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News Release

TECO Energy’s Karen Mincey named one of 75 most powerful women in business

List includes Oprah Winfrey, leaders of major corporations.

TAMPA, February 2, 2010

TECO Energy Vice President of Information Technology and Chief Information Officer Karen Mincey is one of the 75 most powerful women in business, according to Black Enterprise magazine. The list appears in the magazine’s February 2010 issue.

Black Enterprise cited Mincey’s outstanding work to elevate TECO Energy’s Information Technology department as a key factor in her selection. For the past three years, Information Week magazine has ranked TECO Energy one of the “Top 500 Companies in Technology Innovation.” Computer World magazine has called TECO Energy one of the 100 best places to work in information technology. And last year, the company’s IT Service Desk won the 2009 HDI Internal Team Excellence Award from the world’s largest and most prestigious association of IT service and support professionals.

“The great team I’m fortunate to be part of has done and continues to do the tremendous work of transforming our Information Technology department from an ‘IT-centric’ organization to a fully engaged, strategic enabler for the business,” Mincey said. “Going a step further, utilizing the leadership skills I’ve acquired at TECO Energy has also allowed me to contribute in a meaningful way to the communities we serve, namely through my participation in charitable organizations and service in my church.”

TECO Energy President and Chief Operating Officer John Ramil said, “Karen and her team have done an incredible job to position TECO Energy as a utility industry leader in information technology. She deserves this recognition in every way. Her achievement is a testament to where we are as a company, and thanks to her team’s expertise, where we can go in the years ahead.”

Sharing the 75 Most Powerful Women in Business list are leaders from companies such as General Mills, FedEx Corp., Burger King and others. Oprah Winfrey also is on the list.

Mincey is a 27-year electric utility industry veteran, serving the past 20 years at TECO Energy. She joined the company’s Information Technology team in 1998. She and others on the 75 Most Powerful Women in Business list will attend a banquet and press conference this month.

Tampa Electric Company is the principal subsidiary of TECO Energy, Inc. (NYSE: TE), an integrated energy-related holding company, with regulated utility businesses, complemented by a family of unregulated businesses. Tampa Electric Company is a regulated utility with both electric and gas divisions (Tampa Electric and Peoples Gas System ). Other subsidiaries are engaged in coal, and electric generation and distribution in Guatemala.

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