Slide 1: Entergy Corporation
Entergy Corporation EquityMarket Cap Company $B = Southem = 21.4 + Exelon 20.7 * Dominion 20.0 + Duke 16.1 + ETR 123 + AEP 19 azof anon Total Return to Shareholders - 9% Mem YR SVR 8YR ae of9r0me Entergy Strategy cps) orktnty lscale BnSHEME set ationships| tsk tssere beectens Partiola] LongiShort ja
Slide 2: Utility Business
Utility Business Service TerttoryiCustomers 2004E Eamings Breakdown Retail Sales- TWh Generating Capacty Gas 39% @ tity Strateay Tinproved Service Reliabiity e = Improve Duration Frequency Pees: Regulstory Call Center Operational Improvements: @ Regulatory Recovery: es Regulated Fossil Treasaissien
Slide 3: Nuclear Business
Nuclear Business 2) vas Reg Southem Fleet Northeast Fleet, Nuclear Strategy “17 s0 closeipurchase' ofa agismw 4,001 MW ES nuclear plant + Average acquisition cost Lies Operational INuctesr Improvements of $240/Kw bee a * Safely + Expansion strategy rena FisPetrick =Copacty based on operational River
Slide 4: Entergy-Koch, L.P.
Entergy-Koch, L.P. (2) Partnership Structure EK Strategy (3) Gulf South Pipeline Pipeline Operating Expenses - $M @ @ ‘Aseet Postions Under Management Dalvery 23 Betiday| e @ Dally Trading Earrings Distibution ay! Credit Metres netmbrestcovrags atone Fines Met pti ton 9 * 2 100 20 14 2 " 5 oe of me
Slide 5: Safe Harbor and Reg G Compliance
Safe Harbor and Reg G Compliance The following constitutes a “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1998: Fiom time to time, Entergy makes slalements conceming Te capeclations DaIets pans ¢ is expectations, belets, plans, objectives, goals, strategies and futur