NorthWestern Files Application to Begin Trading on New York Stock Exchange
03 April 2008 - 4:46PM
PR Newswire (US)
SIOUX FALLS, S.D., April 3, 2008 /PRNewswire-FirstCall/ --
NorthWestern Corporation d/b/a NorthWestern Energy (NASDAQ:NWEC)
today announced that the Company has filed an application with NYSE
Euronext ("NYSE") to move from the NASDAQ Global Select Market to
the NYSE and expects to begin trading on the NYSE under the ticker
symbol "NWE" on May 1, 2008. The Company will ring the opening bell
on Tuesday May 20, 2008, to celebrate the occasion. "Today marks an
exciting new chapter in NorthWestern's long history with the NYSE,"
said Mike Hanson, President and Chief Executive Officer. "Our
return to the NYSE is a testament to NorthWestern's steady stream
of strong financial results over the last three years. NorthWestern
is well-positioned for growth, and we look forward to continuing
our relationship with the NYSE in order to enhance shareholder
value. We are confident that listing alongside our peer group on
the NYSE will increase NorthWestern's visibility with investors."
"We are pleased to welcome NorthWestern back to our family of
listed companies," said Catherine R. Kinney, Group EVP and Head of
Global Listings, NYSE Euronext. "We look forward to an outstanding
partnership with the company and providing NorthWestern with the
superior market quality, brand visibility and information services
offered to issuers on the NYSE Euronext." About NorthWestern Energy
NorthWestern Energy is one of the largest providers of electricity
and natural gas in the Upper Midwest and Northwest, serving
approximately 650,000 customers in Montana, South Dakota and
Nebraska. More information on NorthWestern Energy is available on
the Company's Web site at http://www.northwesternenergy.com/.
DATASOURCE: NorthWestern Corporation CONTACT: Media, Bobbi
Schroeppel, +1-866-622-8081, , or Investors, Dan Rausch,
+1-605-978-2902, , both of NorthWestern Corporation Web site:
http://www.northwesternenergy.com/
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