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HOUSTON INDUSTRIES INCORPORATED <br />FACT SHEET <br />(Y>ar-end 1995) <br />Houston Industries Incoq)orated (HI) is a holding company with $11.8 billion in assets and <br />annual revenues of $3 7 billion HI is involved in the electric utility and unregulated power businesses <br />m the U S. and in foreign markets Houston Lighting & Power Company (HL&P), a regulated <br />electric utility, is Hi’s oldest and laigest subsidiary Hi’s business strategy is to remain in the energy' <br />and energy services industries and to pursue opportunities with the potential for greater growth and <br />risk-adjusted returns than could be achieved in the regulated utility industry alone <br />Houston Lighting & Power Company (HL&P) is the nation’s ninth-largest electric utility <br />in terms of sales w hich, in 1995, exceeded 61 billion kilowatt-hours HL&P serves more than 1.5 <br />million customers in a 5,000 square-mile area along the Texas Gulf Coast that has a population <br />exceeding 3.7 million. Firm peak demand in 1995 was 11,419 megawatts. <br />Houston Industries Energy, Inc. (HI Energy) pursues foreign utility privatizations and the <br />development of unregulated power generation projects HI Energy has operations in the U.S., <br />Argentina and Brazil, and projects under construction in Argentina and India. <br />Selected Financial Data <br />($ Millions) <br />Revenues:1995 1994 <br />HI Consolidated S 3,730.2 S 3,754.1 <br />HL&P 3,680.3 3,746.1 <br />Income from Continuing Operations <br />HI Consolidated 397.4 424.0 <br />HL&P 451.0 453.2 <br />Total Assets:11,819.6 11,403.1 <br />I\ <br />4