News Conference to Announce ISO New England's Summer Electricity Forecast

Business Wire, April 29, 2002

Business Editors

HOLYOKE, Mass.--(BUSINESS WIRE)--April 29, 2002

ISO New England Inc., the operator of the region's bulk electric power system, will release its summer 2002 electricity supply forecast for New England today, April 29, at a news conference in Boston, Massachusetts.

ISO New England will address:

-- The adequacy of New England's electricity supply for the summer of 2002

-- The potential impact of wholesale market conditions, transmission constraints and weather variables on the region's capacity

-- Actions taken by ISO New England to balance supply and demand during peak power use periods, including temporary conservation measures

EVENT: Stephen G. Whitley

Senior Vice President, and Chief Operating Officer

ISO New England Inc.

DATE: Monday, April 29, 2002

1:00 p.m.

PLACE: Quincy Room

Swissotel

Avenue de Lafayette (Downtown Crossing)

Boston, Massachusetts

(617) 451-2600

LISTEN IN: Media representatives may dial in to the press conference via telephone. At 1 p.m., call toll-free, 1-888-810-5903 and provide the pass code, ISO. This will be a listen-only format.

ISO New England Inc. is the not-for-profit corporation responsible for the day-to-day reliable operation of New England's bulk generation and transmission systems with an installed capacity of more than 28,000 megawatts. In addition to operating the bulk power grid, ISO New England is the administrator of the region's wholesale electricity marketplace and the Open Access Transmission Tariff on behalf of the New England Power Pool.