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NEWS RELEASE

Consumers Energy
2908 S. Center St.
Marshalltown, IA 50158
800-696-6552

Release Date: Immediate

Contact: Deb Borton @ 641-752-1593

Consumers Energy's 65th Post Annual Meeting Update

SEPT, 8 2003, MARSHALLTOWN — Consumers Energy held its 65th Annual Meeting on September 4, 2003, at Gates Memorial Hall in Nevada. Over 400 members and guests of the cooperative attended the business meeting.

Elected to three-year terms were Robert Collins of Colo, Janice Paper of State Center, and Steven Salasek of Marshalltown.

Robert Collins, President of the Board of Directors, presided over the meeting, which included reports from Daniel Lee Dadisman, Secretary-Treasurer, on the financial status of the cooperative.

Brian D. Heithoff, CEO/General Manager of Consumers Energy, began by sharing his thoughts about the cooperative’s rich and glorious history and provided insight to what lies ahead in Consumers Energy’s future. “Our vision for the future and mission is different than in the past when we simply defined our purpose as being to deliver reliable and affordable power. We will still do that…and at the same time, we will be doubling down on our roots by transitioning the cooperative to providing a higher level of value by helping our members…and even non-members…on a whole host of energy needs. Who else other than your trusted…and locally-owned cooperative? Collectively, working in a spirit of cooperation, we can do it. I have confidence in us, in this organization, in the Board, and in our membership’s support,” stated Heithoff during the meeting.

Consumers Energy is a progressive energy delivery and energy management cooperative serving 4,900 members and customers in Marshall, Story, Polk, Tama and Jasper Counties since 1938. Today Consumers Energy is perched on the threshold of a new and challenging future. Consumers Energy is also a Touchstone Energy Cooperative, which is an alliance of local, consumer-owned electric utilities serving millions of businesses and homes across the country.


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