Thursday, June 27, 2002

IPABC Members: The highlights of the IPABC's AGM last Thursday were: 54 attendees (double that of recent years) 5 new Directors were nominated (a record) We now have 18 Directors (largest # ever) The 5 new directors are: Chris Ball, Corpfinance Brian James,Triton Environmental Consultants JIm Gemil, Eaton Power Corporation Jeremy Haile, Knight Piesold Consulting Peter Spronken, RBC Royal Bank The list of the other existing Directors is on our NEWLY LAUNCHED website: www.ipabc.com Meeting Agenda summary: 1. Past Year's Achievement and BC Electricity Milestones 2. Update and Outlook for; BC Electricity Policy, Small Hydro IPPs, Thermal IPPs, Customer Based Generation 3. Update and Outlook from 2 subcommitttees on: Green Power and Transmission and Interconnection 4. Future Priorities: Members commented on Priority Issues List and suggested additional Action Items Regards, Steve Davis President, IPABC