NRG Energy, Inc. President and CEO to Present at Lehman Brothers Conference

MINNEAPOLIS ( March 22, 2004) -- David Crane, NRG's President and Chief Executive Officer will present at the Lehman Brothers' 2004 High Yield Bond and Syndicated Loan Conference in Orlando, Fla. on March 23, 2004 at 8:10 a.m. EST.

A live audio transmission and presentation slides webcast will be available through the Lehman Brothers conference website at: http://customer.nvglb.com/LEHM002/032204a_by/default.asp?entity=nrg.

A replay of the presentation will be available on the website a few hours following the presentation and will remain accessible for three months. A copy of the slide presentation will also be archived on the “Investors” section of NRG's website, www.nrgenergy.com.

NRG Energy, Inc. owns and operates a diverse portfolio of power-generation facilities. Its operations include competitive energy production and cogeneration facilities, thermal energy production and energy resource recovery facilities.

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are subject to certain risks, uncertainties and assumptions and include, but are not limited to, expected earnings, future growth and financial performance, and typically can be identified by the use of words such as “expect,” “estimate,” “anticipate,” “forecast,” “plan,” “believe” and similar terms. Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, general economic conditions, hazards customary in the power industry, competition in wholesale power markets, the volatility of energy and fuel prices, failure of customers to perform under contracts, changes in the wholesale power markets and related government regulation, the condition of capital markets generally, our ability to access capital markets, our substantial indebtedness and the possibility that we may incur additional indebtedness, averse results in current and future litigation, and amount of proceeds from asset sales.

NRG undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The foregoing review of factors that could cause NRG's actual results to differ materially from those contemplated in the forward-looking statements included in this news release should be considered in connection with information regarding risks and uncertainties that may affect NRG's future results included in NRG's filings with the Securities and Exchange Commission at www.sec.gov.

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Contacts:

Investor Inquiries Katy Sullivan, 612.373.8875 Media Inquiries Lesa Bader, 612.373.6992