The American Stock Exchange lists common stock of Cap Rock Energy Corp.

NEW YORK, March 14, 2002 — The American Stock Exchange® (Amex®) announced today that Cap Rock Energy Corp. will list its common stock on the Exchange under the ticker symbol RKE.

Cap Rock Energy Corp. is an electric distribution company to customers in rural Texas. The Company was formed as a tax-free cooperative with eligible owners in 1939, but has recently completed a conversion plan to a shareholder owned corporation.

Salvatore F. Sodano, Amex chairman and chief executive officer, said, “In listing at the American Stock Exchange, we will be able to offer Cap Rock Energy the service and quality that a growing company needs to succeed.”

“We are extremely excited to join the American Stock Exchange. We chose the Amex because it understands and supports growing companies. Its advanced specialist system fits our corporate philosophy, helping to build liquidity and long-term shareholder value,” said David W. Pruitt, President & CEO of Cap Rock Energy.

The specialist in Cap Rock Energy Corp. will be AGS Specialist Partners. For further information, please contact 1-800-THE-AMEX.

The American Stock Exchange® (Amex®), a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), is the only primary exchange that offers trading across a full range of equities, exchange traded funds (ETFs), including structured products and HOLDRSSM and options.

In addition to its role as a national equities market, the Amex is the leader in ETF listings, listing 117 ETFs to date, and is the second-largest options exchange in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, visit www.amex.com.


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