Exelon and EFMR Sign Community Based Agreement

EFMR Monitoring Group, Inc.

www.efmr.org

News Release

Eric Epstein, EFMR ericepstein@comcast.net (717)-541-1101 Beth Rapczynski, Exelon beth.rapczynski@exeloncorp.com (610)-765-5530

Exelon and EFMR Sign Community Based Agreement

Harrisburg, Pa. (May 20, 2008) - Exelon Generation and EFMR Monitoring Group (EFMR), today announced that they have entered into a five-year agreement that provides benefits to the communities surrounding Three Mile Island. Eric Epstein, chairman of EFMR said, “We have chosen cooperation over confrontation, and the big winner is the community,” said. “This agreement will have a net impact to the region in excess of $1 million.” As part of the agreement, Epstein agreed to drop all legal challenges to TMI Unit 1’s application for license renewal before the U.S. Nuclear Regulatory Commission (NRC). William Noll, Three Mile Island Site Vice president, said, “We are pleased to have resolved important issues and to provide benefits to the local community. At the same time we will continue to have an open channel of communication with EFMR.”

Highlights of the agreement:

• Resources will be provided to allow for the independent environmental monitoring and the professional training of local community organizations.
• Continue a long-standing Exelon policy that ensures that no storage of low-level or high-level radioactive waste from other nuclear power plants will take place at Three Mile Island for a period of ten years from the date that the NRC renews TMI Unit 1’s license.
• Exelon will not oppose the decommissioning of TMI Unit 2 during the period of extended operation of TMI Unit 1, unless it adversely impacts the safe operation of TMI Unit 1.
• Exelon will extend its regional profile, and increase community investment over the next four years.
• Exelon and EFMR will meet annually to review the status of matters relating to this agreement, provide mutual updates, resolve open issues and discuss workforce staffing.