Westinghouse Expands Presence in Southeastern U.S.

October 27, 2008

Opens Office in Charlotte to support nuclear business growth

CHARLOTTE, NC – Ocotber 27, 1008 – Westinghouse Electric Company announced today that it will open an office here in February 2009 in response to the nuclear renaissance and related business growth.

The initial focus of Westinghouse’s expanded Charlotte-based workforce will be on balance of plant engineering, and Boiling Water Reactor (BWR) instrumentation and control system development and project execution.

The new Westinghouse office is located at 3545 Whitehall Park Drive, 15 miles from downtown Charlotte.

The southeastern U.S. is growing rapidly and is particularly attractive to us since it enables us to establish a presence close to our customers and partners, said Tony Greco, senior vice president, Westinghouse Human Resources and Corporate Relations. Our addition of staff in Charlotte demonstrates our continuing commitment to provide needed expertise in the nuclear market to meet the future, as well as emergent customer needs for both operating plants and new build.

In early April Westinghouse signed an Engineering, Procurement and Construction contract (EPC) with Georgia Power to provide two plants at the Vogtle site near Waynesboro, Ga. That was the first new nuclear power plant contract in the United States since 1977. In May Westinghouse signed an EPC with South Carolina Electric & Gas Company and Santee Cooper to provide two Westinghouse AP1000(TM) nuclear power units at the V.C. Summer Nuclear Station in Jenkinsville, S.C.

Earlier this year, Westinghouse opened an office in San Jose, Calif., to support the growth of its BWR nuclear power business.

Westinghouse Electric Company, a group company of Toshiba Corporation, is based near Pittsburgh, Pa. Westinghouse is the world’s pioneering nuclear power company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world. Today, Westinghouse technology is the basis for approximately one-half of the world’s operating nuclear plants.