Westinghouse to Install Steam Dryer at Monticello Nuclear Plant

PITTSBURGH, June 10 /PRNewswire/ -- Westinghouse Electric Company today
announced that it has been awarded a contract to design, fabricate and install
a new steam dryer for Xcel Energy's Monticello Nuclear Generating Plant, a
single-unit GE-designed Boiling Water Reactor (BWR) located 40 miles northwest
of St. Paul, Minn.

To execute this project, Westinghouse will employ its global BWR engineering
workforce at multiple locations, as well as at Toshiba Corporation,
Westinghouse's majority owner, in Japan.

"The award of this contract further confirms Westinghouse's commitment to the
nuclear industry by providing leading-edge global technology to BWR nuclear
plants in the United States," said Wayne Bentley, Westinghouse's vice
president of BWR Operations. "This steam dryer design has more than 200
operating years of experience in European nuclear plants with proven
performance at uprated power conditions at which many BWR nuclear plants are
operating today."

Westinghouse is the world's pioneering nuclear power company and is a leading
supplier of nuclear plant products and technologies to utilities throughout
the world. Westinghouse technology today is the basis for well over 40 percent
of the world's operating nuclear plants.

Xcel Energy (NYSE: XEL) is a major U.S. electricity and natural gas company
with regulated operations in eight Western and Midwestern states. Xcel Energy
provides a comprehensive portfolio of energy-related products and services to
3.4 million electricity customers and 1.9 million natural gas customers
through its regulated operating companies.

SOURCE Westinghouse Electric Company

Vaughn Gilbert of Westinghouse Electric Company, +1-412-374-3896,
gilberhv@westinghouse.com