Westinghouse, SCE&G in Agreement for Two AP1000 Nuclear Plants

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Westinghouse, SCE&G in Agreement for Two AP1000 Nuclear Plants
                  - Second U.S. EPC Contract In Six Weeks
                  - Commercial operation to begin in 2016

    PITTSBURGH, May 27 /PRNewswire/ -- Westinghouse Electric Company today
announced that it and its partner The Shaw Group Inc.'s (NYSE: SGR) Power
Group have signed an Engineering, Procurement and Construction contract
(EPC) with South Carolina Electric & Gas Company (SCE&G), principal
subsidiary of SCANA Corporation (NYSE: SCG), and Santee Cooper, a
state-owned electric and water utility in South Carolina, to provide two
Westinghouse AP1000(TM) nuclear power units at the V.C. Summer Nuclear
Station in Jenkinsville, S.C.

    Steve Tritch, Westinghouse president and CEO, said the EPC contract,
the second to be signed by Westinghouse in the last six weeks, shows that
nuclear power is now fully accepted as a cost-competitive, clean and highly
safe source of baseload generation.

    "We congratulate South Carolina Electric & Gas and Santee Cooper for
taking a forward-looking and long-term approach to both electricity
generation and energy independence," he said. "We at Westinghouse are also
proud that our technology has again been selected, and we look forward to
taking a leadership role, along with our valued customers and partners, in
the worldwide nuclear renaissance. We pledge to work diligently with our
customers to provide these plants in a timely and efficient manner and to
see that they are exceptionally well maintained and operated."

    In March, SCE&G and Santee Cooper, a state-owned electric and water
utility in South Carolina, submitted an application with the Nuclear
Regulatory Commission for a combined construction and operating license
(COL). Once approved, the COL would authorize the companies to build and
operate up to two new nuclear reactors at the utilities' existing V.C.
Summer Nuclear Station site in Jenkinsville, S.C.

    In early April Westinghouse signed an EPC with Georgia Power to provide
two plants at the Vogtle site near Waynesboro, Ga. Before that, no other
contracts to provide new nuclear power plants in the United States had been
signed since before 1978.

    In July 2007, Westinghouse and Shaw signed contracts to provide four
AP1000s in China, where initial work is now underway. Additionally, the
AP1000 has been identified as the new plant technology of choice for no
less than a total of 10 additional nuclear plants that could be built in
the United States.

    Westinghouse believes the AP1000 is ideally suited for the worldwide
nuclear power marketplace. The AP1000 is:


    -- The safest, most advanced, yet proven nuclear power plant currently
       available in the worldwide marketplace (conservative probabilistic risk
       assessment (PRA): core damage frequency potential at negligible
       2.5x10- 7)
    -- Based on standard Westinghouse pressurized water reactor (PWR)
       technology that has achieved more than 2,500 reactor years of highly
       successful operation
    -- An 1100MWe design that is ideal for providing baseload generating
       capacity
    -- Modular in design, promoting ready standardization and high
       construction quality
    -- Economical to construct and maintain (less concrete and steel and fewer
       components and systems mean there is less to install, inspect and
       maintain)
    -- Designed to promote ease of operation (features most advanced
       instrumentation and control (I&C) in the industry)

    For more information about the Westinghouse AP1000, visit its Web site
at http://www.ap1000.westinghousenuclear.com.

    Westinghouse Electric Company, a group company of Toshiba Corporation,
is the world's pioneering nuclear power company and is a leading supplier
of nuclear plant products and technologies to utilities throughout the
world. Westinghouse supplied the world's first PWR in 1957 in Shippingport,
Pa. Today, Westinghouse technology is the basis for approximately one-half
of the world's operating nuclear plants, including 60 percent of those in
the United States.
SOURCE Westinghouse Electric Company
http://www.westinghousenuclear.com
http://www.ap1000.westinghousenuclear.com
http://www.prnewswire.com/comp/127481.html /
CONTACT:
Vaughn Gilbert of Westinghouse Electric
Company, +1-412-374-3896, gilberhv@westinghouse.com