Benefits of Acquisition Composite Power's WNP-1&4 Acquisition Offer Benefits All Parties CPC Believes Energy NW Lease Already Terminated Composite Power Believes DOE's 30-Year, 1975 Lease with Energy Northwest for Site WNP-1&4, Is Already Terminated Composite Power is Considering Other Options Composite Power is evaluating several other sites in other states. January 21, 2002 Composite Power Announces Plans to Build Major Industrial Park in Southeastern Washington State (Benton County) • April 21, 2003 Composite Power NW President Ray Robinson Meets with BPA Administrator Steve Wright and Energy Northwest CEO Vic Parrish • April 29, 2003 Composite Power Addresses Energy Northwest Concerns Over Security and Radiological Safety/Emergency Preparedness • April 29, 2003 Composite Power's Acquisition Offer for WNP-1&4 Site Provides Near Term Financial Relief to Bonneville Power Administration • May 7, 2003 Composite Power Offers to Acquire the WNP-1&4 Site in Southeastern Washington •

SITE ACQUISITION CURRENT NEWS Composite Power's WNP-1&4 Acquisition Offer Benefits All Parties BPA - BPA, a DOE organization, can free up tens of millions of dollars near term for much needed power rate relief or other uses. DOE's Richland Operation Office - DOE-RL adds to its successes in shrinking its footprint and leveraging its Hanford assets for the benefit of the southeastern Washington State communities impacted as DOE cleans up and shuts down its Hanford operations. Cabinet-level Department of Energy - DOE helps the Administration implement its National Energy Policy. Composite Power's plans for WNP-1&4 are a near-perfect match for the Administration's and the Congress's push for 1) developing sustainable, competitive, non-hydro renewable energy; 2) expanding and improving the nation's antiquated electric power infrastructure without degrading the environment; 3) increasing energy efficiency; and 4) providing important national security benefits as part of other needed power and infrastructure improvements. Energy Northwest - Energy Northwest gets a thriving industrial power park as its neighbor and a potential partner with the opportunity to share benefits and infrastructure thereby reducing its own costs as Composite Power implements its reuse plans. Southeastern Washington Communities - Jobs and essential, new infrastructure to lure new companies and support existing companies are a direct result of Composite's acquisition and reuse of the WNP-1&4 site. The communities in close proximity to the WNP-1&4 site will gain the benefits of hundreds of family wage, private sector jobs unrelated to the ups and downs of federal budgets for DOE cleanup work in the area. The neighboring communities also gain a major new industrial power park asset that can help attract other primary and secondary industries and jobs to the region. Benton County - Benton County, where WNP-1&4 is situated, will finally begin to realize tax-related income as site reuse progresses from an otherwise dormant, virtually abandoned site in the mid-Columbia River Basin desert. Benton County will also gain an attractive, landscaped, highly functional, privately-owned industrial power park site as part of its asset base. Composite Power Corporation - Composite Power, rather than having DOE lease terms and conditions as incentives to help ensure timely reuse of the site, will have up to $45 million of incentives to beneficially and timely reuse the WNP-1&4 site. Composite Power will also own the site with several advantages and flexibilities of ownership that generally outweigh leasing. Other Parties - Other parties, including but not limited to, tribal nations, organized labor, environmental organizations, public and investor owned utilities, and many others will benefit from Composite Power's acquisition and reuse of the WNP-1&4 sites