New York's Consolidated Edison Wins "Energy Company of the Year" at Platts/BusinessWeek Global Energy Awards; Global Energy Company BP's Chief Executive Wins "CEO of the Year"

Business Wire, Nov 19, 2002

Business Editors

NEW YORK--(BUSINESS WIRE)--Nov. 19, 2002

New York's Consolidated Edison Company won "Energy Company of the Year" yesterday evening in recognition of its extraordinary work to restore New York's energy service following September 11, 2001 and continued efforts into 2002.

The awards were given out at the 2002 Platts/BusinessWeek Global Energy Awards.

Social awareness and corporate growth were also recognized as the chief executive officer of global energy corporation BP plc, Lord Browne of Madingley, was named "CEO of the Year" for his drive to create the seventh largest company in the world, while still focusing on employee development and environmental awareness.

"Platts' unique focus on the global energy market enables us to determine the best players in the energy marketplace more so than any other information source," said Harry Sachinis, President of Platts. "We received more entries than ever before, so its apparent that energy industry leaders really appreciate the value of Platts' expertise."

The winners, which were announced at yesterday evening's gala celebration at the Plaza Hotel in New York City, included leading corporations from the coal, power, gas, oil and renewables industries. These companies, which have served as examples of excellence in the energy industry included:

    -   Power Company of the Year: Entergy Corporation
    -   Coal Company of the Year: Sasol Mining
    -   Gas Company of the Year: ONEOK
    -   Oil Company of the Year: Suncor Energy, Inc.
    -   Energy Engineering Project of the Year: Kerr-McGee Corporation
    -   Most Successful Strategy Shift of the Year: Mirant
    -   Renewables Company of the Year: Enel SpA
    -   Strategic Merger of the Year: Westmoreland Coal Company
    -   Community Development Program of the Year: National Thermal
        Power Corporation, Ltd.
    -   Most Innovative Commercial Technology of the Year:
        ConocoPhillips
    -   Most Promising Pre-Commercial Technology Development of the
        Year: Composite Technology Corporation

Now in its fourth year, the Platts/BusinessWeek Global Energy Awards has become the most prestigious awards program in the industry. This year's awards were presented by Deloitte Touche Tohmatsu and Platts, and sponsored by BusinessWeek. Platts and BusinessWeek are both divisions of The McGraw-Hill Companies (NYSE: MHP).

For more information on the Global Energy Awards, please visit www.globalenergyawards.com.

Platts is the world's largest and most authoritative provider of energy information and marketing services, with 14 offices worldwide. Products range from real-time and Internet-based news and price assessment services, to newsletters, market reports, databases, geospatial tools, magazines, conferences, research and consulting services and energy financial services. Platts offerings cover the oil, natural gas, electricity, nuclear power, coal, petrochemical and metals markets. Every day, more than $10 billion of trading activity and term contract sales are based on Platts' price assessments. Additional information is available at www.platts.com and www.plattsmetals.com.

Founded in 1888, The McGraw-Hill Companies is a global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, BusinessWeek and McGraw-Hill Education. The Corporation has more than 350 offices in 33 countries. Sales in 2001 were $4.6 billion. Additional information is available at www.mcgraw-hill.com.

Deloitte Touche Tohmatsu is one of the world's leading professional services organizations, delivering world-class assurance and advisory, tax, and consulting services through its national practices. More than 98,000 people in 141 countries serve over one-quarter of the world's largest companies, as well as large member firms, public institutions, and successful, fast-growing global growth companies. Our internationally experienced professionals strive to deliver seamless, consistent services wherever our clients operate. Our mission is to help our clients and our people excel.

In addition to complete geographic coverage, Deloitte Touche Tohmatsu offers clients deep industry strength and outstanding services delivered consistently throughout the world. Our integrated teams of internationally experienced professionals are well versed in addressing today's challenges linked to globalization, e-Commerce and the network economy. Our mission is to help our clients and our people excel.

Our Global Resources Group, which includes senior partners from around the world, provides comprehensive, integrated services to the energy sector. These solutions address the range of challenges facing energy companies as they adapt to a changing regulatory environment, to political, economic and market pressure, to merger frenzy and to technological development. Our in-depth expertise in this dynamic sector serves as an indispensable resource for a significant proportion of the world's energy companies. Rather than expecting the industry to conform to our structure, we have designed our practice to conform to this rapidly changing sector's unique needs and to offer a complete range of services designed to "meet the clients where they are." Our goal is to provide the energy industry with unparalleled service, innovation and critical thinking.