News Release

TECO Energy Brand Showcased for National Audience at DELPHI® Indy 200 at Walt Disney World® Speedway.

TAMPA, January 31, 2000

Robbie Buhl Wins Northern Light® Indy Racing League Series Season Opener

TECO Energy in partnership with the Indianapolis Racing League served as the Official Energy Supplier to the 2000 DELPHI® Indy 200 at Walt Disney World® Speedway on January 29. The race marked the 2000 season opener of the Northern Light Indy Racing League Series. TECO Energy first sponsored the race in 1999 as an expansion of its long-term marketing partnership with Disney's Wide World of Sports™ Complex. The 12 p.m. race was televised live on the ABC television network.

TECO Energy sponsored TriStar Racing Team cars numbers 6 and 9 driven by Jeret Schroeder and Robby Unser. Celebrity driver and TriStar Racing Team owner Tony Stewart and TriStar driver Jeret Schroeder visited with fans at the TECO Energy Skybox during the race weekend.

TECO Energy, Inc. (NYSE:TE) is a diversified, energy-related holding company headquartered in Tampa. Principal businesses include Tampa Electric, which serves over 500,000 customers on Florida's central Gulf Coast; TECO Power Services, which builds, owns and operates electric generation facilities worldwide; Peoples Gas, the state's largest natural and propane gas companies serving nearly 300,000 customers statewide; TECO Coal; TECO Transport; TECO Coalbed Methane; and Bosek Gibson and Associates.