RETIREE NEWS FROM UI

Spring 2011

TV Documentary Explores UI Retirees Pioneering Energy Career

Marcus McCraven, a nuclear pioneer and UIs former vice president for environmental engineering, was recently the subject of an Emmynominated television documentary. No Barriers Too High explores McCravens experience as a member of the team that built the hydrogen bomb in the wake of World War II. Through archival footage and contemporary interviews, the film documents McCravens career, during which he struggled with and triumphed over racial discrimination as the projects only African American engineer. McCraven, 87, of Hamden, later settled with his wife, Marguerite, and his family in the New Haven area. He worked at UI from 1969 to 1989 and remained involved in national energy issues, serving on the Science Advisory Executive Committee for the U.S. Environmental Protection Agency, and the Edison Electric Institute. Locally, McCraven is recognized as a community leader. He is a member of Quinnipiac Universitys Board of Trustees, and has served as president of the Peabody Museum and as chairman of the South Central Connecticut Chapter of the American Red Cross, among other organizations. The 25-minute documentary, produced by Tim Malloy of Quinnipiac University, aired on WTNH affiliate MyTV9 on Feb. 5. It was recently nominated for the 34th annual Boston/New England Emmy Awards under the category Historical/Cultural Program/Special. The awards were scheduled for May 14 in Quincy, Mass. McCraven told The Luminary he was surprised beyond his wildest expectations when he learned that No Barriers Too High had been nominated for an Emmy. Tim Malloy, obviously, is a very excellent producer, he said. I gave him a story, but he put this whole thing together. P

UI Sustainability Report Outlines Environmental, Social and Economic Commitments

See full story inside on page 4.

Is there a UI retiree youd like to see featured in The Luminary? Let us know! Be sure to include the retirees name and contact information, and write a few lines about why you think that person should be in The Luminary. Contact corporate.communications@ uinet.com, or write to UIL Corporate Communications, Mail Stop 1-14E, P.O. Box 1564, New Haven, CT 06506-0901.

UIL Corporate Communications Mail Stop 1-14E P.O. Box 1564 New Haven, CT 06506-0901

A Letter from Executive Leadership

Dear Retirees, 2011 is shaping up to be a momentous year for UIL Holdings Corporation. Change is sweeping across every corner of the corporation not only at UI, but also the three natural gas distribution companies we welcomed to the UIL family last year: Berkshire Gas Company, Connecticut Natural Gas Corporation and Southern Connecticut Gas Company. K We are also continuing in last years successful effort to reach out to customers through community meetings. This year, in addition to meetings in UIs service territory, we are also holding meetings for customers of the three UIL gas companies Berkshire, CNG and SCG to engage them about the utility services our companies provide. Were very excited about 2011, as we begin to reap the rewards from the opportunities we created in 2010. We have great confidence in the skills and talents of the people who will bring this vision about: the diverse and dedicated employees at UIL and its gas and electric operating companies, working together with common values and a deep commitment to safety and customer service. Together, we will make 2011 a truly great year! P James P. Torgerson UIL President and Chief Executive Officer Anthony J. Vallillo UIL Executive Vice President and Chief Operating Officer

James P. Torgerson

Anthony J. Vallillo

We are now deeply involved in the process of integrating those companies under the UIL banner, and we have organized the top level of our organization to reflect this. James P. Torgerson remains president and chief executive officer of UIL Holdings, now the parent of all four operating companies. Anthony J. Vallillo is now executive vice president and chief operating officer at UIL Holdings, overseeing gas and electric operations. Step by step, we are coming closer to our goal of operating as one company. We are scrutinizing all areas of all of our operations to find ways we can work together effectively and efficiently. We expect to complete the implementation of these integration initiatives this year. In the midst of this we have been hard at work providing our customers with premier quality utility services and creating value for all of our stakeholders. K UIL reported strong financial performance for 2010. Consolidated net income, excluding acquisition and transition-related activities, increased by 13 percent, compared to the previous year. We closed on the acquisition of three gas companies within six months of announcement, launched a new and innovative transmission venture, and GenConn Energys Devon plant was completed and became operational in 2010. K UIL reported solid earnings in the first quarter of 2011. Consolidated net income was $52.0 million, compared with net income of $16.1 million in the same period in 2010. These

