Erroll B. Davis elected EEI chairman

BOSTON, June 4, 2002 — Erroll B. Davis Jr., chairman, president and CEO of Alliant Energy Corp., Madison, Wis., recently was elected chairman of the Edison Electric Institute (EEI). EEI is the trade association of shareholder- owned electric companies, international affiliates and associates worldwide. The announcement was made here at EEI’s 70th annual meeting/expo, “Power You Can Count On.”

“Electricity continues to be a crucial engine for powering economic growth in the U.S.,” Davis said. “As chairman of EEI, I will do all I can to lead our industry in continuing to provide an affordable and environmentally sustainable supply of electricity.” In light of recent developments within energy markets, Davis adds, “Despite the actions of a few, EEI remains committed to working with regulators and legislators to ensure that, through transparency and accuracy of information reporting, public confidence in our industry will be maintained.”

Allen Franklin, chairman, president and CEO of Atlanta-based Southern Company, was elected EEI’s first vice-chairman, and Wayne H. Brunetti, chairman, president and CEO of Minneapolis-based Xcel Energy Inc., was elected second vice-chairman.

As Alliant Energy’s CEO, Davis leads a growing energy-services provider with operations both domestically and internationally. Headquartered in Madison, Wis., Alliant Energy provides electric, natural gas, water and steam services to more than three million customers worldwide, including 1.3 million in Iowa, Wisconsin, Minnesota and Illinois. Alliant Energy Resources, Inc., home of the company’s non-utility businesses, has major operations and investments throughout the United States as well as Australia, Brazil, China and New Zealand.

Elected chairman in 2000, Davis has held the positions president and chief executive officer since 1998, when the merger of IES Industries, Inc., Interstate Power Company, and WPL Holdings, Inc., formed Alliant Energy.

He held the positions of president and chief executive officer of WPL Holdings from 1990-1998 and president of Wisconsin Power & Light Company from 1988-1990. Davis holds a master’s of business administration in finance from the University of Chicago and a bachelor’s of science in electrical engineering from Carnegie-Mellon University.

In 2001, Davis was appointed to the U.S. Department of Energy’s Electricity Advisory Board and is also a member of the Boards of Directors of the Electric Power Research Institute and the Wisconsin Manufactures and Commerce Association. He serves on the board of Directors of BP, p.l.c. and PPG Industries, Inc. and is a member of the American Society of Corporate Executives. He is a Life Member and Chairman of the board of Trustees of Carnegie Mellon University and is active in the Madison community through the United Way and “Start Smart Dane County,” a “Success-by-Six” program.

Allen Franklin is chairman, president and CEO of Southern Company, and is responsible for Southern Company’s five southeastern U.S. operating companies — Alabama Power, Georgia Power, Gulf Power, Mississippi Power and Savannah Electric — as well as a fast-growing competitive generation company and an energy services business, fiber optics and wireless communications.

Franklin is a native of Alabama and holds a bachelor’s and master’s degree in electrical engineering from the University of Alabama, completed Stanford’s University Executive Program, and is a registered professional engineer. He serves in leadership positions for several business and charitable organizations such as the Boy Scouts, Metro Atlanta Chamber of Commerce, the Georgia Chamber of Commerce and the Georgia Department of Industry Trade and Tourism.

Wayne Brunetti is chairman, president and CEO of Xcel Energy Inc., which was formed in 2000 by the merger of Northern States Power Co. and New Century Energies. Xcel Energy serves customers in 12 states and is the majority owner of NRG Energy, the world’s fifth-largest independent power producer.

Brunetti serves on the National Petroleum Council, a key advisory body to the U.S. Secretary of Energy Spencer Abraham. He is active in several professional and civic groups and currently serves on EEI’s board of directors, executive committee, policy committee on energy services and policy committee on energy supply. He also serves on the board of directors of Medic Alert Foundation, Mountain States Employers Council and the Capital City Partnership.

Brunetti holds a bachelor’s of science degree in business administration from the University of Florida, and he is a graduate of the Harvard Business School’s Program for Management Development.

The Edison Electric Institute (EEI) is the association of U.S. shareholder -owned electric companies, international affiliates and industry associates worldwide. The Institute’s U.S. members generate about three-quarters of all the electricity in the United States and service roughly 70 percent of all ultimate customers in the nation.

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