
EL PASO, Texas -- (Business Wire)
El Paso Electric (NYSE: EE) announces that it is canceling the investor
conference call scheduled for October 26, 2011 at 10 AM MT, the purpose
of which was to update investors on the outcome of the City of El Paso’s
(the “City”) hearing to consider establishing temporary rates. The City
has advised the Company that it will postpone the date for the temporary
rate hearing at its October 25, 2011 council meeting and is likely to
reschedule the hearing for November 15, 2011 as the City needed
additional time. We will provide an update on Texas regulatory matters
during our earnings conference call scheduled for November 2, 2011. The
Company intends to vigorously defend its rates, which were lawfully
approved only last year by the City and the Public Utility Commission of
Texas as just and reasonable.

Contacts:
El Paso Electric
Media:
Teresa Souza, 915-543-5823
or
Analysts:
Rachelle
Williams, 915-543-2257
Source: El Paso Electric
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