Date: Thu, 18 Dec 1997 20:50:45 GMT Server: Apache/1.2.0 Connection: close Content-Type: text/html What's New

November 21, 1997
Texas Utilities completes acquisition of Lufkin-Conroe Communications.

November 21, 1997
Texas Utilities increases dividend 5 percent to 55 cents per share and elects Jerry Pinkerton controller.

November 13, 1997
Enserch Development Corporation to sign deal with Chinese in Dallas.

October 17, 1997
Texas Utilities announces third quarter earnings and stock repurchase plan.

August 25, 1997
Texas Utilities announces it will acquire Lufkin-Conroe Communications Company, a privately-held local exchange telephone company serving Southeast Texas, for $328 million.

August 6, 1997
Texas Utilities announces new energy service, Operational Solutions, for business owners.

July 17, 1997
Public Utility Commission approves earnings settlement and authorizes $80 million refund.

July 3, 1997
Texas Utilities requests permission for $67 million fuel refund.

June 19, 1997
KRLD NewsRadio 1080, Super Handyman Al Carrell, and TU Electric circulate fans to the needy this summer.

May 23, 1997
The Texas Utilities Company board of directors elects Jerry Farrington chairman emeritus. Succeeding Farrington as chairman is Erle Nye, who will serve as both chairman and chief executive of TU Company.

April 25, 1997
Texas Utilities reports first quarter earnings of 51 cents a share.

April 4, 1997
EarthFair 97 and the Solar Model Car Race Championship Series are on board! Regional races are being held every weekend until the finals. Bring the family to Energy Park on April 19th to see some amazing new technologies and watch the races.

February 21, 1997
On the strength of a 14 percent increase in earnings in 1996, the Texas Utilities Company board of directors declares a 52 1/2 cents a share dividend.



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