results included $37.4 million from the recently acquired gas companies and the impacts from the acquisition. The first quarter 2011 was the first full quarter of earnings from the gas businesses, GenConn Energys Devon plant was fully operational and there were higher earnings from transmission due to a higher rate base. K Work continues on UIs future Central Facility in Orange, Conn. Despite the harsh winter, construction work is on schedule for completing the office building in March 2012 and the operations center the following June. Move planning for employees is already under way, and the completed buildings are expected to meet a high standard for environmental design. UI is consolidating its seven existing work locations to gain efficiencies and reduce long-term costs.

Employee Feature: Victor Spigarolo

Victor Spigarolo had been on the market for a steady job more than two years when he saw the ad for the veterans job fair in Bridgeport. In my mind, I said, Oh no. Not another one of these, he recalled, reflecting on his frustration as a job-seeker over 60 years old. But my inner voice was telling me, Youd better go. He listened, and was glad he did. After speaking with Ron Robert of Human Resources, he landed a new job as a ground level inspector. The job broke a decades-long spell during which Victor held and lost a string of jobs at companies that moved out of town or went bankrupt. That was six years ago. Currently, Victor works in UIs new facility on Old Gate Lane in Milford, performing inventory control for the distribution of UIs new advanced meters, known as helometers. I make sure we know where theyre going and where they came from, and make sure everything follows the paper trail, he said. Victor, 68, grew up in Shelton and now lives in his grandparents former home in Trumbull. He was drafted into the U.S. Army in 1964 and served in Germany for two years during the Vietnam War. He and his late wife have three grown children. He has strong community ties. Over the years, he has held leadership roles in the Shelton and Trumbull fire departments, and was one of the first emergency medical technicians in the state. He currently serves as president of the Shelton Lafayette Field Football Association. Victor said football is among his favorite diversions, along with hunting and fishing. He himself played in high school and in the Army. After coming to UI, Victor initially was assigned to meter testing at East Shore in New Haven. But he was later reassigned to Old Gate Lane, the staging point for UIs ambitious effort to upgrade its meter infrastructure. I think the biggest factor at this company is that theyre open. They communicate, they tell you what the big plan is, and then they ask for your input. You know where youre going, you know where youre heading and you know how youre going to get there, he said. P

Son of UI Employee Represents U.S. Air Force at Super Bowl XLV

Airman First Class David Valine, Color Guardsman for the U.S. Air Force Honor Guard, was selected to represent the Air Force during the presentation of colors at the opening ceremony during the 2011 Super Bowl on Feb. 6, 2011. David, third from right in the photo, is the son of UIs Account Manager Rick Valine. P

THE WAY WE WERE Spring of 1899

More than 120 years ago, P.T. Barnum and a parade of elephants lumbered through Bridgeport and helped to cement the publics trust in this newfangled invention called electricity. Electricity was still a novelty in the earliest days of the companys history before the New Haven Electric Company and the Bridgeport Electric Light Company came together as UI in 1899. So when the regions first electrically operated drawbridge was constructed across the Pequonnock River Bridgeport in 1889, it drew the publics attention and trepidation. A contemporary account, published in Electric World, marveled: The draw can be opened and closed in two minutes and the expense is limited to the hiring of one man, and the monthly charge of the local electric light company, by which a considerable saving is effected. There was a problem, though: People werent sure what to make of this new electrically powered contraption, and they certainly didnt trust it. This innovation had aroused intense interest and excitement among the good citizens of Bridgeport and had been the object of argument, derision and suspicion, recounted the U.I. News, which in February 1940 ran a retrospective piece on the affair. On the day of its formal opening, the town turned out, lining the banks of the Pequonnock River, waiting with obvious skepticism, to see if the bridge would work and, if so, if it could safely be used for traffic. The die-hards of those days did not put much faith in the young so-called electric engineers. Enter P.T. Barnum. Bridgeports legendary circus leader was wintering in town with his elephants and, with a showmans eye for publicity (as the U.I. News put it, in a masterwork of understatement), offered to lead Big Bertha and the rest of the elephant herd across the bridge during its opening ceremony. Big Bertha, like a prima donna, made the most of her moment, delicately testing its strength with one foot and then, followed by the rest of the herd, marched safely across, the U.I. News reported. The crowd cheered wildly. They had witnessed the acid test of the bridge and each no doubt felt that history had been made in Bridgeport. P

