Aquila Presentation At Banc of America Conference Will be Webcast At 9:20 a.m. Eastern Time On June 17

Business Wire, June 14, 2002

Business Editors

Banc of America Energy and Power Conference

KANSAS CITY, Mo.--(BUSINESS WIRE)--June 14, 2002

Robert K. Green, president and chief executive officer of Aquila, Inc. (NYSE:ILA), is one of several industry participants at the June 17 Banc of America Energy and Power Conference in New York.

Green's remarks are scheduled at 9:20 a.m. Eastern Time. His audio presentation and accompanying information can be viewed in a live webcast accessible to the public.

To access the webcast via the Internet, go to Aquila's website at www.aquila.com and click on "Investors" for the webcast link. Listeners should allow five minutes to register and access the presentation. For those unable to view the live broadcast, replays will be available for two weeks, beginning approximately one hour after the presentation, using the same access method.

Based in Kansas City, Missouri, Aquila (formerly UtiliCorp United) operates electricity and natural gas distribution networks serving more than six million customers in seven states and in Canada, the United Kingdom, New Zealand and Australia. It is also one of the largest wholesalers of electricity and natural gas in North America, provides risk management products and services, provides wholesale energy services in the United Kingdom and has a presence in Germany and Scandinavia. At March 31, 2002, Aquila had total assets of $12.3 billion. More information is available at www.aquila.com.