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CMS ENERGY ANNOUNCES FIRST-QUARTER EARNINGS

 CMS ENERGY ANNOUNCES FIRST-QUARTER EARNINGS
 DEARBORN, Mich., April 24 /PRNewswire/ -- CMS Energy Corporation


(NYSE: CMS) today announced net income of $51 million, or 64 cents per share, in the first quarter of 1992, compared to a $206 million loss in the first quarter of 1991, which included a $277 million write down related to the final Michigan Public Service Commission (MPSC) order on the abandoned Midland nuclear plant.
 Both electric system sales and natural gas deliveries by Consumers Power Company, the principal subsidiary of CMS, were up by 4 percent compared to the same period in 1991, despite the weak economy. Electric sales in the first quarter were the highest ever for the utility and gas sales reflected colder weather than in the same period in 1991, although considerably warmer than normal.
 The quarter's results continue to reflect the negative impact of the undercollection from its electric customers of capacity rates being paid by Consumers Power for power purchased from the Midland Cogeneration Venture (MCV). CMS remains hopeful that the MCV contract issues can be resolved by the utility, the MPSC staff and other parties and approved by the MPSC in a timely manner. The company has begun to work on a new proposal which it intends to submit in the near future.
 Electric sales for the quarter totaled 7.6 billion kilowatt hours, a 4-percent increase over the first quarter of 1991 and reflected a higher number of customers in the residential, commercial and industrial sectors.
 Natural gas deliveries were 123 billion cubic feet in the quarter, up about 4 percent from the same period the previous year and reflective of colder weather.
 CMS Energy also announced that Consumers Power Company has delayed its planned accounting reorganization until such time as certain regulatory issues related to power purchases from the MCV have been resolved or the financial results of these issues are clarified. Consumers Power could resume paying dividends on its common stock to CMS Energy thereafter. This will have no immediate effect on CMS Energy's dividends to shareholders.
 CMS Energy Corporation is a $3 billion (sales) diversified energy company with businesses engaged in the distribution of electricity and natural gas, interstate storage and transmission of natural gas, oil and gas exploration and production, independent power generation and utility services. CMS Energy Corporation's principal subsidiary is Consumers Power Company, Michigan's largest utility and the nation's fourth- largest combination electric and gas utility.
 CMS ENERGY CORPORATION
 Digest of Consolidated Earnings
 (Thousands, except per-share amounts)
 Three Months Ended March 31 (Unaudited) 1992 1991
 Operating revenue $966,937 $979,957
 Net income $50,914 ($206,260)
 Average number of common shares outstanding 79,819 80,486
 Earnings per average common share $.64 ($2.56)
 Dividends declared per common share $.12 $.12
 12 Months Ended March 31 (Unaudited) 1992 1991
 Operating revenue $2,958,339 $3,125,546
 Net income (loss) ($18,380) ($800,442)
 Average number of common shares outstanding 79,823 81,048
 Net income (loss) per average common share ($.23) ($9.88)
 Dividends declared per common share $.48 $.44
 In the opinion of management, the above unaudited amounts reflect all adjustments necessary to assure the fair presentation of the results of operations for the periods presented.
 -0- 4/24/92
 /CONTACT: Michael J. Brogan of CMS Energy Corporation, 313-436-9253/
 (CMS) CO: CMS Energy Corporation ST: Michigan IN: UTI OIL SU: ERN


JG -- DE013 -- 2392 04/24/92 11:17 EDT
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Date:Apr 24, 1992
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