A shelf registration statement (including a prospectus) relating to the offering of the common stock has been filed with the U.S. Securities and Exchange Commission and has become effective. A prospectus supplement related to the offering has been filed with the Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale of these securities would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. A copy of the base prospectus and prospectus supplement can be obtained at the Securities and Exchange Commission's website or via written request to Cheniere Energy, Inc. at 700 Milam Street, Suite 800, Houston, TX, 77002, Attention Investor Relations.

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