Citizens for a Sound Economy � Biomass Energy Advocates � Energy U.S.A. � Americans for Clean Energy �

Environmental Defense Fund � Friends of the Earth � Geothermal Resources Association

� Sun Day � Public Citizen � Nuclear Information & Resource Service � Safe Energy Communication Council � U.S. Public Interest Research Group

STOP the BAILOUT!

CAMPAIGN KICK-OFF

�  NEWS ADVISORY �

For Immediate Release:                                 Contact:

Monday, August 4, 1997                            James Adams, (202) 483-8491

WHAT:           News conference of a diverse conservative, consumer and environmental coalition to announce the launch of a national campaign to protect electricity consumers from paying for uneconomic past investments by the electric utilities.  As statewide and national policy efforts to deregulate the U.S. electric market intensify, this unusually broad coalition of disparate groups and philosophies will join together to present their vision and plan for protecting Americans by preventing the cost of billions of dollars in so-called "stranded costs" from being passed on to individual ratepayers and businesses

SPEAKERS:      

Anna Aurilio, U.S. Public Interest Research Group

Bill Armistead, Citizens for a Sound Economy

Scott Denman, Safe Energy Communication Council

Charlie Higley, Public Citizen

Courtney Cuff, Friends of the Earth

WHEN:            Thursday, August 7, 1997, 10:00 am

WHERE:            Murrow Room, 13^th Floor, National Press Club, Washington, D.C.

PHOTO OPPORTUNITIES:   4' x 8' banner with "Stop the Bailout" logo and related materials and post-conference interviews with the speakers can be arranged.  Note: Coffee and tea will be served.