ITC Schedules Year-End 2011 Earnings Release and Webcast

Jan 25, 2012

NOVI, Mich., Jan. 25, 2012 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) today announced that it will release consolidated financial results for the fourth quarter and year-end 2011 after market close on February 21, 2012.

ITC also announced that it will conduct a webcast and conference call at 11 a.m. Eastern on Wednesday, February 22, 2012. The Company plans to discuss year-end 2011 results, provide an update on the previously announced transaction with Entergy Corporation and review ITC's updated stand-alone five-year plan, including capital investment plans and related financial forecasts. Joseph L. Welch , chairman, president and CEO, will provide a business and strategy overview, and Cameron M. Bready , executive vice president, treasurer and CFO, will discuss the financial results and forecasts.

Individuals wishing to participate in the conference call may dial toll-free (877) 644-1296 (domestic) or (914) 495-8555 (international); there is no passcode. A listen-only live webcast of the conference call, including accompanying slides and the Earnings Release, will be available on the company's investor information page.

The conference call replay, available through Wednesday, March 7, 2012, can be accessed by dialing (855) 859-2056 (toll free) or (404) 537-3406, passcode 46891456. The webcast will also be archived on the ITC website.

ITC Holdings Corp.
ITC Holdings Corp. (NYSE: ITC) is the nation's largest independent electric transmission company. Based in Novi, Michigan, ITC invests in the electric transmission grid to improve reliability, expand access to markets, lower the overall cost of delivered energy and allow new generating resources to interconnect to its transmission systems. ITC's regulated operating subsidiaries include ITCTransmission, Michigan Electric Transmission Company, ITC Midwest and ITC Great Plains. Through these subsidiaries, ITC owns and operates high-voltage transmission facilities in Michigan, Iowa, Minnesota, Illinois, Missouri and Kansas, serving a combined peak load exceeding 26,000 megawatts along 15,000 circuit miles of transmission line. Through ITC Grid Development and its subsidiaries, the company also focuses on expansion in areas where significant transmission system improvements are needed. For more information, please visit ITC's website. (itc-ITC)

SOURCE ITC Holdings Corp.

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