The company plans to use the net proceeds to repay outstanding short-term debt incurred to finance capital expenditures and to fund other corporate requirements and for other general corporate purposes.

St. Louis-based Ameren companies serve around 2.4 million electric customers and almost one million natural gas customers in a 64,000-square-mile area of Missouri and Illinois.

Ameren owns electric generating plants located in its Midwest market with a generating capacity of more than 16,300 megawatts.

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Free annual reports, filings and conference call webcasts for companies mentioned in the news are available via Investrend Syndications (http://investrend.ar.wilink.com/?level=279). Yesterday's issued reports and recorded webcasts include Shinsei Bank Ltd. (OTC: SKLKF), Altus Group Income Fund (TSX: AIF-UN), China Green Agriculture Inc. (AMEX: CGA), Novadaq Technologies Inc. (TSX: NDQ), American Medical Alert Corp (NASDAQ: AMAC), Endeavour Financial Corporation (TSX: EDV), Hong Kong Highpower Technology (AMEX: HPJ), Netsol International Inc. (NASDAQ: NTWK), Endeavour Silver Corp (TSX: EDR) (AMEX: EXK), Charles & Colvard (NASDAQ: CTHR), CyberDefender Corp. (OTCBB: CYDE), EF Johnson Technologies Inc. (NASDAQ: EFJI), Tekmira Pharmaceuticals Corp. (TSX: TKM), Escalon Medical Corp. (NASDAQ: ESMC), Flint Energy Services Ltd. (TSX: FES) (OTC: FESVF), Trading Emissions PLC (OTC: TRDGF), Solomon Gold PLC (LSE: SOLG), Homeland Security Capital Corp. (OTCBB: HOMS), Vietnam Opportunity Fund LD (OTC: VCVOF) and FirstRand (OTC: FANDF) (XETRA: FSRJ).

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Ameren companies serve approximately 2.4 million electric customers and almost one million natural gas customers in a 64,000-square-mile area of Missouri and Illinois. Ameren owns a diverse mix of electric generating plants strategically located in its Midwest market with a generating capacity of more than 16,300 megawatts.

SOURCE Ameren Corporation

http://www.ameren.com

The company plans to use the net proceeds to repay outstanding short-term debt incurred to finance capital expenditures and to fund other corporate requirements and for other general corporate purposes.

St. Louis-based Ameren companies serve around 2.4 million electric customers and almost one million natural gas customers in a 64,000-square-mile area of Missouri and Illinois.

Ameren owns electric generating plants located in its Midwest market with a generating capacity of more than 16,300 megawatts.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports, filings and conference call webcasts for companies mentioned in the news are available via Investrend Syndications (http://investrend.ar.wilink.com/?level=279). Friday's issued reports and/or recorded webcasts include Yanglin Soybean Inc. (OTCBB: YSYB), J.C. Penney (NYSE: JCP), Penford Corporation (NASDAQ: PENX), Savanna Energy Services Corp. (TSX: SVY) and ZAGG Inc. (NASDAQ: ZAGG).

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Favorably, management recently lowered planned capital expenditures in its merchant generation business by roughly $1 billion over the four-year period 2010 - 2013 as well as a work force reduction. AEGC accounts for approximately 65% of the merchant generation capacity and consequently, Fitch expects a majority of the spending reductions will be attributable to AEGC. The lower spending forecast reflects the deferral of environmental expenditures and the elimination of power uprates that are not economically justified in the current market environment. The reduced expenditures include a variance from the Illinois Pollution Control Board (IPCB) that allows Ameren Corp.'s merchant generation business to defer approximately $300 million of environmental capital expenditures from 2009-2012 to the 2013-2015 timeframe. The capital expenditure reductions are in addition to previously announced reductions in the 2008 and 2009 capital and operating expense budget of approximately $400 million - $450 million.

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SOURCE: Fitch Ratings

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