Utilities Industry Leaders Drive Business Performance with J.D. Edwards Asset Management Solutions.

Business Editors

DENVER--(BUSINESS WIRE)--June 18, 2003

InterGen and American States Water Company Choose J.D. Edwards for

Strong Utility Asset Management Offerings to Decrease Costs While

Increasing Solution Integration

As proof of the unique solutions J.D. Edwards & Co. (Nasdaq: JDEC) provides to address the specific business challenges of the utility industry, Intergen and American States Water Company are deriving significant value from the company's utility industry-specific solutions.

Both companies chose J.D. Edwards based on its application functionality, solid reputation within the utility industry marketplace the company's global reach and its ability to help make their businesses stronger.

InterGen, a global power generation firm operating or building a total of 21 power stations in 13 countries, and American States Water Company, an electricity and water provider to more than 125,000 customers on the West coast, both implemented J.D. Edwards software in an effort to integrate business processes and to manage asset financial performance associated with plants, distribution facilities, maintenance, inspections and energy-related services.

"In our industry, we are challenged to find solutions that improve operational efficiencies and optimize our use of people and equipment capital -- with near term payback," said Michael Moen, vice president of information technology at InterGen. "J.D. Edwards provided a tailored solution for InterGen that was easy to implement, meshed well with current legacy systems and culture, and provided visibility into operations and financials to help us improve the economics of our business."

Utility companies strive to manage their organizations as whole entities, not just disparate lines of business, to gain formidable competitive advantage by seeing the "big picture" of the fiscal and operational performance of their companies.

"With more than 6,000 types of equipment in operation, our company needs to maintain its entire asset portfolio as efficiently as possible," said Wanna VanCuren, information technology manager at American States. "J.D. Edwards gave us the ability to manage operational performance, costs and asset lifecycles across multiple business units. Today, we can gauge equipment reliability and see financial commitments and equipment performance immediately, right down to the individual piece of equipment."

"We've developed an extremely rich software and services solution that meets the specific needs of a broad array of utility companies, including power generation, and transmission and distribution, and water and wastewater," said Bill Allen, vice president and general manager of asset intensive industries at J.D. Edwards. "Our continued deployment of asset management solutions exhibits that utility companies continue to value the importance of a solution that enables optimum asset utilization, financial performance and service backed up with solid industry experience."

In 2002, J.D. Edwards formed the Asset Intensive Industries business unit - a dedicated group of industry experts who support J.D. Edwards customers and prospects within the energy, chemical, pulp and paper, mining, primary metal, communications, and utility industries. J.D. Edwards has delivered solutions to utility customers across the globe providing electric, natural gas, and water through private and government organizations.

Because utilities are continually challenged to optimize asset performance and workforce productivity, efficiently manage capital investments and ensure consistent and reliable service, they can benefit from a number of J.D. Edwards solutions such as: Enterprise Asset Management, Workforce Management, Project Management, Supply Chain, Capital Asset Management, Business Intelligence, and Customer Relationship Management.

About InterGen

InterGen is a global power generation firm. The Company is operating or building a total of 21 power stations representing 16,770 megawatts (MW). The Company has projects operating, under construction and/or in active development in the United States, the United Kingdom, the Philippines, Colombia, Mexico, China, Egypt, Turkey, Brazil, Australia, the Netherlands, Spain, and Singapore. InterGen is a Shell-Bechtel venture.

About American States Water Company

American States Water Company is a holding company that, through its subsidiaries, provides water service to 1 out of 30 Californians located within 75 communities throughout 10 counties in Northern, Coastal and Southern California and to approximately 12,000 customers in the city of Fountain Hills, Arizona and portions of Scottsdale, Arizona. The Company distributes electricity to approximately 22,000 customers in the Big Bear recreational area of California, and contracts with various municipalities and private entities in both California and Arizona to provide services to an additional 91,500 customers.

About J.D. Edwards & Company

J.D. Edwards (Nasdaq: JDEC) makes customers stronger, enabling them to solve their most important business challenges. The company designs, develops and markets collaborative enterprise software and consulting, education and support services. J.D. Edwards' offerings are differentiated by a deeply ingrained attitude of listening to customers, innovating on their behalf, and delivering solutions as part of a results-oriented relationship. Founded in 1977 and headquartered in Denver, Colo., J.D. Edwards focuses on long-term business partnerships and helping its 6,700 customers in more than 110 countries manage their business processes, supply chains, enterprise assets, and supplier and customer relationships. For more information: www.jdedwards.com or 1-800-727-5333.

On June 2, 2003, J.D. Edwards announced that it had entered into a merger agreement with PeopleSoft, Inc., under which J.D. Edwards' business and PeopleSoft's will be merged, and J.D. Edwards will become a wholly owned subsidiary of PeopleSoft. The transaction is anticipated to close in the late third or early fourth calendar quarter. The transaction is subject to regulatory review, approval by the respective companies' stockholders and other customary conditions.

J.D. Edwards(R) is a registered trademark of J.D. Edwards & Company. JDE(TM) is a trademark of J.D. Edwards & Company. J.D. Edwards 5 is a trademark of J.D. Edwards World Source Company. The names of all products and services of J.D. Edwards used herein are trademarks or registered trademarks of J.D. Edwards World Source Company. All other product names used herein are trademarks or registered trademarks of their respective owners. Copyright (R) J.D. Edwards World Source Company 2003.