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~ First Choice Power is the retail affiliate of Texas-New Mexico Power Company and is based in Fort <br />~ Worth, Texas. First Choice is a certified Retail Electric Provider (REP) with the Public Utility <br />Commission of Texas, certificate number 10008. <br />~ Texas-New Mexico Power has been serving wholesale and retail customers in north, central, west, and <br />~ south Texas for more that 65 years. The company provides community-based electric service to 85 <br />cities and more than 233,000 customers in Texas and New Mexico. TNP Enterprises was traded on the <br />~ New York Stock Exchange until April 2000, when it was acquired by a group of private investors. <br />Like its parent company, First Choice Power has distinguished itself by providing outstanding customer <br />1 service. Our slogan, "Energy With a Smile" truly captures the essence of our company. <br />We strive to provide competitive electricity prices with an unparaileled level of service. First Choice <br />Power and TNMP's service excellence is not an isolated achievement, but is validated continuously. <br />Our quarterly customer satisfaction surveys (conducted by an outside company) consistently exceed <br />the national average for utilities around the country. We do not rest on our laurels: customer satisfaction <br />levels reached a record high level in 2000. <br />~ First Choice Power is smalier than most of its competitors. As a result, CAPP members will be a <br />significant addition to our client base and benefit from our personalized customer service. We have built <br />~ our company around its customer's needs. First Choice Power's service excellence includes: <br />i . People, not machines, answer telephones at our call center (1-866-4MyChoice) and are available to <br />1 respond to your requests. <br />~ • Our website (www.firstchoicepower.com) was judged the most helpful by the Public Utility <br />Commission of Texas. <br />• Consteliation Energy Group, our wholesale supplier was named "Best Power Marketer" by Energy <br />~ Industry Outlook in 2000. <br />Our goal is to provide you with friendiy service, fair pricing and simple solutions to your energy needs. <br />~ <br />~ _ 11 <br />Confidential and Proprietary <br />