Elster Electricity CEO, Mark Munday, is a Finalist for 2006 Platts Global Energy Awards


Munday is recognized by Platts for vision and leadership in the utility industry

Raleigh, North Carolina, U.S.A., October 4, 2006 - Elster
Electricity, LLC announces that Mark Munday, CEO and president
of the company, has been nominated as a finalist for the "CEO of
the Year" award for the 8th annual Platts Global Energy Awards.
Munday was selected from a list of nominees based on their ability
to meet specific criteria for the award including integrity, courage,
vision, decisiveness, and leadership. Judges evaluate entrants and
select finalists based on the criteria listed in each category and
consider the company's profile and financial performance in 2005.
The judges consist of an independent panel of international energy experts, including energy ministers, national regulators, past heads of major energy companies, and leading academics and legislators.

The winners of the 2006 Platts Global Energy Awards will be announced at a gala celebration on Thursday, November 30th at the Cipriani Wall Street in New York City. For more information on the Global Energy Awards, visit www.platts.com/GEAWeb/Homepage.do.

About Platts

Platts, a division of The McGraw-Hill Companies (NYSE: MHP), is the world leader in providing energy information. For nearly a century, Platts has helped to enable ever-changing global energy markets enhance their performance through such offerings as independent industry news and price benchmarks. From 16 offices worldwide, Platts covers the oil, natural gas, electricity, nuclear power, coal, petrochemical and metals markets. Additional information on Platts real-time news and price assessment services, publications, databases, geospatial tools, conferences, magazines,
research and analytical services and energy financial services is available at www.platts.com.

Elster Electricity, LLC

About Elster Electricity, LLC

Elster Electricity is a provider of advanced metering infrastructure solutions to help utilities improve their revenue cycle services, customer service, delivery reliability, and workforce utilization. Elster Electricity is located in Raleigh, North Carolina and is part of the world's largest multi-utility metering company for electricity, water, and gas metering. For more information, visit www.elsterelectricity.com.

Contact Information:

Gabrielle Puccio
Director, Corporate Communications
Elster Electricity, LLC
208 South Rogers Lane
Raleigh, NC 27610 USA
Tel: (919) 250-5413
Fax: (919) 250-5489
gabrielle.puccio@us.elster.com
Elster Electricity, LLC

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