News Release Details

Portland General Electric to Webcast Analyst Presentation and Reaffirms 2008 Earnings Guidance

June 17, 2008 at 12:00 AM EDT

PORTLAND, Ore., Jun 17, 2008 (BUSINESS WIRE) -- Portland General Electric Company (NYSE:POR) announced today that it will webcast its presentation to the financial community at its Analyst Day presentation in New York June 24, 2008. The session will begin at 12:30 p.m. ET.

The presentation will be conducted by Peggy Fowler, CEO and president. It will include presentations from a variety of executive management including Jim Piro, executive vice president, CFO and treasurer; Steve Hawke, senior vice president, Customer Service and Delivery; Steve Quennoz, vice president Nuclear, Power Supply and Generation; and Jim Lobdell, vice president Power Operations and Resource Planning.

Portland General Electric also is reaffirming its full-year 2008 earnings guidance of $1.75 to $1.85 per diluted share. In addition, the company is reaffirming its long-term earnings growth expectation of 6 to 8 percent beginning in 2008.

A live webcast and follow-up question-and-answer session including the slide presentation will be available on Portland General Electric's Web site at www.PortlandGeneral.com. Select the webcast icon in the Investors' section. The webcast will last approximately two hours. A replay of the presentation will be archived and available through the end of July, 2008 on Portland General Electric's Web site.

About Portland General Electric Company

Portland General Electric, headquartered in Portland, Ore., is a fully integrated electric utility that serves approximately 804,000 residential, commercial and industrial customers in Oregon. Visit our Web site at www.PortlandGeneral.com.

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Source: Portland General Electric Company

SOURCE: Portland General Electric Company

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