Elster Electricity, LLC announces that Mark Munday, CEO and president of the company, has been nominated as a finalist for the "CEO of the Year" award for the 8th annual Platts Global Energy Awards. Munday was selected from a list of nominees based on their ability to meet specific criteria for the award including integrity, courage, vision, decisiveness, and leadership. Judges evaluate entrants and select finalists based on the criteria listed in each category and consider the company's profile and financial performance in 2005. The judges consist of an independent panel of international energy experts, including energy ministers, national regulators, past heads of major energy companies, and leading academics and legislators.

The winners of the 2006 Platts Global Energy Awards will be announced at a gala celebration on Thursday, November 30th at the Cipriani Wall Street in New York City. For more information on the Global Energy Awards, visit www.platts.com/GEAWeb/Homepage.do.

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About Elster Electricity, LLC

Elster Electricity is a provider of advanced metering infrastructure solutions to help utilities improve their revenue cycle services, customer service, delivery reliability, and workforce utilization. Elster Electricity is located in Raleigh, North Carolina and is part of the world's largest multi-utility metering company for electricity, water, and gas metering. For more information, visit www.elsterelectricity.com.