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NRG's Audit Committee Engages KPMG as Independent Auditor

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NRG's Audit Committee Engages KPMG as Independent Auditor

May 25, 2004 at 12:00 AM EDT

NRG's Audit Committee Engages KPMG as Independent Auditor

MINNEAPOLIS (May 25, 2004) -- NRG Energy, Inc. (NYSE: NRG) today announced that the Audit Committee of its Board of Directors has engaged KPMG LLP to serve as the Company's independent auditor beginning immediately.

“KPMG is a highly regarded, world class accounting firm with in-depth experience in the energy sector. Their strong credentials and service approach will be a valuable asset to NRG and our shareholders,” said John Chlebowski, Chairman of the Audit Committee.

“KPMG continually impressed us throughout the proposal process,” added Bob Flexon, NRG Chief Financial Officer. “They took the time necessary to understand NRG and the client service requirements.”

KPMG's engagement with NRG commences with the review of the Company's second quarter 2004 10-Q filing.

NRG Energy, Inc. owns and operates a diverse portfolio of power-generating facilities, primarily in the United States . Its operations include baseload, intermediate, peaking, 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 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.

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 read in conjunction with the risks and uncertainties that may affect NRG's future results contained in NRG's filings with the Securities and Exchange Commission at www.sec.gov.