News Release

John Rowe to retire from Tampa Electric

TAMPA, September 14, 1999

John R. Rowe Jr., staff vice president of Regulatory Affairs for Tampa Electric Company, announced his retirement from the company, effective October 1. Rowe has been with the company since 1962.

"I have enjoyed my work at Tampa Electric, but am looking forward to new opportunities and spending more time with my family," Rowe said.

"John has made solid and valuable contributions to Tampa Electric, and has been closely involved with our regulatory activities for a long time. We will miss him, and wish him well in his retirement," said John Ramil, president of Tampa Electric.

After joining Tampa Electric as a management trainee, Rowe held a variety of accounting positions before being elected controller in 1981. He became vice president-Regulatory Affairs in 1990, and has held his current position since 1994.

A native of Birmingham, Ala., Rowe received his Bachelor's degree from Georgia Institute of Technology, and an M.B.A. from the University of South Florida. He is past president of the Florida Institute of CPAs and the United Way of Greater Tampa, Inc.

He and his wife, Leslie, have four adult children and two grandchildren. They will continue to make their home in Tampa.

Tampa Electric is the principal subsidiary of TECO Energy, Inc. TECO Energy is a diversified, energy-related utility holding company also based in Tampa. In addition to Tampa Electric, its principal businesses include Peoples Gas, TECO Coal, TECO Transport, TECO Coalbed Methane, TECO Power Services, and Bosek Gibson and Associates.

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