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Alliant Energy Announces Brazil Arbitration Decision Delayed

   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)

MADISON, WI USA
    MADISON, Wis., June 24 /PRNewswire-FirstCall/ -- Alliant Energy
Corporation (NYSE: LNT), announced today that the International Chamber of
Commerce's International Court of Arbitration extended its deadline to issue a
decision in the corporation's dispute with Companhia Forca e Luz Cataguazes-
Leopoldina, S. A. (Cataguazes) to September 30, 2005. The decision was
originally expected to be issued by June 30, 2005. The International Court's
Notice of Delay did not state the reason for the extended timeline.
    (Logo:  http://www.newscom.com/cgi-bin/prnh/20020405/LNTLOGO )
    Alliant Energy filed the request for arbitration with the International
Court of Arbitration to resolve the ongoing dispute with its Brazilian
partners. If the arbitral tribunal issues a final decision in favor of Alliant
Energy, enforcement of that award would have to be sought in the Brazilian
courts.

    Alliant Energy Corporation is an energy-services provider with
subsidiaries serving more than three million customers. Providing its
customers in the Midwest with regulated electricity and natural gas service
remains the company's primary focus. Alliant Energy's domestic utility
subsidiaries, Wisconsin Power and Light and Interstate Power and Light, serve
977,000 electric and 413,000 natural gas customers. Other business platforms
include the international energy market and non-regulated domestic generation.
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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  • http://www.alliantenergy.com
    Photo Notes:http://www.newscom.com/cgi-bin/prnh/20020405/LNTLOGO
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    PRN Photo Desk, photodesk@prnewswire.com
    CONTACT:
    Media: Scott R. Smith, +1-608-458-3924, or
    Investor Relations: Becky Johnson, +1-608-458-3267, of Alliant
    Energy Corporation