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i <br />HOUSTON INDUSTRIES INCORPORATED <br />FACT SHEET <br />(Year-end 1995) <br />Houston Industries Incorporated (HI) is a holding company with $118 billion in assets and <br />annual revenues of $3.7 billion HI is involved in the electric utility and unregulated power businesses <br />in the U.S. and in foreign markets Houston Lighting & Power Company (HL&P), a regulated <br />electric utility, is Hi’s oldest and largest subsidiary' Hi’s business strategy is to remain in the energy <br />and energy services industries and to pursue opportunities with the potential for greater growth and <br />risk-adjusted returns than could be achieved in the regulated utility industry alone. <br />Houston Lighting & Power Company (HL&P) is the nation’s ninth-largest electric utility <br />in terms of sales which, in 1995, exceeded 61 billion kilowatt-hours. HL&P serv'es more than 1.5 <br />million customers in a 5,000 square-mile area along the Texas Gulf Coast that has a population <br />exceeding 3.7 million. Firm peak demand in 1995 was 11,419 megawatts. <br />Houston Industries Energy, Inc. (HI Energy) pursues foreign utility privatizations and the <br />development of unregulated power generation projects. HI Energy has operations in the U S., <br />Argentina and Brazil, and projects under construction in Argentina and India. <br />Selected Financial Drta <br />($ Millions) <br />Revenues;1995 1994 <br />HI Consolidated <br />HL&P <br />$ 3.730.2 <br />3,680.3 <br />$ 3,754.1 <br />3,746.1 <br />Income from Continuing Ooerations • <br />HI Consolidated <br />HL&P <br />397 4 <br />451.0 <br />424.0 <br />453.2 <br />Total Assets:11,819.6 11,403.1 <br />I