Safe Harbor Statement

1/23/2002


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Table of Contents

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Safe Harbor Statement

DTE Energy Team

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Why Invest in DTE Energy?

Strong and Stable Cash Flows

Capital Investment Flexibility

Consistent Earnings Growth

Strong Risk Management

Why Invest in DTE Energy?

Attractive Cost Position

Stable Regulatory and Political Environment

Minimal Fuel & Purchased Power Risk

Why Invest in DTE Energy?

An Integrated and Diversified Portfolio

Integrated Non-regulated Portfolio: On-Site Energy Projects

Integrated Non-regulated Portfolio: Coal Tolling

Integrated Non-regulated Portfolio: Distributed Generation

Why Invest in DTE Energy?

Strong Historical Performance versus Industry Peers

Strong Historical Performance versus Industry Peers

Still Trading at a Discount

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Appendix

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Executives and Employees Ownership Interest

DTE Energy is a National Energy Company

Author: Grant M. Jamieson