El Paso Electric Company announced that the company would like to thank Mr. James W. Harris and Mr. Woodley L. Hunt for their valuable service and time on the Board. Mr. Harris has been an instrumental member of the Board since 1996 but recently expressed his preference to the Board that he not be nominated for reelection. In light of the director retirement policy in the company's Corporate Governance Guidelines, Mr. Hunt is not being nominated for reelection.