ITC Holdings Corp.

ITC, a Fortis company, is the energy industry�s leading electricity transmission company. We deliver bulk electrical energy from power generating plants along high-voltage lines to the local distribution system of utilities serving communities. We invest in power lines that will meet the needs of the 21st century. As the only fully independent transmission company in the U.S., our business is not distracted by electricity generation or distribution. Transmission is our sole focus. As a result, we can concentrate fully on planning, building, operating and investing in high-value, highly-reliable electricity transmission to our customers and communities. ITC owns and operates high-voltage transmission facilities in Michigan, Iowa, Minnesota, Illinois, Missouri, Kansas and Oklahoma. ITC�s grid development focus includes growth through regulated infrastructure investment as well as domestic and international expansion through merchant and other commercial development opportunities.