Regulatory and Jurisdictional

ITC and Entergy initiated the regulatory process on Sept. 5, 2012 with a joint application filing with the Louisiana Public Service Commission. Joint applications were subsequently filed with the New Orleans City Council on Sept. 12, the Federal Energy Regulatory Commission on Sept. 24, and the Arkansas Public Service Commission on Sept. 28. ITC filed a combined registration statement, proxy statement and prospectus on Form S-4 with the Securities and Exchange Commission on Sept. 25. The companies filed with the Mississippi Public Service Commission on October 5, the Missouri Public Service Commission on February 15, 2013 and the Public Utility Commission of Texas on February 19. The companies target a transaction close in 2013 pending receipt of all required regulatory approvals and satisfaction of other closing conditions.