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NRG Energy Conducts Review of Trading Activity

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NRG Energy Conducts Review of Trading Activity

May 14, 2002 at 12:00 AM EDT

MINNEAPOLIS, May 14, 2002 (BUSINESS WIRE) -- NRG Energy, Inc. (NYSE:NRG) announced today that its preliminary review of trading activity confirmed that the company has not engaged in power trading transactions intended to inflate trading volumes or revenues.

The initial review indicated NRG had no instances of trading transactions involving simultaneous purchases and sales with the same counterparty at the same price -- so-called "roundtrip" trades.

NRG manages energy trading for all of its wholly owned assets in North America.

NRG is a leading global energy company engaged primarily in the development, construction, acquisition, ownership and operation of power generation facilities. The company's operations utilize such diverse fuel sources as natural gas, oil, coal and coal seam methane, biomass, landfill gas, and hydro, as well as refuse-derived fuel.

More information on NRG is available at www.nrgenergy.com.

Contacts:

NRG Energy, Inc.

Media Relations
Lesa Bader, 612.373.6992

Investor Relations
Len Bluhm, 612/313-8900