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C. John Wilder, CEO of TXU, presented at the Deutsche Bank Annual Electric Power Conference on June 15, 2005. He outlined TXU's strategy of becoming an industrial energy company focused on delivering top quartile financial performance through operational excellence, market leadership, and a risk/return mindset. Wilder also discussed TXU's goals of achieving balanced financial performance through earnings power, returns, and financial flexibility. Finally, he provided an outlook for 2005-2006 that anticipated earnings growth while acknowledging uncertainty from natural gas prices and customer demand.











































