Strategic Energy, the 12th largest provider of retail electricity in the United States, has built the only Energy Management Center solely dedicated to accessing and utilizing real-time information 24 hours a day, 365 days a year strictly for the benefit of retail end users. The New Yorker Hotel, with annual electricity usage of 11,000,000 kilowatt-hours, will benefit from Strategic Energy�s continuous marketplace presence and ability to monitor real-time market, weather and technical information about the energy markets to drive down the cost of electricity.  Strategic Energy�s unique approach to electricity supply management sets a Ceiling Price per kilowatt-hour based on the customer�s usage. The Hotel will never pay more than the Ceiling Price during the contract term.

�Strategic Energy has not only provided us with savings, but also peace of mind about the Hotel�s future electricity costs. We believe this Company�s approach to electricity supply management is the most visionary in the marketplace,� said Donald Geoffroy, Property Manager, New Yorker.

Located 3 blocks from the Javits Convention Center, The New Yorker offers business travelers and tourists 1,000 newly renovated guestrooms with spectacular views of New York City, plus meeting rooms and two ballrooms for a wide variety of events. The New Yorker will welcome you with gracious hospitality and service in a landmark setting. The New Yorker is the most convenient hotel in the city, offering easy access to all of Manhattan�s important sites.

Strategic Energy, headquartered in Pittsburgh, PA, is the nationwide leader in objective supply-side energy management services. The Company provides Power Supply and Natural Gas Supply Coordination Services to over 12,000 commercial and small manufacturing customers nationwide. Strategic Energy provides these services through its 24-hour Energy Management Center, which provides retail power customers access to the wholesale power market, weather and technical information about the electricity and natural gas markets. Full-time access to the marketplace enables Strategic Energy to continuously drive down customers� energy costs. Strategic Energy�s Internet address is .

Strategic Energy is majority owned by Kansas City Power & Light (NYSE:KLT), a leading provider of electricity in the Midwest that pursues unregulated energy and telecommunications ventures on a national basis through its wholly owned subsidiary, KLT Inc. Headquartered in Kansas City, MO, additional information is available through its web site at www.kcpl.com.

The terms �expects,� �seeking,� �striving,� �positions,� �forecasts� and similar expressions identify forward-looking information. Naturally all forward-looking statements involve risk and uncertainty and actual results or events could be materially different.