MGE: MGE and IBEW Reach Tentative Contract Agreement

Madison, Wis., Sept. 15, 2006–Madison Gas and Electric (MGE) and the

International Brotherhood of Electrical Workers (IBEW) Local 2304 reached a

tentative agreement Thursday night on a three-year contract. The contract

is for the period May 1, 2006, through April 30, 2009. About 260 electric

and gas operations, power plant and service employees are IBEW members.

Union members are expected to vote on the agreement next week.

In May, MGE reached agreement on a new contract with the Office and

Professional Employees International Union Local 39, which represents

office workers.

MGE generates and distributes electricity to nearly 136,000 customers in

Dane County and purchases and distributes natural gas to more than 137,000

customers in seven south-central and western Wisconsin counties. MGE has

served the Madison area since 1896.

Stephen R. Kraus

Manager – Media Relations

Madison Gas and Electric Co.

608-252-7907

E-mail address: skraus@mge.com