2nd Annual Energy & Power Investor Conference Paris, France For More Information Contact: Kristina Jaoude 212-408-5703 Kristina.Jaoude@CLamericas.com or: Marie-Christine Van Hessche +33 (0) 1 42 95 08 29 marie-christine.vanhessche.clse.com	9.26.2002 9.27.2002 Electrabel SA Willy Bosmans, Chief Executive Officer of Electrabel SA & Executive Director of Tractebel ScottishPower Charles Berry, Executive Director UK European Commission, Director General for Energy and Transport Dominique Ristori, Director General Affairs and Resources Williams Companies James Ivey, Treasurer Endesa SA Miguel Temboury, Head of Investor Relations Iberdrola Ignacio Cuenca, Head of Investor Relations TDISCLOSURE INFORMATION: The information and statistical data herein have been obtained from sources we believe to be reliable but in no way are warranted by us as to accuracy or completeness. We do not undertake to advise you as to any change in our views. This is not a solicitation or any offer to buy or sell. We, our affiliates, and any officer director or stockholder, or any member of their families may have a position in, and may from time to time purchase or sell any of the above mentioned or related securities. This material has been prepared for and by Credit Lyonnais Securities (USA) Inc. This publication is for institutional clients distribution only. This report or portions thereof cannot be copied or reproduced without the prior written consent of Credit Lyonnais Securities (USA) Inc. © 2002 Credit Lyonnais Securities (USA) Inc. All rights reserved.