EPRI Elects Five New Board Members

Palo Alto, Calif. — April 15, 2005 — The Electric Power Research Institute (EPRI) Board of Directors elected five new directors at its annual meeting on April 6.

The new Board members, elected to four-year terms, are:

• Nicholas A. Brown President and CEO, Southwest Power Pool, Inc.
  
• Michael S. Greene, Chairman and Chief Executive, TXU Power
  
• Richard R. Grigg, Executive Vice President and COO, FirstEnergy Corporation
  
• Karen Y. Knutson, Vice President, Government Relations, ML Strategies LLC
  
• Susan F. Tierney, Managing Principal, Analysis Group, Inc.
  
• Charles W. Shivery, Chairman, President, & CEO, Northeast Utilities, an interim director, was elected to a four-year term.

In addition, the terms of four directors that were set to expire on April 6, 2005, were extended to April 4, 2006. They are:

• Eugene W. Zeltmann, President & CEO, NY Power Authority
  
• Erroll B. Davis, Jr., Chairman, President & CEO, Alliant Energy Corporation
  
• G. Edison Holland, Jr., Executive Vice President & General Counsel, Southern Company
  
• T. Michael May, President & CEO, Hawaiian Electric Company

The Board of Directors reelected the Institute's current officers as follows:

• Eugene W. Zeltmann, Chairman
  
• Jeffry E. Sterba, Vice Chairman
  
• Steven R. Specker, President and Chief Executive Officer
  
• Richard L. Rudman, Executive Vice President and Chief Operating Officer
  
• Kevin R. Evans, Senior Vice President and Chief Business Officer
  
• Theodore U. Marston, Senior Vice President and Chief Technology Officer
  
• Nancy G. Mason, Senior Vice President, Human Resources and Administration
  
• William J. Clark, Vice President, Chief Financial Officer and Treasurer
  
• Norma Formanek, Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary
  
• Henry A. Courtright, Vice President, Generation and Distributed Resources
  
• Clark W. Gellings, Vice President, Innovation
  
• Wade P. Malcolm, Vice President, Power Delivery and Markets
  
• David J. Modeen, Vice President, Nuclear Power and Chief Nuclear Officer
  
• Terry Surles, Vice President, Environment
  
• Salvador A. Casente, Jr., Assistant Corporate Secretary
  Roger Ailshie, Controller

The Electric Power Research Institute (EPRI), with major locations in Palo Alto, California and Charlotte, North Carolina, was established in 1973 as an independent, non-profit center for public interest energy and environmental research. EPRI brings together member organizations, the Institute's scientists and engineers and other leading experts to work collaboratively on solutions to the challenges of electric power. These solutions span nearly every area of power generation, delivery and use, including health, safety and environment. EPRI's members represent over 90% of the electricity generated in the United States. International participation represents nearly 15% of EPRI's total R&D program.

SOurce: EPRI