ITCTransmission Named 'Best & Brightest' by the Michigan Business & Professional Association

Aug 31, 2006

NOVI, Mich. Aug 31, 2006 /PRNewswire via COMTEX News Network/ -- ITCTransmission, subsidiary of ITC Holdings Corp. (NYSE: ITC) and owner and operator of the electricity transmission system in Southeast Michigan, has been recognized by the Michigan Business & Professional Association as one of "Metropolitan Detroit's 101 Best & Brightest Companies to Work For". The company will be officially recognized along with the other 100 recipients at an awards ceremony on October 12, 2006.

"ITCTransmission is committed to fostering an environment that attracts and retains the best talent possible," said Joseph L. Welch, president and CEO of ITCTransmission. "We focus on offering challenging, competitive career opportunities to attract talent that is well above the industry average and reflects the diversity of the population. The Best & Brightest award, which recognizes our dedication to our employees and focus upon building a culture in which they thrive, is one of the best we could ever receive."

ITCTransmission was selected from among over 1,000 applicants for the Best & Brightest award, which rewards above average programs, services and solutions for employees, among other innovations. The benefits and compensation program offered by ITCTransmission is highly competitive, and the culture set by senior management is an "open-door policy" where team members are encouraged to make suggestions and propose innovations to change things for the better.

About ITCTransmission

ITCTransmission, a subsidiary of ITC Holdings Corp. (NYSE: ITC), is the first independently owned and operated electricity transmission company in the United States. ITCTransmission is in the business of transmitting high voltage electricity from generating facilities in southeastern Michigan, other Midwestern states and Ontario to distribution substations, serving a population of approximately 4.9 million people in an area comprised of 13 southeastern Michigan counties, including the Detroit metropolitan area. Our operating assets consist primarily of approximately 2,700 circuit miles of transmission lines, approximately 17,000 transmission towers and poles and 155 stations and substations. ITCTransmission operates, maintains and invests in the transmission infrastructure in order to improve efficiency in the flow of electricity, enhance system reliability and lower overall delivered energy costs. For more information on ITCTransmission, visit http://www.itctransco.com. For more information on ITC Holdings Corp., visit http://www.itc-holdings.com. (itc-ITC)

SOURCE ITCTransmission

Lisa Aragon of ITCTransmission, +1-248-835-9300, laragon@itctransco.com

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