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Safe Harbor Statement
Forward-Looking Statements
This presentation may contain statements, estimates or projections that constitute
forward-looking statements as defined under U.S. federal securities
laws. In some cases, one can identify forward-looking statements by terminology
such as will, expect, plan, lead, project or the negative of these
terms or other comparable terminology. Forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to differ
materially from Mirants historical experience and our present expectations or
projections. These risks include, but are not limited to: (i) legislative and
regulatory initiatives relating to the electric utility industry; (ii) changes in, or
changes in the application of, environmental or other laws; (iii) failure of our
assets to perform as expected, including due to outages for unscheduled maintenance or
repair; (iv) changes in market conditions or the entry of additional
competition
in our markets; (v) the expected timing and likelihood of completion of the proposed merger with RRI Energy, including the timing, receipt and
terms and conditions of required stockholder, governmental and regulatory approvals
that may reduce anticipated benefits or cause the parties to abandon
the merger;
the ability of the parties to arrange debt financing in an amount sufficient to fund the refinancing contemplated in, and on terms consistent with,
the Merger Agreement; the diversion of managements time and attention from our
ongoing business during the time we are seeking to complete the
merger; the
ability to maintain relationships with employees, customers and suppliers; the ability to integrate successfully the businesses and realize cost
savings and any other synergies; and the risk that credit ratings of the combined
company or its subsidiaries may be different from what the companies
expect; and
(vi) those factors contained in our periodic reports filed with the SEC, including in our Quarterly Report on Form 10-Q for the period ended
June 30, 2010. The forward-looking information in this document is given as of this
date only, and Mirant assumes no duty to update this information.
Non-GAAP Financial Information
The following presentation includes certain non-GAAP financial measures
as defined in Regulation G under the Securities Exchange Act of 1934. A
schedule
is attached hereto and is posted on the Companys website at mirant.com (in the Investor Relations - Presentations section) that reconciles the
non-GAAP financial measures included in the following presentation to the most
directly comparable financial measures calculated and presented in
accordance
with Generally Accepted Accounting Principles. In addition, the Company has included a more detailed description of each of the non-GAAP
financial measures used in this presentation, together with a discussion of the
usefulness and purpose of these measures as Exhibit 99.2 to the
Companys
Current Report on Form 8-K furnished to the SEC with its earnings press release.
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