1 EXHIBIT 99 WESTINGHOUSE COMPLETES DIVESTITURE OF HOME SECURITY BUSINESS PITTSBURGH, Dec. 31 -- Westinghouse Electric Corporation announced today the completion of the divestiture of its residential security business, Westinghouse Security Systems, to Western Resources, Inc., a diversified energy company with interests in the security business including Westar Security and ADT. The sale values Westinghouse Security Systems at approximately $425 million, including the assumption of certain liabilities. Proceeds from the sale will be used to pay down the Corporation's debt. Page 5 of 5 Pages