exclusive C Three equity index: composite energy continues to outpace S&P 500

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The C Three Group’s composite energy utility index continues to lead the S&P 500 for 2004, up 5.5 percent vs. 2.6 percent for the S&P. The C Three LDC Index leads all other C Three indices, posting a 9.2 percent gain so far in 2004 (up 18.3 percent for the rolling 12-month period). Please refer to the following table for a complete performance summary of the C Three Equity Indices.

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To see the companies comprising each of the four C Three Group equity indices-and the method of calculation-please visit www.elp.com/onlineextra.

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