Press Release

09.08.08
Oncor Closes $1.5 Billion Debt Issuance
Oncor Electric Delivery Company LLC today announced today that it has closed on the sale of $1.5 billion of Senior Secured Notes with registration rights in a private placement transaction.

08.13.08
Oncor Announces Minority Sale; Standard & Poor’s Upgrades Oncor’s Credit Rating As A Result
As a result of the minority sale, Standard & Poor’s (S&P) announced that it upgraded Oncor Electric Delivery Company LLC’s credit ratings two notches from BBB- to BBB+.

04.26.04
TXU Announces First Phase of Restructuring Transactions Totaling $8 Billion
TXU Corp. (NYSE: TXU) today announced a series of transactions totaling approximately $8 billion: the sale of TXU Australia, the sale of TXU Fuel, its intent to sell TXU Gas and the repurchase of TXU Energy’s Exchangeable Preferred Membership Interests. Additionally, TXU announced expected 2004 results of its 4+4 business improvement program. TXU should realize value and reduced risks from these transactions and initiatives, including an enhanced earnings outlook, reduced debt level, reduced debt to total capital and increased interest coverage ratio.

01.16.04
TXU Agrees to Sell TXU Communications to Consolidated Communications
TXU Corp. and Consolidated Communications, Inc. announced today an agreement for TXU to sell TXU Communications, a telecommunications business located in southeast Texas, to Consolidated Communications, Inc. for $527 million, including approximately $524 million in cash and $3 million in assumed debt. The sale is expected to close in the first half of 2004, pending Federal Communications Commission approval and Hart-Scott-Rodino Act review.