Transmission Services Corporation

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Transmission Services Corporation

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Transmission Services Corporation Disclaimer

Site Disclaimer

Please read the disclaimer below and indicate your acceptance before entering the Investor Relations Section of our website.

You ("viewer") have requested to enter the Investor Relations Section ("Section") of the website of the Lower Colorado River Authority and its affiliated nonprofit corporations (collectively, "LCRA"). Documents within this Section set forth certain information regarding the LCRA, including but not limited to information provided to satisfy the LCRA's undertakings under continuing disclosure agreements with holders of the LCRA's bonds, notes or other obligations. This Section does not purport to include every item that may be of interest or relevant with respect to any of the LCRA's bonds, notes or other obligations, nor does it purport to present full and fair disclosure with respect to any financial transactions, bonds, notes or other obligations related to the LCRA within the meaning of applicable securities laws and regulations.

The information contained in each document within this Section speaks only as of the date of each such document, may have changed since that date and has not been updated since that date. The LCRA expressly disclaims any duty to provide an update of any document contained in this Section. The documents in this Section are provided for informational purposes only. The contents of this Section does not constitute an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

Copies of the documents referred to herein may be obtained from:

Treasurer

Lower Colorado River Authority

P.O. Box 220

Austin, Texas 78767-0220

The information contained in each document referenced in this Section contain statements that, to the extent they are not recitations of historical fact, may constitute "forward-looking statements." In this respect, the words "estimate," "project," "anticipate," "expect," "intend," "believe" and similar expressions are intended to identify forward-looking statements. A number of important factors affecting the LCRA's business and financial results could cause actual results to differ materially from those stated in the forward-looking statements. Accordingly, the viewer should not place undue reliance on the content of the documents.

The LCRA maintains the Investor Relations Section; however, this Section may include hyperlinks to other parts of the LCRA's website and to third-party websites maintained or controlled by others and are included solely for the convenience of the viewer. While the LCRA has striven to assure the information contained in other sections of the LCRA website is accurate, such information was not created for the purpose of providing information to investors, may not be current, may not be complete and is not intended to and should not serve as the basis for any investment decision. Further, LCRA has not reviewed any statements or information of any linked third-party website, does not adopt or endorse any such statements or information, and makes no representation that any such statements or information are accurate or complete.

By clicking on "I Agree," each viewer acknowledges the contents of this disclaimer, including that (a) the LCRA is not, by providing the documents, offering to sell any securities, nor soliciting an offer to buy any securities, (b) such documents will not be construed by the viewer as any description of the LCRA or its affairs at any time subsequent to the date of such documents nor will the viewer assume from the availability of such documents on this website that the affairs of the LCRA have not been changed since the date of such documents and (c) because the information contained in such documents may be out of date or incomplete, they must not be relied upon in connection with any decision to purchase or sell any securities of the LCRA.

If you have read, understand and agree with the above and wish to continue to the Investor Relations website, please click "I Agree" below.

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