Minneapolis, Minn., Aug. 21, 2008 — Open Systems International, Inc. (OSI) has been awarded a major contract by Public Service Company of New Mexico (PNM) of Albuquerque, New Mexico to be the supplier of its next-generation Energy Management System (EMS) technology.

PNM serves about 487,000 electricity customers and 490,000 natural gas customers in 100 communities statewide and also sells electricity on the wholesale market. The company is New Mexico’s largest electricity and natural gas provider. PNM’s main motivation for this project has been the implementation of a more modern and open Energy Management System to allow PNM the ability to optimally meet the mandatory FERC/NERC regulatory requirements.

The proposed system is based on OSI’s monarch™ distributed open architecture and includes Supervisory Control and Data Acquisition, Automatic Generation Control and Dispatch (AGC), Load Shed and Restoration, Operator Training Simulator, Transmission Network Analysis, Historical Information System, Web-based Graphical User Interface, Calculation and Trending subsystem, Disturbance Data Collection and DNP and Secure ICCP communications, as well as a Backup Control Center.

“OSI is very pleased to have gained the trust of PNM in our company and technology. PNM joins our growing family of monarch Transmission users in the Western and Southwestern United States with unique Transmission system characteristics and requirements. We are confident that our superior technology will facilitate our customers’ compliance with the latest FERC/NERC reliability standards in the most optimal fashion. We look forward to a successful project with PNM,” said Bahman Hoveida, President & CEO of OSI.

“We are pleased to be working with OSI, a progressive company that has demonstrated successful, cost effective and timely implementation of its EMS technology. In addition, the high level of OSI customer satisfaction was a critical factor in our selection of the OSI monarch system.” said Frank Kroening, Manager of Operations Engineering for PNM.

About PNM

PNM is a subsidiary of PNM Resources, an energy holding company based in Albuquerque, NM. PNM Resources stock is traded primarily on the NYSE under the symbol PNM. For more information, see the company’s Web site at www.PNM.com.

About OSI

OSI (www.osii.com) provides open, state-of-the-art, and high-performance automation solutions to utilities worldwide. These solutions include Supervisory Control and Data Acquisition (SCADA) Systems, Network Management Systems (NMS), Energy Management Systems (EMS), Distribution Management Systems (DMS) and Generation Management Systems (GMS), as well as individual software and hardware products and e-business solutions for utility operations. OSI is headquartered in Minneapolis, Minn.

Contact

For additional information regarding this news release please contact news@osii.com.

Cedar Rapids, Iowa, Aug. 8, 2008 –- In a decision that will reduce impediments for wind energy development in Iowa and Minnesota, the Federal Energy Regulatory Commission (FERC) has approved a cost allocation proposal from ITC Midwest LLC (ITC Midwest) for connecting generators to the electric grid. The decision makes it easier and reduces a cost barrier for generators – including wind energy developers – to connect to the high-voltage electric transmission system operated by ITC Midwest in Iowa and Minnesota.

In a joint application made with the Midwest Independent Transmission System Operator, Inc. (Midwest ISO) on April 4, 2008, ITC Midwest proposed that it provide 100 percent repayment to generators for the network upgrades needed to reliably interconnect the generators to the ITC Midwest transmission system. Connection to the grid is necessary for generators to sell energy to customers located on the system. Previously, generators interconnecting to the ITC Midwest system were required to ultimately bear half the costs of most network upgrades along with other costs of interconnection. Under the newly-approved policy, generators will be fully reimbursed for the costs of network upgrades necessary to enable their interconnection with the ITC Midwest system, provided the generators meet certain eligibility requirements.

FERC approved the application on August 7, 2008, giving it an effective date of December 20, 2007. That is the date that ITC Midwest acquired the electric transmission system from Alliant Energy’s Interstate Power and Light Co. subsidiary.

“We are very pleased with the decision and FERC’s continued support of competitive open markets,” said Doug Collins, ITC Midwest executive director. “The decision is consistent with FERC’s direction to invest in the nation’s electric transmission system to improve reliability and encourage open access to the grid. Given our strong wind profile in Minnesota and Iowa, this decision further encourages development of renewable electricity sources in the ITC Midwest service area.”

The decision can be found in FERC Docket No. ER08-796-000 and ER08-796-001 and can be accessed at FERC’s website at http://www.ferc.gov.

