City of Chicago Responds to Electric City Corp.

ELK GROVE VILLAGE, Ill.--(BUSINESS WIRE)--Aug. 13, 1999--

Electric City Corp. (OTCBB: ECCC) announces today the following response from City of Chicago:

"Dear Joe Marino:

As you know the power saver has been deployed to four city facilities to allow assessment of the device. We have received positive reviews from U.S. Power Corporation thus far. We recently assigned a consultant, Energy Resource Center, to make an independent assessment of the devices' operation and impact on our building systems.

This review will focus on both long and short term impact and is expected to be completed in about 60 days. The City will then have recommendations from the consultant on how best to proceed. It may necessary for you to speak with representatives of Energy Resource Center. Please make yourself or a representative available.

If you have any questions, please contact me at 312-744-6045. Thank you.

Sincerely, Duwain Bailey First Deputy Commissioner"

"I sincerely thank Mayor Daley and his staff for the opportunity to assist with his efforts to meet the energy needs of the City's residents and businesses during Chicago's energy crisis," commented Joseph C. Marino, CEO and Chairman of the Board of Electric City Corp.

The EnergySaver: State of the Art Lighting Control Technology is a proprietary energy management system designed to reduce the cost of lighting. These savings are achieved without a loss in essential brightness and without reducing the number of hours the lights are used.

Electric City Corp. (www.electriccityeccc.com), located in Elk Grove Village, IL, is an energy technology and manufacturing company created to introduce this State of the Art Lighting Control Technology to the United States after 17 years of success in Europe. Electric City Corporation markets and manufactures the EnergySaver products that offer savings in the range of 20% to 50% to the commercial sector on their utility bills and lighting related expenses. Some of Electric City's client include, Frito Lay Inc., a subsidiary of PepsiCo INC (PEP), Tru Vue, a subsidiary of APOGEE ENTR (APOG) and automobile dealerships including Ford and Dodge.

Except for the historical information contained herein, this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934 as amended, and are subject to the safe harbors created thereby. The Company's future actual results could differ materially from the forward-looking statements discussed herein.