Aquila Announces Webcast Schedule; Set for March 7 and March 14.

KANSAS CITY, Mo. -- Aquila, Inc. (NYSE: ILA) will conduct a conference call and webcast on March 7 at 11:00 a.m. Eastern Time to discuss 2004 fourth quarter and full-year results. Participants will be Chief Executive Officer Richard C. Green, Chief Operating Officer Keith Stamm and Chief Financial Officer Rick Dobson. Aquila's results will be made public and financial information posted earlier March 7 on the company's website, www.aquila.com.

The company also plans to conduct a conference call and webcast on March 14 at 9:00 a.m. Eastern Time to discuss future repositioning plans. Aquila's 2004 annual report on Form 10-K also will be filed on that date.

To access the live financial results webcast via the Internet, go to www.aquila.com and click "Investor Information" for a link to the webcast and Aquila's Investor Guide. Allow at least five minutes to register and access the presentation. Replays will be available on the "Investor Information" page of Aquila's website beginning approximately two hours after the webcast.

In addition, audio replay of the March 7 call will be available by telephone through March 14 at 800-405-2236 in the United States, and at 303-590-3000 for international callers. Callers need to enter the access code 11023110 when prompted.

Based in Kansas City, Missouri, Aquila operates electricity and natural gas distribution utilities serving customers in Colorado, Iowa, Kansas, Michigan, Minnesota, Missouri and Nebraska. The company also owns and operates power generation assets. More information is available at www.aquila.com.