UI Sustainability Report Outlines Environmental, Social and Economic Commitments

At UI, our actions have an impact on the natural world, our local communities and even the economy. The decisions we make now will affect our access to these critical resources in the future. We call this concept sustainability. Sustainability at UI means we are committed to business practices that are environmentally, socially and economically responsible, with a goal of increasing the companys value to all stakeholders. We are therefore proud to present Our Responsibility: Sustainability at The United Illuminating Company. This is a wide-ranging effort to capture UIs status, progress and ambitions in the three spheres of sustainability: our environmental, social and economic responsibilities. The report, prepared by the Business Enterprise Sustainability Team (B.E.S.T.), covers UIs activities during the year 2010. The team, formed in December 2008, is charged with identifying opportunities to integrate sustainability into the corporations business practices and operations. The full report is available for download at www. uinet.com/sustainability. A limited number of hard copies are also available from Corporate Communications. To request one, send an e-mail to corporate. communications@ uinet.com, or write to UIL Corporate Communications, Mail Stop 1-14E, P.O. Box 1564, New Haven, CT 06506-0901. P

We hope you enjoy these photos from our extensive collection. Well be sure to include some in each issue. Please take a moment and send along a note if you can help identify any of the individuals, the date or the location of the activity. The Luminary UI Corporate Communications Mail Stop 1-14E P.O. Box 1564 New Haven, CT 06506-0901 corporate.communications@ uinet.com

Earnings Conference Calls Available Online

UIL held its first-quarter 2011 earnings conference call with the financial community on May 4, 2011. UIL President/CEO James P. Torgerson and CFO Richard Nicholas presented an overview of the corporations financial results followed by a question-and-answer session. The earnings call information is available on the UIL website at http://UIL.com. You can listen to a recording of the conference call by clicking on the link at the top of the Investors section. View the presentation on the Presentations & Webcasts page in the Investors section; or, read a copy of the transcript, which is also located on the Presentations & Webcasts page in the Investors section. P

Service Anniversaries (15+ YEARS)

Sandy Perreault Paul Ardito Ramona Avent Thomas Tomon Ralph Amendola Wendy Ardizzone Kenneth Bullard Sean Cahill Michael Guarino Matthew Maher Fredericke Parris John Savinelli Joseph Silva Marek Waclawiak John Weaver Ammie Wilson Susan Winkel Karen Bunkoci Salvatrice DeLuca 15 years 20 years 20 years 20 years 25 years 25 years 25 years 25 years 25 years 25 years 25 years 25 years 25 years 25 years 25 years 25 years 25 years 30 years 30 years Maria Febus Kathy Foster Lisa Johnson John ODonnell Beatrice Rose Anthony Sanchez Marie Sewell Barbara Sherman Joseph Atkinson Anthony Baldelli George Joshua Elizabeth Maya James Piergrossi 30 years 30 years 30 years 30 years 30 years 30 years 35 years 35 years 40 years 40 years 40 years 40 years 45 years

Retirements
Anthony Adamo James Brennan David Holmes Susan Lesco Charles Letezeio Vin Lewandowski James McCormack John Pawlyk Thomas Powers Carrie Ray Paula Santagata Ronald Steele Carol Surprenant Kenneth Valente Jacqueline Warren

UIL Corporate Communications Mail Stop 1-14E P.O. Box 1564 New Haven, CT 06506-0901