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News Release

TECO Energy to webcast presentation to financial community on October 26, 2004

TAMPA, October 19, 2004

TECO Energy, Inc. (NYSE:TE) today announced that it plans to provide a live webcast of its presentation to the financial community at the Edison Electric Institute Financial Conference on Tuesday, October 26 at 12:00 PM Eastern, 9:00 AM Pacific.

The webcast and the presentation materials can be accessed by following the link on TECO Energy’s home page at www.tecoenergy.com.  The presentation will be available for replay on the TECO Energy web site for 30 days after the presentation.

TECO Energy, Inc. (NYSE: TE) is an integrated energy-related holding company with core businesses in the utility sector, complemented by a family of unregulated businesses. Its principal subsidiary, Tampa Electric Company, is a regulated utility with both electric and gas divisions (Tampa Electric and Peoples Gas System). Other subsidiaries are engaged in waterborne transportation, coal and synthetic fuel production and independent power.

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