Allegheny Communications Connect explain how our past successes will lead to a brighter future. July 12, 2002

Corporate Overview – Allegheny Energy History Maryland Corporation 1925 Allegheny Energy Subsidiaries Allegheny Energy Supply (Generation) Allegheny Power (Distribution) Allegheny Ventures (Telecomm & On-site Generation) Allegheny Communications Connect Allegheny Energy Service Corporation (People) Financials 2001 $418M Net Income on $10.3B Revenue 1.7 Million Gas and Electric Customers DEFINE CLEC CARRIERS CARRIER TELECOM ACT 96 DARK FIBER LIT FIBER CAPACITY/BANDWIDTH

Allegheny Communications Connect Lines of Business Communications Services Internet Access Services Enterprise Services ‘Radical’ Telecomm Business Plan… Prudent Business Practices Selective Network Deployment Objective-based Management (IRR, Cash Flow) Excellence in execution  Customer Satisfaction Preserve AE Brand and Reputation Reliable local partner / provider DEFINE CLEC CARRIERS CARRIER TELECOM ACT 96 DARK FIBER LIT FIBER CAPACITY/BANDWIDTH

Allegheny Power Territory Key Allegheny Power Electric Service Territory Gas Service Territory 1,300 ROUTE MILES (SCHEDULED BY END 2000) 94,0000 FIBER MILES CHALLENGE IS HOW WE DERIVE FURTHER REVENUE STREAMS AND ADDITIONAL VALUE FROM THIS NETWORK

ACC Fiber Optic Network 1,300 ROUTE MILES (SCHEDULED BY END 2000) 94,0000 FIBER MILES CHALLENGE IS HOW WE DERIVE FURTHER REVENUE STREAMS AND ADDITIONAL VALUE FROM THIS NETWORK

Americas Fiber Network ACC Confidential 3 REASONS DRIVING CREATION MONITZE ASSETS WALL STREET CUSTOMERS CONTRIBUITION MODEL CONTRACTS ELECTORNICS FIBER CAPITAL 7,000 ROUTE MILES 140,000 FIBER MILES INTENTION STANDALONE COMPANY NON-UTILITY MANAGEMENT 60 PEOPLE, OPERATIONAL TODAY

ACC Objectives - 2002 and Beyond Continue to grow value added services Broadband Fixed Wireless Virtual Private Networks Commercialize Business Continuity capabilities Leverage existing partnerships EMC Cisco Data Center Facility Expansion Leverage and extend existing infrastructure ISP Partnerships / wholesale access AFN Communications