Capgemini Collaborates with Platts to Address Utility Merger & Acquisition Issues at June...

Event Brings Energy, Financial and Government Experts Together

NEW YORK -- Capgemini, one of the world's foremost providers of consulting, technology and outsourcing, today announced it will be the exclusive principal sponsor of the Platts 4(th) Annual Utility M&A Conference, June

Steve Power, vice president, Energy and Utilities, Americas Outsourcing Services, Capgemini will be the conference chairperson. "Capgemini is proud once again to sponsor an event that provides decision-makers in the utility industry with the opportunity to network with their peers and gives them the opportunity to interact with key players from the financial and regulatory communities who have been actively involved with consolidation and M&A activity," Power said. "We were pleased to collaborate with Platts to design an event agenda that spurs discussion among the industry's most knowledgeable leaders about the critical trends shaping utility economics today."

The event will provide attendees with the opportunity to question high-level panels of utility, financial, and regulatory M&A players about:

* Consolidation proposition

* Regulation management

* Alternative investment financing

* Smart grid economics, and

* Lessons learned from past M&A deals.

"Research from the recently released Platts/Capgemini Utilities Executive Study shows that more than a year after the repeal of the Public Utility Holding Company Act (PUHCA) the regulatory environment for the utility industry is still a source of major concern. However, utility companies increasingly are seeing the important role that transformational outsourcing can play in enabling them to meet new and changing demands," Power said.

Moderators and panelists include:

* Marc Spitzer, Commissioner, Federal Energy Regulatory Commission

* Jeffrey R. Holzschuh, Vice Chairman of ISG and Chairman, Global Power and Utility Group, Morgan Stanley

* Amin Bishara, Vice President, Capgemini

* Connie O. Hughes, Commissioner, New Jersey Board of Public Utilities

* Joseph L. Welch, President and Chief Executive Officer, ITC Holdings Corp.

* Doug Strebel, Partner, Black River Capital

* Jack W. Thayer, Vice President and Managing Director, Corporate Strategy and Development, Constellation Energy

* Paul H. Barry, Senior Vice President and Chief Development Officer, Duke Energy

* Larry L. Weyers, President and Chief Executive Officer, Integrys Energy Group

* Robert Shapard, Chairman and Chief Executive Officer, Oncor Electric Delivery

About Capgemini

Capgemini, one of the world's foremost providers of Consulting, Technology and Outsourcing services, enables its clients to transform and perform through technologies. Capgemini provides its clients with insights and capabilities that boost their freedom to achieve superior results through a unique way of working, which it calls the Collaborative Business Experience. Capgemini reported 2006 global revenues of EUR 7.7 billion (approx. US$10 billion) and employs approximately 75,000 people worldwide. More information is available at www.us.capgemini.com.