ITC Sends Crews to Assist With Power Restoration in Hurricane-Ravaged Gulf Coast Communities

Sep 03, 2008

NOVI, Mich., Sept 03, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- ITC Holdings Corp. has sent emergency field crews from its Michigan and Iowa operations to Louisiana to assist with power restoration efforts in the aftermath of Hurricane Gustav. The Gulf Coast storm, which hit Monday, has left more than 1.9 million residents in Louisiana without electricity. More than 90,000 households in neighboring Mississippi are also without power.

ITC subsidiaries ITCTransmission, Michigan Electric Transmission Company (METC) and ITC Midwest have sent 37 linemen from MJ Electric to work on transmission restoration in Louisiana. The crews, normally stationed in Michigan and Iowa, will spend up to two weeks in the Gulf state working on line and station repairs.

"ITC is an active participant in utility mutual assistance in the Midwest. We take pride in assisting in emergency relief efforts outside our service territories as a critical contribution to national security and well being," said Jon E. Jipping, executive vice president and COO, ITC. "The faster storm-ravaged communities can be reconnected to the electric grid, the faster their residents can return to normalcy.

"Anyone who has lost power on even a momentary basis understands how essential electricity is in day-to-day life," Jipping said. "We are proud to be part of the national effort to help restore essential services to the storm-battered Gulf Coast."

About ITC Holdings Corp.

ITC Holdings Corp. (NYSE: ITC) invests in the electricity transmission grid to improve electric reliability, improve access to markets, and lower the overall cost of delivered energy. ITC is the largest independent electricity transmission company in the country. Through its subsidiaries, ITCTransmission, Michigan Electric Transmission Company, LLC (METC) and ITC Midwest LLC, ITC operates regulated, high-voltage transmission systems in Michigan's Lower Peninsula and portions of Iowa, Minnesota, Illinois and Missouri serving a combined peak load in excess of 25,000 megawatts. ITC is also focused on new areas where significant transmission system improvements are needed through subsidiaries ITC Grid Development, ITC Great Plains and ITC Panhandle Transmission. For more information, please visit: http://www.itc-holdings.com. (itc-ITC)

SOURCE ITC Holdings Corp.


http://www.itc-holdings.com

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