About ITC Holdings Corp.

ITC Holdings Corp. (NYSE: ITC) invests in the electricity transmission grid to improve electric reliability, improve access to markets, and lower the overall cost of delivered energy. ITC is the largest independent electricity transmission company in the country. Through its subsidiaries, ITCTransmission, Michigan Electric Transmission Company (METC) and ITC Midwest, ITC operates contiguous, regulated, high-voltage transmission systems in Michigan’s Lower Peninsula and Iowa and Minnesota. ITC is also focused on new areas where significant transmission system improvements are needed through subsidiaries ITC Grid Development, ITC Great Plains and ITC Panhandle Transmission. For more information, please visit: http://www.itc-holdings.com. (itc-ITC)

Investor/Analyst contact:

Pat Wenzel

248-946-3570

pwenzel@itc-holdings.com

Media contacts:

Tom Petersen

319.899.9513

tpetersen@itctransco.com

Lisa Aragon

248-835-9300

laragon@itctransco.com

Contact:

Nicolena Stephan

Account Executive

Franco Public Relations Group

400 Renaissance Center

Suite 1000

Detroit, MI 48243

313-567-5029 office

586-350-7341 mobile

stephan@franco.com

Aug. 1, 2008 — When the electrical construction industry sets its mind to something, it means business – particularly when it comes to safety. Four years ago, the Occupational Safety and Health Administration (OSHA) partnered with six electrical contractors, one union and two industry organizations to create an unprecedented Electric Transmission and Distribution (ET&D) Safety Partnership focused on reducing worker injuries and fatalities.

The Partnership’s ability to drive change in an industry with deep-rooted traditions, work processes and methods is real. Its impact is due largely to the fact that, combined, member organizations reach more than 80 percent of the lineman community. One of the Partnership’s most tangible successes is the industry-wide implementation of Best Practices — processes or methods that can be applied throughout the electrical industry to reduce the frequency of incidents.

Through one of four Task Teams, the Partnership researched, identified, defined and implemented six initial Best Practices. The following summarizes certain Best Practices deployed to and adopted by each partner company.

•The Administrative Controls Best Practice: Developed to eliminate injuries resulting from improper planning by ensuring key job hazards are identified and controlled. It states that the pre-planning process should begin at the pre-bid meeting and extend through the preliminary job site analysis. The Best Practice further states that the contractor request information from the host employer to enable adequate risk assessments prior to beginning operations.

•The Job Briefing Best Practice provides a uniform methodology and outlines the key components of job briefings. During briefings, job sequence should be documented, hazards to be encountered should be identified and steps should be taken to control or eliminate hazards by following certain processes. All crewmembers are to participate in a documented job briefing, to be held at the start of the work shift at the project site.

•The Best Practice related to rubber protective equipment establishes protocols concerning effective inspection. It states that prior to each use, all protective equipment be inspected for any damage, wear or contamination that would compromise its ability to insulate or isolate the linemen from different potentials.

•The Qualified Observer Best Practice states that a crewmember be identified as an observer to ensure clearances are maintained, and personal protective equipment and effective cover-up is installed. The observer shall be capable of identifying nominal voltages, energized components, minimum approach distances and proper safe work practices while crewmembers are working on energized lines.

•The Best Practice related to insulate and isolate procedures states that a safety review, including assurances that company safety rules and proper cover up procedures are in place, be followed and performed by a competent person.

•The Cradle-to-Cradle Best Practice outlines protocols related to effective use of insulating rubber gloves and sleeves. It states that rubber protective insulating sleeves and gloves be worn cradle-to-cradle when working on energized circuits or equipment from an aerial platform. Additionally, the insulating rubber sleeves shall meet or exceed the electrical class rating of the insulating rubber gloves when working on primary conductors.

These six practices are making great strides toward improved safety for transmission and distribution construction workers. Information on the partnership, detailed descriptions of Best Practices and frequently asked questions are accessible on the Partnership’s website at www.powerlinesafety.org or on the OSHA website www.osha.gov. Members of the Partnership include: OSHA, Asplundh Tree Expert Company, Inc., Edison Electric Institute (EEI), Henkels & McCoy, Inc., International Brotherhood of Electrical Workers (IBEW), MDU Construction Services Group, Inc., MYR Group, Inc., National Electrical Contractors Association, Pike Electric, Inc. and Quanta Services Inc.