SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): FEBRUARY 28, 2003
COMMISSION EXACT NAME OF REGISTRANT AS I.R.S. EMPLOYER
FILE NUMBER SPECIFIED IN ITS CHARTER IDENTIFICATION NO.
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1-11607 DTE ENERGY COMPANY
(A MICHIGAN CORPORATION) 38-3217752
2000 2ND AVENUE
DETROIT, MICHIGAN 48226-1279
313-235-4000
1-2198 THE DETROIT EDISON COMPANY 38-0478650
(A MICHIGAN CORPORATION)
2000 2ND AVENUE
DETROIT, MI 48226-1279
(313) 235-8000
ITEM 5. OTHER EVENTS
On February 28, 2003, DTE Energy Company ("DTE") completed the sale of
its transmission business subsidiary, International Transmission Co., to an
investor group that includes Kohlberg Kravis Roberts & Co. and Trimaran Capital
Partners L.L.C. for approximately $610 million in cash.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99 Press Release of DTE Energy, dated February 28, 2003,
reporting DTE Energy's completion of sale of its transmission
business subsidiary International Transmission Co.
ITEM 9. REGULATION FD DISCLOSURE
Attached and incorporated herein by reference as Exhibit 99 is a copy
of a press release of DTE Energy dated February 28, 2003, reporting DTE Energy's
completion of sale of transmission business.
FORWARD-LOOKING STATEMENTS:
This Form 8-K contains "forward-looking statements" that are subject to
risks and uncertainties. They should be read in conjunction with the
forward-looking statements in DTE's and The Detroit Edison Company's ("Detroit
Edison") 2001 Form 10-K Item 1 (incorporated by reference herein), and in
conjunction with other SEC reports filed by DTE and Detroit Edison that discuss
important factors that could cause DTE's and Detroit Edison's actual results to
differ materially. DTE and Detroit Edison expressly disclaim any current
intention to update any forward-looking statements contained in this document as
a result of new information or future events.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrants have duly caused this report to be signed on their behalf by the
undersigned, hereunto duly authorized.
Date: March 3, 2003 DTE ENERGY COMPANY
(Registrant)
/s/ N. A. Khouri
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N. A. Khouri
Vice President and Treasurer
Date: March 3, 2003 THE DETROIT EDISON COMPANY
(Registrant)
/s/ N. A. Khouri
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N. A. Khouri
Vice President and Treasurer
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EXHIBIT INDEX
Exhibit
Number Description
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99 Press Release dated February 28, 2003
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