Aquila Review of 2002 Results Will Be Webcast on April 15 at 9 a.m. Eastern.

Business Editors

KANSAS CITY, Mo.--(BUSINESS WIRE)--April 9, 2003

Aquila, Inc., (NYSE:ILA) will conduct a conference call and webcast to discuss 2002 fourth quarter and year-end results on April 15 at 9 a.m. Eastern Time. Participants will be Chief Executive Officer Rick Green, Chief Operating Officer Keith Stamm and Interim Chief Financial Officer Rick Dobson.

To access the live webcast, go to Aquila's website at www.aquila.com and click on Investors to find the webcast link. Listeners should allow at least five minutes to register and access the presentation.

For those unable to access the live broadcast, replays will be available for two weeks, beginning approximately two hours after the presentation. Web users can go to the Investors section of the Aquila website, www.aquila.com, and choose Presentations & Webcasts.

Replay will also be available by telephone through April 22 at 800/405-2236 in the United States, and at 303/590-3000 for international callers. Callers must enter the access code 534824 when prompted.

Based in Kansas City, Missouri, Aquila operates electricity and natural gas distribution networks serving customers in seven states and in Canada, the United Kingdom, and Australia. The company also owns and operates power generation assets. More information is available at www.aquila.com.