News Release from . . .

  MOHAVE GENERATING STATION

       SOUTHERN CALIFORNIA EDISON*LOS ANGELES DEPARTMENT OF WATER & POWER
                         NEVADA POWER*SALT RIVER PROJECT

FOR IMMEDIATE RELEASE

                Edison Contacts: Clarence Brown/Steve Hansen, (626) 302-2255
                                   LADWP Contact: Eric Tharp, (213) 367-0387
                        Nevada Power Contact: Faye Andersen,  (775) 834-4822
                                SRP Contact: Scott Harelson,  (602) 236-3021

NOTE TO  EDITORS--This  press  release  as well as a series of fact  sheets  and
downloadable  photos of the  Mohave  plant  and the  proposed  emission  control
facilities are available on Edison's media website: www.edisonnews.com.

                     Mohave Plant Owners, Environmentalists
                      Reach Agreement on Pollution Controls
         Under settlement terms, Mohave Generating Station will install
         equipment by Jan. 1, 2006 to reduce emissions by at least 85%.

     LAUGHLIN, Nev., Oct. 6, 1999--The owners of the Mohave Generating Station
and three environmental groups announced today a settlement to a federal lawsuit
that would accelerate by three years the planned installation of additional air
emission controls on the 1,580-MW, coal-fired power plant located here.

     The signed agreement is subject to final approval by the U.S. District
Court in Las Vegas. Under the terms of the agreement, the plant owners will
install a sulfur-dioxide scrubber and a fabric filter "baghouse" by Jan. 1, 2006
as opposed to Dec. 31, 2008, as initially proposed by the owners.

     The scrubber must remove at least 85% of the sulfur dioxide from the
plant's air emissions, while the filtering system is expected to eliminate 99%
of the visible particles from the plant's airborne releases. Capital costs are
estimated at $300 million.

     "The agreement creates a win-win solution for all sides," said Bob Wyman,
attorney for the owners. "All of the major stakeholders associated with these
negotiations will benefit from additional measures to protect air quality in the
desert areas of Arizona, Nevada and California, all the way to the Grand
Canyon."

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MOHAVE SETTLEMENT ANNOUNCEMENT
Page 2 of 2

         While the  long-term  future of the plant will  depend on the  emerging
deregulated  electricity  markets  and other plant  costs,  the  settlement  was
structured to provide the greatest  chance for the plant to remain  economically
viable. This was an important concern to the parties, who recognize the economic
needs of the local  communities  and the Hopi Tribe and Navajo Nation,  for whom
hundreds  of jobs  and  millions  of  dollars  in  taxes,  royalties  and  other
contributions are at stake.

     The coal that fuels the Mohave plant comes from a mine on land jointly
owned and controlled by these tribes. In addition to the nearly 280 jobs
generated by the mine, the millions of dollars paid in royalties to the tribes
help fund a number of local health, education and welfare programs.

     The environmental lawsuit was filed in early 1998 by the Grand Canyon
Trust, the Sierra Club and the National Parks and Conservation Association. It
alleged that plant operations were in violation of federal and state air quality
regulations. As part of the settlement, the defendants do not admit to these
violations.

     Last December, the plant owners committed to place additional emission
control devices on the plant to augment and enhance existing devices and to
further reduce any limited contribution the plant may be making to visibility
impairment in the Grand Canyon. The major parties involved in today's settlement
have been able to strengthen this original commitment and address the concerns
of the environmental lawsuit.

     "We're very pleased to be able to settle this issue through negotiations,
rather than costly, extended litigation," Wyman said. "The key settlement terms
are aligned with the owners' ongoing commitment to enhance Mohave's
environmental performance and build on its solid regulatory compliance record."

     The plant's owners are Southern California Edison (56% majority owner and
operator); Los Angeles Department of Water & Power (20%); Nevada Power (14%);
and the Salt River Project (10%).

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