Market Overview

Xcel Energy Board Elects New Board Member

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Lynn Casey has been elected to Xcel Energy's board of directors,
effective immediately. An executive with extensive experience in brand
strategy and investor, corporate, and media relations, Casey is
nationally recognized as an industry leader in building and protecting
brands.

Casey is currently chair of Padilla, a Minneapolis-based public
relations and communications firm recently acquired by AVENIR Global in
Montreal. With more than 35 years of experience, Casey served as CEO of
Padilla for 17 years. She was the driving force behind enhancing the
company's strategic offerings, turning the local company into a fully
integrated branding and communications powerhouse.

"We are delighted to welcome Lynn to the board and look forward to the
contributions she will make as a member of our tremendously talented
team of directors," said Ben Fowke, chairman, president and CEO of Xcel
Energy. "Lynn's extraordinary experience in creating and delivering
high-impact communication strategies, her forward-thinking approach and
her strong commitment to the local community will serve Xcel Energy
well."

Casey currently serves as vice chair on the board of the University of
Minnesota Foundation, and previously chaired both the Greater Twin
Cities United Way board of directors and Meet Minneapolis. She is also
actively involved in Minnesota Women's Economic Roundtable and the
Itasca Project, a group committed to raising the economic
competitiveness of the region. Casey has a Bachelor of Arts degree from
the University of North Dakota, a Master of Arts degree in journalism
and mass communications from the University of Minnesota and a Masters
of Business Administration from the University of St. Thomas.

About Xcel Energy

Xcel Energy (NASDAQ:XEL) provides the energy that powers millions of
homes and businesses across eight Western and Midwestern states.
Headquartered in Minneapolis, the company is an industry leader in
responsibly reducing carbon emissions and producing and delivering clean
energy solutions from a variety of renewable sources at competitive
prices. For more information, visit xcelenergy.com
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