March 18 , 2004 - Oyster Creek Launches Web Site for License Extension

Contact: Gina G. Scala - 609-971-2180

FORKED RIVER, N.J. -
Oyster Creek Generating Station has launched a new Internet site to make information and documents about license extension more widely accessible. The address is www.OysterCreekLR.com .

OysterCreekLR.com is designed to help the public understand the license renewal process, keep abreast of license renewal events and announcements, ask questions of AmerGen Energy Co., provide feedback and download reports and documents.

AmerGen announced on Feb. 19 that it intends to ask the U.S. Nuclear Regulatory Commission to extend Oyster Creek's 40-year operating license for 20 years. The current license expires in 2009. The commission would grant an extension only after a thorough and satisfactory study of plant safety, equipment and environmental impacts. AmerGen expects to submit an application in mid-2005. Regulatory review, which includes a series of public meetings, would take up to 30 months.

"With the added attention license renewal is getting in New Jersey, we know that many people are curious about Oyster Creek," station Vice President Bud Swenson said. "We want to make accurate, factual information available to as many people as we can."

The Web site contains data, background information and links to related regulatory and license renewal sites. AmerGen is committed to an open and transparent process and will continue to add information, including posting various reports and other documents, as Oyster Creek's application process advances over the next four years.

AmerGen Energy Co. is a wholly owned Exelon Corporation company. Exelon is one of the nation's largest electric utilities with approximately five million customers and more than $15 billion in annual revenues. The company has one of the industry's largest portfolios of electricity generation capacity, with a nationwide reach and strong positions in the Midwest and Mid-Atlantic. Exelon distributes electricity to approximately five million customers in Illinois and Pennsylvania and gas to 425,000 customers in the Philadelphia area. The company also has holdings in such competitive businesses as energy, infrastructure services and energy services. Exelon is headquartered in Chicago and trades on the NYSE under the ticker EXC.