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Alliant Energy Marks 10 Years of Operation With Ceremonial Bell Ringing at NYSE

   Alliant Energy is the parent company of two public utility companies--Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL)--and of Alliant Energy Resources, Inc. (AER), the parent company of Alliant Energy's non-regulated operations. (PRNewsFoto/ALLIANT ENERGY CORPORATION)

MADISON, WI UNITED STATES
   Company was created as part of a 3-way company merger; LNT stock began
                         trading on April 21, 1998

    MADISON, Wis., April 21 /PRNewswire-FirstCall/ -- Alliant Energy
Corporation (NYSE: LNT) will mark the 10th anniversary of its merger when
Bill Harvey, Chairman, President and Chief Executive Officer rings The
Closing Bell(R) at the New York Stock Exchange (NYSE) tomorrow afternoon.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20020405/LNTLOGO)

    Since the merger Alliant Energy stock has achieved a total shareholder
return of 89 percent, which compares favorably to the S&P 500 return of 45
percent over the same period.

    "We're honored to mark our 10th anniversary by ringing the closing bell
at the New York Stock Exchange," Harvey said. "10 years ago three separate
entities, IES Industries, Interstate Power and Light Company and Wisconsin
Power and Light Company, merged to form what has become Alliant Energy. The
result of that merger has been a noteworthy success for customers,
shareowners, and the communities we serve. Alliant Energy is committed to
continuing to meet its customers' energy needs with a plan that balances
reliability, affordability and a commitment to a greener future. It's been
a great 10 years, and we look forward to the next 10 and beyond."

    Alliant Energy provides electric and natural gas service to
approximately one million electric and approximately 400,000 natural gas
customers in Wisconsin, Iowa and Minnesota. It serves more than 1,000
cities and towns within its service territory; many have been served by
Alliant Energy predecessor companies for nearly 100 years. Alliant Energy's
corporate headquarters is located in Madison, Wisconsin with general
offices in Cedar Rapids and Dubuque, Iowa. The company employs
approximately 5,200 people.

    Among those ringing the bell with Harvey will be Eliot Protsch, Senior
Executive Vice President and Chief Financial Officer; Barbara J. Swan,
Executive Vice President, General Counsel and President of Wisconsin Power
and Light Company; Thomas L. Aller, Senior Vice President-Energy Delivery
and President of Interstate Power and Light Company.

    A live webcast of the event can be accessed on the home page of
http://www.nyse.com beginning at 3:55 p.m. EST tomorrow.

    Alliant Energy is an energy-services provider with subsidiaries serving
approximately 1 million electric and over 400,000 natural gas customers.
Providing its customers in the Midwest with regulated electric and natural
gas service is the company's primary focus. Alliant Energy, headquartered
in Madison, Wis., is a Fortune 1000 company traded on the New York Stock
Exchange under the symbol LNT. For more information, visit the company's
Web site at http://www.alliantenergy.com.



SOURCE Alliant Energy Corporation




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Related links:
  • http://www.alliantenergy.com
    Photo Notes:http://www.newscom.com/cgi-bin/prnh/20020405/LNTLOGO
    AP Archive: http://photoarchive.ap.org
    PRN Photo Desk, photodesk@prnewswire.com
    CONTACT:
    Media, Rob Crain, +1-608-458-4469, or
    Investor Relations, Jamie Freeman, +1-608-458-3274, both of
    Alliant Energy