Aquila Announces Webcast for Annual Meeting May 3rd

Business Wire, May 2, 2006

KANSAS CITY, Mo. -- Aquila, Inc. (NYSE:ILA) will provide a live web cast of its annual shareholder meeting scheduled for Wednesday, May 3, at 3:00 p.m. Eastern Time. Richard C. Green, chairman and chief executive officer, will address shareholders at the annual meeting, discussing financial results and providing an update on Aquila's progress with its operations and repositioning plan. Results of the election of directors and ratification of external auditors will also be announced.

To access the live web cast, go to Aquila's website at www.aquila.com. Click "Presentations and Web casts" in the "Investor Information" section.

A replay of the annual meeting will be available on the company's website beginning approximately two hours after the presentation.

Based in Kansas City, Missouri, Aquila employees operate electric power generation and electric and natural gas transmission and distribution utilities serving 1.2 million customers in communities located in Colorado, Iowa, Kansas, Minnesota, Missouri and Nebraska. At March 31, 2006, Aquila had total assets of $4.2 billion. More information is available at www.aquila.com.