Company Profile For FirstEnergy Corp.

FirstEnergy Corp. (FirstEnergy) is principally a holding company that holds, directly or indirectly, eight principal electric utility operating subsidiaries: Ohio Edison Company (OE), The Cleveland Electric Illuminating Company (CEI), The Toledo Edison Company (TE), Pennsylvania Power Company (Penn), American Transmission Systems, Inc. (ATSI), Jersey Central Power & Light Company (JCP&L), Metropolitan Edison Company (Met-Ed) and Pennsylvania Electric Company (Penelec). Its revenues are primarily derived from electric service provided by its utility operating subsidiaries and the revenues of its other principal subsidiary, FirstEnergy Solutions Corp. (FES). In addition, FirstEnergy holds other direct subsidiaries, including FirstEnergy Properties, Inc., FirstEnergy Ventures Corp., FirstEnergy Nuclear Operating Company (FENOC), FirstEnergy Securities Transfer Company, GPU Diversified Holdings, LLC, GPU Telecom Services, Inc., GPU Nuclear, Inc. and FirstEnergy Service Company (FESC).

BRIEF: For the nine months ended 30 September 2009, FirstEnergy Corp.'s revenues decreased 4% to $10.01B. Net income decreased 24% to $768M. Revenues reflects lower revenue from Electric utilities. Net income also reflects an increase in purchase power expenses, a rise in provision for depreciation due to NGC's increased ownership interest, an increase in amortization of regulatory assets, and higher interest expenses.