GPU Announces Organizational Changes; Hughes to Head International Holdings Unit.

MORRISTOWN, N.J.--(BUSINESS WIRE)--Oct. 7, 1999--

GPU, Inc. officials today announced the promotion of two executives in a realignment of executive management of its international businesses as Michael Hughes, chief executive officer of GPU's subsidiary, Midlands Electricity, plc. was appointed executive vice president - International operations of GPU Service, Inc. and Ronald P. Lantzy was appointed president of GPU International (GPUI).

"These organizational changes will ensure that our companies have the strong and focused leadership necessary to execute our business plan. Our recent acquisition of the balance of Midlands allows us to leverage Mike's expertise and demonstrated ability to streamline operations while continuing to deliver quality service to the rest of our international operations," said Fred D. Hafer, chairman, president and chief executive officer of GPU, Inc. "Ron has the combination of strong business and leadership skills that will serve us well as he takes over the full management of GPU International."

In his new role, Hughes will have executive management responsibilities for all of GPU's international utility operations (currently in the United Kingdom, Australia and Argentina) and the company's independent power projects worldwide. Hughes will report directly to Hafer.

"By consolidating GPU's international operations into a unified group with a single point of executive management, we have the ability to resourcefully extract the most value from our global presence and maximize our asset management expertise," said Hughes.

In his new position, Lantzy will report to Hughes. Previously Lantzy was senior vice president and chief operating officer of GPUI and held that position since December of last year. GPUI develops, owns and operates independent power plants worldwide that have long-term contracts for their output. Lantzy replaces Robert L. Wise who has been named president of GPU Energy on an interim basis.

In July of this year, GPU, Inc. acquired Cinergy Global Resources Inc.'s 50 percent equity share of Midlands, making Midlands a wholly-owned subsidiary of GPU, Inc.

GPU, Inc. (NYSE:GPU), headquartered in Morristown, NJ, is a registered utility holding company providing utility and utility related services to customers throughout the world. GPU's electric and gas utility companies--GPU Energy, Midlands Electricity, GPU PowerNet, GPU GasNet and Emdersa--serve nearly 6 million customers in the United States, the UK, Australia and Argentina. The company's independent power project units own and operate 22 projects in 7 countries and the United States. GPU's 1998 revenues were $ 4.3 billion and its total assets were $16.3 billion. GPU's other subsidiaries include GPU Advanced Resources, Inc., GPU Generation, Inc., GPU Nuclear, Inc., GPU Service, Inc. and GPU Telcom Services, Inc. (http://www.gpu.com)