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News Release

TECO Energy to host a Webcast April 29

Management to discuss first quarter results

TAMPA, April 16, 2008

TECO Energy, Inc. (NYSE: TE) today announced that the company will host a Webcast concurrent with a conference call with the financial community on Tuesday, April 29, 2008, at 5:00 PM Eastern time.

Executive Vice President and Chief Financial Officer Gordon Gillette will discuss the company’s first quarter results and outlook for the remainder of the year.

The company’s first quarter results, including unaudited income statement, balance sheet, statement of cash flow and utility operating statistics, will be released Tuesday, April 29, 2008, after the market closes and prior to the call.

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

The Webcast 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 available 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: http://www.tecoenergy.com.

TECO Energy, Inc. (NYSE: TE) is an energy-related holding company. Its principal subsidiary, Tampa Electric Company , is a regulated utility in Florida with both electric and gas divisions ( Tampa Electric and Peoples Gas System ). Other subsidiaries include TECO Coal, which owns and operates coal production facilities in Kentucky and Virginia, and TECO Guatemala, which is engaged in electric power generation and distribution, and energy-related businesses in Guatemala.

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