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News Release

TECO Energy to host a Webcast October 27

Management to discuss third quarter results and outlook

TAMPA, October 11, 2006

TECO Energy, Inc. today announced that the company will host a Webcast on Friday, October 27, 2006, at 9:00 AM Eastern time, concurrent with a conference call with the financial community. 

Management will discuss the company’s third quarter results and outlook for 2006.

The company’s third quarter results, including unaudited income statement, balance sheet, statement of cash flow and utility operating statistics, will be released and available on the Web site Friday, October 27, 2006, before the market opens and before the call.  

Investors, shareholders, media and the public can access the Webcast through a link on TECO Energy’s Web site at: www.tecoenergy.com.

The audio portion of the Webcast and the accompanying slides will be available for replay through a link on the Web site starting approximately two hours after the conclusion of the live event; the replay will be archived on the Web site for 30 days.

Additional information regarding TECO Energy is available through the Investors section of TECO Energy's Web site at tecoenergy.com.

TECO Energy, Inc. (NYSE: TE) is an integrated energy-related holding company with regulated utility businesses, 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 electric generation and distribution in Guatemala.

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