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‘>41. <br />Energy CORP. <br />T. Milton Honea <br />Chairmi^n of tne Board. President and <br />Chief Executive Officer <br />Mtnifvfc, <br />iL <br />August 12,19%Ti <br />'3 // <br />\ % <br />< I <br />Dear Public Official, <br />Permit me to apologize for this informal communique, but 1 felt, in this case, immediacy <br />was more important thcin sU’Ie. <br />I wanted to advise vou that Nor Am Energy Corp., which serv'es your area through one <br />of our subsidiar\' companies, has received a proposal from Houston Indi^tries <br />"klcorporated toVquire the stock of Nor Am and merge our companies. Our Board of <br />Directors has evaluated this proposal and unanimously voted to accept the offer and <br />submit it to NorAm stockholders for approval. This was announced on Monday, <br />August 12. <br />Although I don't anticipate this consolidation of companies will affect, in any way, the <br />service we are privileged to provide your community, 1 wanted you to have the details <br />of this proposed merger. I have taken the liberty to enclose with this letter a copy of the <br />press release announcing this event. I have adso included fact sheets and other data for <br />your information. <br />The local gas distribution compiuues, which are NorAm subsidiaries, will retain their <br />separate identities and organizations. This combination offers excellent potential for <br />enhancing customer service and for providing a wide range of new value-added <br />service. <br />The information I have included provides significant details on all aspects of this <br />proposed consolidation. If you would like additional formation, please contact ou^ <br />loccd representative. VVe will keep you informed of significant events as we proceed. <br />Cordiedlv, <br />end. <br />1600 SMITH STREET • P.O. BOX 2628 • HOUSTON. TEXAS 77252-2628 • PHONE 713/654-5931 <br />A