Annual Shareholder Meeting

Vision

Mission

Integrity

Safe Harbor Statement

This news release includes statements that may constitute forward-looking statements made pursuant to the safe

harbor provisions of the Private Securities Litigation Reform Act of 1995. This information may involve risks and

uncertainties that could cause actual results to differ materially from such forward-looking statements. Factors that

could cause or contribute to such differences include, but are not limited to:

Increased prices for fuel and purchased power and the possibility that regulators may not permit EE to pass

through all such increased costs to customers or to recover previously incurred fuel costs in rates

Recovery of capital investments and operating costs through rates in Texas and New Mexico

Uncertainties and instability in the general economy and the resulting impact on EE’s sales and profitability

Potential delays in our construction schedule due to legal challenges or other reasons

Unanticipated increased costs associated with scheduled and unscheduled outages of generating plant

The size of our construction program and our ability to complete construction on budget

Costs at Palo Verde

Deregulation and competition in the electric utility industry

Possible increased costs of compliance with environmental or other laws, regulations and policies

Possible income tax and interest payments as a result of audit adjustments proposed by the IRS or state

taxing authorities

Uncertainties and instability in the financial markets and the resulting impact on EE’s ability to access the

capital and credit markets

Other factors detailed by EE in its public filings with the Securities and Exchange Commission. Please refer to

EE’s 2012 Form 10K and other 1934 Act Filings

May 9, 2013 2

Overview

Leadership Transitions

2012 Financial Accomplishments

2012 Operational Accomplishments

2012 Renewable Energy Initiatives

1st Quarter 2013 Highlights

May 9, 2013 3

Leadership Transitions

Michael Parks, who previously served as Vice

Chairman of the Board, transitioned to the

chairmanship due to the passing of Kenneth Heitz

Two endowments in the amount of $250K have been

established in the name of Kenneth Heitz and will be awarded

to engineering students attending UTEP and NMSU

We would like to thank Linda Heitz for attending today’s

meeting and helping us to honor the memory of Kenneth Heitz

The Board elected two new directors in 2012, Edward

Escudero and Woodley “Woody” L. Hunt

Both are respected leaders in the city of El Paso and have

deep roots, vast experience, and a history of public service in

our communities

May 9, 2013 4

2012 Financial Accomplishments

EE distributed a total of $38.9mm in cash dividends

EE increased borrowing under the Revolving Credit

Facility from $200mm to $300mm

EE completed the refinancing of Pollution Control

Bonds in 2012; annual savings of approximately

$1.1mm

EE issued $150mm of 10-year, 3.3% unsecured

Senior Notes in December 2012

May 9, 2013 5

2012 Operational Accomplishments

May 9, 2013 6

Edison Electric Institute awarded EE the

2012 Emergency Assistance Award for its

efforts to restore power to the New York

area as a result of Super Storm Sandy

For the second year in a row, EE was

ranked the most reliable investor-owned

utility in Texas; ranking number one in

both the System Average Interruption

Duration Index (SAIDI) and the System

Average Interruption Frequency Index

(SAIFI)

Palo Verde Unit 2 recorded the best

performance in plant history by operating

for a plant record 518 consecutive days

SAIDI SAIFI

2012 Renewable Energy Initiatives

EE continued its commitment to support and develop

solar-energy resources in our service territory

In November EE announced the execution of a power-

purchase agreement with Element Power for the total output

from the Macho Springs Solar Project

With the Macho Springs Solar purchase power agreement,

EE’s owned solar energy projects and purchase power

agreements represent over 5.5% of the Company’s

dedicated generating capacity, which represents one of the

largest percentages in the United States for an investor-

owned utility

EE partnered with El Paso Community College to install

solar panels that will be used in EPCC’s renewable energy

education curriculum

May 9, 2013 7

1st Quarter 2013 Highlights

Earnings per share

1st Quarter 2013 EPS (Basic) - $0.19, compared to 1st Quarter

2012 EPS (Basic) $0.08

Completed construction and began testing Rio Grande

Unit 9

Commercial operation expected May 2013

May 9, 2013 8

The quick start General

Electric LMS 100 aero-

derivative unit will be

capable of producing

87MW’s

Vision

Mission

Q & A