Samir Nangia

SAMIR NANGIA is the Senior Analyst covering electric utilities at Credit
Lyonnais Securities. He joined Credit Lyonnais Securities (USA) in the
US Equity Research department as a Research Associate, covering the
Natural Gas and Electric Convergence Industry. Prior to joining Credit
Lyonnais Securities in November 1999, Mr. Nangia was a Senior Associate
with CMS Energy and a Research Associate with the Electric Utilities
team at Salomon Smith Barney from June 1998 to July 1999. Mr. Nangia was
also employed by Edison Mission Energy from January 1997 to June 1998
and CalEnergy from July 1995 to December 1996, where his
responsibilities included corporate and power plant valuations as well
as the development and financing of power plants. He holds an MBA in
Finance from the University of Rochester in Rochester, New York, and a
Bachelor of Commerce (Hons) degree from Delhi University in New Delhi,
India.