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Customers to see meaningful savings over next 10 years

Entergy Corporation and ITC Holdings Corp. announced today that the companies have mutually agreed to end their pursuit of a spin/merger of Entergy's transmission business with ITC.

Entergy Corporation issued the following statement on today's decision by the Mississippi Public Service Commission to reject the proposed spinoff and merger of Entergy's transmission system to ITC Holdings, Inc.

Entergy's story began Nov. 13, 1913, with a pile of sawdust and a handshake between Harvey Couch and H. H. Foster, president of the Arkansas Land and Lumber Co.

Entergy Corporation Chairman and Chief Executive Officer Leo Denault plans to provide a presentation Tuesday, Nov. 12 at the 48th Edison Electric Institute Financial Conference in Orlando, Fla.

Entergy Corporation today reported third quarter 2013 as-reported earnings of $239.9 million, or $1.34 per share, compared to $337.1 million, or $1.89 per share, for third quarter 2012.

The Board of Directors of Entergy Corporation has declared a quarterly dividend of 83 cents per common share.

Entergy Corporation today indicated that it expects third quarter 2013 as-reported earnings of approximately $1.33 per share and operational earnings of approximately $2.40 per share.

Entergy New Orleans, Inc., Entergy Louisiana, LLC and Entergy Gulf States Louisiana, L.L.C. are closely monitoring Tropical Storm Karen as it moves toward landfall this weekend along the Gulf Coast.