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Newsroom Archives — 2001

12/7/01:
TECO Energy reports on exposure to Enron
TECO Energy, Inc. (NYSE: TE) today reported on its exposure relating to the Enron Corp. bankruptcy filing. TECO Energy believes it has exposures in operations from trade payables and other trading positions due to the Enron bankruptcy...


10/30/01:
TECO Energy updates earnings outlook for 2002 and beyond for investors
In its presentation at the Edison Electric Institute's annual financial conference today, TECO Energy is updating its earnings growth outlook for 2002 and beyond.


10/18/01:
TECO Energy reports third quarter earnings per share up 11 percent to $.72 per share
TECO Energy, Inc. (NYSE:TE) today reported third quarter earnings of $.72 per share, up 11 percent from $.65 per share in the third quarter of 2000.


10/17/01:
TECO Energy declares quarterly dividend
At its meeting today, the Board of Directors of TECO Energy, Inc. declared a quarterly dividend of 34.5 cents per share...


10/15/01:
TECO Energy named to Standard & Poor's 500
Upon the close of trading on Tuesday, October 9, Standard & Poor's added TECO Energy to its prestigious S&P 500 Stock Index. The S&P 500, a representative sample of leading companies in leading industries, is closely followed by the business and investment community.


10/9/01:
TECO Energy sells 3.5 million shares of common stock
TECO Energy, Inc. (NYSE: TE) today reported that it had entered into an underwriting agreement for the sale by the company of 3.5 million shares of its common stock.


9/18/01:
TECO Energy Wins Leadership Award
TECO Energy Inc. has won the Governor’s Business Leadership Award, one of only nine Florida companies to receive the honor.


9/6/01:
TECO Energy pledges million-dollar matching gift challenge to benefit Tampa Bay History Center, Cultural Arts District
TECO Energy today announced a $1-million matching gift for the development of a new Tampa Bay History Center. The gift will be paid as a match against gifts made by other corporations, as well as the public.


7/26/01:
TECO Energy Legal Department announces two executive promotions, one new executive position
At its quarterly meeting last week, TECO Energy's Board of Directors elected Sheila McDevitt to the position of senior vice president, general counsel and chief legal officer.


7/19/01:
TECO Energy reports second quarter earnings per share up 15 percent to $.53 per share
TECO Energy, Inc. (NYSE:TE) today reported second quarter earnings of $.53 per share, up 15 percent from $.46 per share in 2000. Net income for the quarter was $71.9 million, 25 percent higher than the $57.5 million recorded in the 2000 period.


7/19/01:
TECO Energy names Texaco executive to Board of Directors
TECO Energy today announced that Ira D. Hall has been named to its Board of Directors, effective immediately. Hall is treasurer of Texaco Inc. and head of the company's finance department.


7/18/01:
TECO Energy declares quarterly dividend
At its meeting today, the Board of Directors of TECO Energy, Inc. declared a quarterly dividend of 34.5 cents per share...


5/7/01:
TECO Energy promotes two executives
TECO Energy today announced two executive promotions; Gordon Gillette, formerly vice president-Finance and chief financial officer, has been promoted to senior vice president-Finance and chief financial officer.


4/18/01:
TECO Energy reports first quarter earnings per share up 29 percent to $.54 per share
TECO Energy, Inc. (NYSE:TE) today reported first quarter earnings of $.54 per share, up 29 percent from $.42 per share in 2000. Net income for the quarter was $69.7 million, 30 percent higher than the $53.5 million recorded in the 2000 period.


4/18/01:
TECO Energy announces dividend increase
TECO Energy’s quarterly dividend will increase from 33.5 cents per share to 34.5 cents per share...


3/28/01:
TECO Energy expects to exceed first quarter earnings forecasts
TECO Energy (NYSE: TE) today announced that it expects to exceed consensus earnings forecasts for the first quarter. The First Call first quarter consensus earnings forecast is $.46 per share, 7 percent higher than the $.42 earnings per share recorded in the first quarter last year.


3/13/01:
TECO Energy completes common stock offering, including sale of overallotment shares
TECO Energy today announced that it has completed the public offering that was announced in February, selling a total of 8.625 million new common shares.


3/7/01:
TECO Energy announces common stock sale
TECO Energy (NYSE: TE) today announced that it entered into an underwriting agreement for the sale by the company of 7.5 million shares of its common stock at a price to the public of $27.75.


2/20/01:
TECO Energy announces common stock offering
TECO Energy, Inc. (NYSE: TE) announced today that it plans to offer 7.5 million shares of its common stock through underwriters led by Credit Suisse First Boston. The sale of the common stock is expected to take place during the week of March 5.


1/22/01:
TECO Energy reports fourth quarter earnings per share up 28 percent, full year 2000 earnings up 18 percent to $1.99 per share
TECO Energy, Inc. (NYSE:TE) today reported fourth quarter earnings of $.46 per share, up 28 percent from $.36 per share from continuing operations before charges in 1999.


1/18/01:
TECO Energy declares quarterly dividend
At its meeting today, the Board of Directors of TECO Energy, Inc. declared a quarterly dividend of 33.5 cents per share...

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CHERIE JACOBS
TECO Energy, Tampa Electric, Peoples Gas
TECO Energy, Inc.
702 N. Franklin Street
Tampa, Florida 33602
E-mail: cljacobs@tecoenergy.com Email Icon