Faces 76 Asbestos-Related Claims in Illinois Court -------------------------------------------------- Published September 13, 2002 Ameren Corp., which distributes electricity to 1.5 million customers and natural gas to 300,000 in Missouri and Illinois, reports that it has been named defendant, along with its main operating units Central Illinois Public Service Co. (AmerenCIPS) and Union Electric Co., in 76 asbestos-related lawsuits, of which 62 remained pending. Ten of the cases have been settled, and four have been dismissed. The lawsuits were mostly filed in the Circuit Court of Madison County, Illinois. The company says it received notice of the first lawsuit in March 2001 with notice of the others occurring in the fourth quarter of 2001 and the first quarter of 2002. The number of total defendants named in each case is large, with more than 40 parties named in all but four of the lawsuits. The claims allege injury from asbestos exposure during plaintiffs' activities at the companies' electric generating plants (in the case of AmerenCIPS, its former plants which are now owned by Generating Company). In each lawsuit, the plaintiff seeks unspecified damages in excess of $50,000, which, the company says, typically would be shared among the defendants. The company says it believes that the final disposition of the cases will not have material adverse effect on its financial position, results of operations or liquidity. COMPANY PROFILE Ameren Corporation (NYSE: AEE) 1901 Chouteau Ave. St. Louis, MO 63103 Phone: 314-621-3222 Fax: 314-554-3801 Web site: http://www.ameren.com Employees : 7,447 Revenue : $ 4,505,867,000 Net Income (Loss) : $ 468,545,000 Assets : $ 10,400,575,000 Liabilities : $ 3,977,706,000 No. of Asbestos Claims Pending : 62 (For the year ended December 31, 2001) Business Description: Ameren Corp. sells energy in the US Midwest. Through its utility subsidiaries, Ameren distributes electricity to 1.5 million customers and natural gas to 300,000 in Missouri and Illinois. The company has a generating capacity of nearly 13,000 MW, about 60% of which is coal-fired. The firm's AmerenEnergy markets and trades power and provides energy-related services. Other operations include meter reading systems and services and energy construction and management services. Ameren has agreed to purchase Illinois utility CILCORP from independent power producer AES.