EXHIBIT 1 (GPU NEWS RELEASE LETTERHEAD) Gordon Tomb (717) 948-8197 October 17, 1995 Carol Clawson 95-033 (201) 316-7706 IMMEDIATELY APPEALS COURT RULES THAT TMI-2 PLAINTIFFS MAY SEEK PUNITIVE DAMAGES PARSIPPANY, N.J., October 17, 1995 -- General Public Utilities Corporation (NYSE:GPU) announced today that the U.S. Court of Appeals for the Third Circuit has ruled that plaintiffs who claim they were injured as a result of the 1979 accident at Unit No. 2 of the Three Mile Island Nuclear Generating Station may seek punitive damages. In so doing, the Court referred to the "finite fund" to which plaintiffs must resort to get compensatory as well as punitive damages. Pursuant to the Federal Price-Anderson Act, primary financial protection is provided in the form of insurance policies with a group of insurance companies, and secondary financial protection in the form of private liability insurance under an industry retrospective rating plan. The Court said that a third layer provided by the Federal government could not be used to pay punitive damage awards. The GPU defendants believe that any liability to which they might be subject by reason of the TMI-2 accident and the Third Circuit decisions will not exceed the sum of their insurance and secondary protection under the Price-Anderson Act. In a related action, the Court of Appeals also found that the standard of care owed by the defendants to the plaintiffs was determined by the specific level of radiation permitted by Nuclear Regulatory Commission regulations to be released into the environment, as measured at the site boundary. The plaintiffs had argued that an "as low as reasonably achievable" standard was proper. Because those levels were exceeded, plaintiffs' remaining burden is to show that the injuries they claim to have suffered were caused by those emissions. The trial of the first 10 of the 2,100 pending claims has been scheduled for 1996. TMI-2 is owned by GPU's three public utility subsidiaries. ###