KMKC Client Selected by General Motors to Provide Energy Savings Projects

Cincinnati, December 3, 2001- KMK Consulting Company is proud to announce that Vestar has been selected by General Motors to design and implement energy savings projects for 13 automotive manufacturing facilities in Michigan, Indiana, Ohio, Louisiana, Kentucky and Delaware. KMK Consulting has been retained since early in 2001 to assist Vestar in its strategic planning as well as initiating, negotiating and securing customer relationships.

Jim McGraw, Managing Director of KMK Consulting, said "We are very pleased with the success Vestar has had in the growth of their company, the expansion of their client base and our role in that process. Now more than ever, companies must be keenly aware of every expense item and must implement ways in which to become more efficient and reduce their costs. We look forward to an ongoing relationship with Vestar, being involved in more deals and assisting them in further strengthening their business."

GM Selects Vestar for Energy Savings Projects

CINCINNATI –– VESTAR, Inc., an affiliate of Cinergy Corp. (NYSE:CIN), has been selected by General Motors to design and implement energy savings projects at several of its automotive manufacturing facilities.

VESTAR will provide the engineering, construction management and financing of the projects, which will include lighting and paint shop retrofits to improve energy efficiency and reduce energy costs for GM. The project covers 13 facilities in six states (Michigan, Indiana, Ohio, Louisiana, Kentucky and Delaware). The multi-million dollar series of projects is expected to be completed by March, 2002. Terms of the agreement and projected savings were not disclosed.

“These energy saving projects will improve our work environment and reduce emissions from the production of the energy, giving us a double benefit,” said Joseph Bibeau, utility service group director –– worldwide operations for GM.

“GM has selected VESTAR to help proactively lower energy costs and improve the environmental impact of its manufacturing operations,” said Leland Smith, president of VESTAR. “We work very closely with clients, like GM, to understand their business needs, design solutions to accomplish their goals, and adjust our work plans to meet their production schedule.”

VESTAR is the second Cinergy affiliate involved in energy projects with GM, joining Cinergy Solutions, Inc., which provides combined heat and power production services at GM facilities in Michigan, Louisiana and Oklahoma.

General Motors (NYSE: GM), the world's largest vehicle manufacturer, designs, builds and markets cars and trucks worldwide. In 2000, GM earned $5 billion on sales of $183.3 billion (excludes special items). It employs about 372,000 people globally. Founded in 1908, GM today sells its vehicles in about 200 countries. The Company has manufacturing operations in more than 30 countries

VESTAR, Inc. is an energy service company specializing in facility and infrastructure solutions and the application of energy-related technology. VESTAR works to understand customer goals and apply ingenuity to develop and deliver facility infrastructure solutions that conserve resources and improve performance. VESTAR is an affiliate of Cinergy Corp., one of the largest diversified energy companies in the U.S.

About KMK Consulting

KMK Consulting provides specialized business consulting services, primarily to corporate, entrepreneurial, not-for-profit, community and executive clients. KMKC specializes in advisory services in connection with company restructuring; business formation; acquisitions; public offering transactions; strategic issue analysis; strategic planning; leadership development; government affairs; economic development; marketing strategies; business alliances and public/private partnerships. Collectively, the KMKC team has extensive expertise with all types and sizes of corporations including experience serving on boards of directors of a variety of enterprises from family businesses to publicly held global companies. Learn more at http://www.kmkconsulting.com.