InterGen names Martin D. Rees Senior Vice President and Chief Financial Officer

Burlington, MA, Mar 5, 2004 -- InterGen today announced that Martin D. Rees has been named Senior Vice President and Chief Financial Officer. Mr. Rees will oversee InterGen's finance, corporate accounting, tax, information technology and treasury functions.

Prior to his promotion, Mr. Rees was Vice President and Treasurer for InterGen. In that capacity, he had global responsibility for corporate finance, liquidity and credit management, as well as interest rate and foreign exchange management. Prior to joining InterGen in 2001, Mr. Rees held various senior finance and business development positions with global energy companies and worked on the development, structuring and financing of energy assets in most regions of the world.

"Martin has done exemplary work as our Vice President and Treasurer and he is very well prepared to undertake the responsibilities of CFO. We are extremely pleased to have him playing a key role maintaining the continuity of our financial plans and strategies," said InterGen CEO Marvin Odum.

InterGen is a global power generation firm. The Company is operating or building a total of 20 power stations representing over 16,000 megawatts (MW). The Company has projects operating, under construction and/or in active development in the United States, the United Kingdom, the Philippines, Colombia, Mexico, China, Egypt, Turkey, Brazil, Australia, The Netherlands, Spain, Germany and Singapore. InterGen is a Shell-Bechtel venture.