This web site contains statements reflecting assumptions, expectations, projections, intentions or beliefs about future events that are intended as "forward-looking statements." All statements included in this website, other than statements of historical fact, that address activities, events or developments that management expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements represent our reasonable judgment on the future based on various factors and using numerous assumptions and are subject to known and unknown risks, uncertainties and other factors that could cause our actual results and financial position to differ materially from those contemplated by the statements. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as "anticipate," "estimate," "project," "forecast," "plan," "may," "will," "should," "expect" and other words of similar meaning. In particular, these include, but are not limited to, statements relating to the following:

• beliefs and expectations regarding the transaction with LS Power and its associated benefits and future asset impairments and charges related to such transaction;
• beliefs regarding savings expectations and cost reductions in capital expenditures, operations and maintenance and corporate general and administrative expenditures; 
• beliefs about commodity pricing and generation volumes;
• beliefs and assumptions relating to liquidity, available borrowing capacity and capital resources generally;
• expectations regarding environmental matters, including costs of compliance, availability and adequacy of emission credits, and the impact of ongoing proceedings and potential legislation and regulations, including those relating to climate change and GHGs;
• sufficiency of, access to and costs associated with coal, fuel oil and natural gas inventories and transportation;
• beliefs and assumptions about market competition, generation capacity and regional supply and demand characteristics of the wholesale power generation market;
• strategies to capture opportunities presented by changes in commodity prices and to manage our exposure to energy price volatility;
• beliefs and assumptions about weather and general economic conditions;
• beliefs regarding the current economic downturn, its trajectory and its impacts;
• beliefs and expectations associated with minimum generation events in the Midwest;
• projected operating or financial results, including anticipated cash flows from operations, revenues and profitability;
• beliefs and assumptions regarding our liquidity needs and the credit markets and our access thereto;
• beliefs and expectations regarding financing, development and timing of the Sandy Creek and Plum Point projects;
• expectations regarding our revolver capacity, collateral demands, capital expenditures, interest expense and other payments;
• our focus on safety and our ability to efficiently operate our assets so as to maximize our revenue generating opportunities and operating margins;
• beliefs about the outcome of legal, regulatory, administrative and legislative matters;
• expectations and estimates regarding capital and maintenance expenditures, including the Midwest Consent Decree and its associated costs; and
• efforts to position our power generation business for future growth and pursuing and executing acquisition, disposition or combination opportunities.

Any or all of our forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions or by known or unknown risks, uncertainties and other factors, many of which are beyond our control, including those set forth under Item 1A. Risk Factors of our Annual Report on Form 10-K for the year ended December 31, 2008. Please read our annual, periodic and current reports under the Securities Exchange Act of 1934, as amended, for additional information about the risks, uncertainties and other factors affecting these forward-looking statements and our business generally. Our actual future results may vary materially from those expressed or implied in any forward-looking statements. All of our forward-looking statements, whether written or oral, are expressly qualified in their entirety by these cautionary statements and any other cautionary statement that may accompany such forward-looking statements. In addition, forward-looking statements speak only as of the date they are made, and we disclaim any obligation to update any forward-looking statements to reflect events or circumstances after the date of the document containing such forward-looking statements, except as otherwise required by applicable law.