ITC Holdings Corp. Schedules Fourth Quarter and Year-End Earnings Release and Conference Call

Mar 01, 2006

NOVI, Mich., March 1, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- ITC Holdings Corp. (NYSE: ITC) will announce its consolidated fourth quarter and year-end 2005 financial results after the market close on Wednesday, March 15.

In addition, ITC will conduct a conference call to discuss fourth quarter and year-end 2005 earnings results at 11:00 a.m. EST Thursday, March 16th. Joseph L. Welch, president and CEO, will provide a business overview of both the fourth quarter and the year-end 2005 results, and Edward M. Rahill, senior vice president and CFO, will provide a financial update.

Individuals wishing to participate in the conference call may dial toll- free (800) 289-0544; there is no passcode. The conference call replay, available through March 23rd, can be accessed by dialing toll-free (888) 203-1112, passcode 5237804.

Investors, the news media and the public may listen to a live Internet broadcast of the meeting at http://investor.itc-holdings.com. The webcast also will be archived on the ITC website at http://investor.itc-holdings.com.

About ITC Holdings Corp.

ITC Holdings' operating subsidiary, International Transmission, is the first independently owned and operated electricity transmission company in the United States. International Transmission owns, operates and maintains a fully-regulated, high-voltage system that transmits electricity to local electric distribution facilities from generating stations in Michigan, other Midwestern states and Ontario, Canada. The local distribution facilities connected to the International Transmission system serve an area comprised of 13 southeastern Michigan counties, including the Detroit metropolitan area. For more information on ITC Holdings, please visit http://www.itc-holdings.com. For more information on International Transmission, please visit http://www.itctransco.com. (itc-ITC)

SOURCE ITC Holdings Corp.

Investor\analysts: Pat Wenzel, +1-248-374-7200, pwenzel@itctransco.com, or Media: Lisa Aragon, +1-248-835-9300, laragon@itctransco.com, both of ITC Holdings Corp.

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