GM Selects VESTAR for Energy Savings Projects

    CINCINNATI--Nov. 27, 2001--VESTAR, Inc., an affiliate of Cinergy Corp. , has been selected by General Motors to design and implement energy savings projects at several of its automotive manufacturing facilities.
    VESTAR will provide the engineering, construction management and financing of the projects, which will include lighting and paint shop retrofits to improve energy efficiency and reduce energy costs for GM. The project covers 13 facilities in six states (Michigan, Indiana, Ohio, Louisiana, Kentucky and Delaware). The multi-million dollar series of projects is expected to be completed by March, 2002. Terms of the agreement and projected savings were not disclosed for competitive reasons.
    "These energy saving projects will improve our work environment and reduce emissions from the production of the energy, giving us a double benefit," said Joseph Bibeau, utility service group director -- worldwide operations for GM.
    "GM has selected VESTAR to help proactively lower energy cost and improve the environmental impact of its manufacturing operations," said Leland Smith, president of VESTAR. "We work very closely with clients, like GM, to understand their business needs, design solutions to accomplish their goals, and adjust our work plans to meet their production schedule."
    VESTAR is the second Cinergy affiliate involved in energy projects with GM, joining Cinergy Solutions, Inc., which provides combined heat and power production services at GM facilities in Michigan, Louisiana and Oklahoma.
    General Motors , the world's largest vehicle manufacturer, designs, builds and markets cars and trucks worldwide. In 2000, GM earned $5 billion on sales of $183.3 billion (excludes special items). It employs about 372,000 people globally. Founded in 1908, GM today sells its vehicles in about 200 countries. The Company has manufacturing operations in more than 30 countries.
    VESTAR, Inc. is an energy service company specializing in facility and infrastructure solutions and the application of energy-related technology. VESTAR works to understand customer goals and apply ingenuity to develop and deliver facility infrastructure solutions that conserve resources and improve performance. VESTAR is an affiliate of Cinergy Corp., one of the largest diversified energy companies in the U.S.