TXU announces reset spread on series K Notes

DALLAS, August 6, 2004 (PRNewswire-FirstCall) — TXU Corp. hereby notifies holders of Series K Senior Notes due November 16, 2006 (the “Series K Notes”) and holders of its Equity Units issued in 2001, of which the Series K Notes comprise a part, that the Series K Reset Spread and the Benchmark Treasury used to determine the Series K Reset Rate for the Series K Notes (which Series K Reset Rate will be in effect on and after August 16, 2004) have been determined and are not subject to change. The Series K Reset Spread is 180 basis points (1.8%) and the Benchmark Treasury is CUSIP 912828BP4 (Maturity November 15, 2006).

TXU Corp., a Dallas-based energy company, manages a portfolio of competitive and regulated energy businesses in North America, primarily in Texas. In TXU Corp.’s unregulated business, TXU Energy Retail provides electricity and related services to more than 2.6 million competitive electricity customers in Texas, more customers than any other retail electric provider in the state. TXU Power owns and operates 18,500 megawatts of generation in Texas, including 2,300 MW of nuclear-fired and 5,837 MW of lignite/coal-fired generation capacity.

The company is also the largest purchaser of wind-generated electricity in Texas and among the top five purchasers in North America. TXU Corp.’s regulated electric distribution and transmission business, TXU Electric Delivery Company, complements the competitive operations, using asset management skills developed over more than one hundred years, to provide reliable electricity delivery to consumers.

TXU Electric Delivery operates the largest distribution and transmission system in Texas, providing power to 2.9 million electric delivery points over more than 98,000 miles of distribution and 14,000 miles of transmission lines. TXU Corp. has agreed to sell TXU Gas, its largely regulated natural gas transmission and distribution business in Texas.

Visit www.txucorp.com for more information about TXU Corp.

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