CMS Energy Corporation

Stock Symbol: CMS

CMS Energy Corporation Description:
CMS Energy Corporation is a diversified energy company operating in the United States and in selected growth markets around the world. Its two principal subsidiaries are Consumers and Enterprises. Consumers is a public utility that provides natural gas and/or electricity to almost six million of the 9.9 million residents in Michigan's lower peninsula.

CMS Energy Corporation Financial Summary:
CMS Energy Corporation is the holding company for Consumers, a public utility providing electric and gas service in Michigan, and Enterprises, which is engaged in the production of oil and gas. For the 6 months ended 6/30/05, revenues rose 8% to $3.14B. Net income from cont. ops. and before acct. change appli. to comm. totaled $177M, up from $11M. Results reflect higher production volume as well as improved operating margins.

CMS Energy Corporation Business Summary:
CMS Energy Corporation is an energy holding company operating through subsidiaries in the United States and in selected markets around the world. The Company's two principal subsidiaries are Consumers Energy Company (Consumers) and CMS Enterprises Company (Enterprises). Consumers is a public utility that provides natural gas and/or electricity to Michigan residents. Enterprises, through various subsidiaries, affiliates and equity investments, is engaged in United States and international energy businesses, including independent power production, natural gas transmission, storage and processing and energy services. The Company conducts its businesses by the nature of services each provides and operates principally in three business segments, electric utility, gas utility and enterprises.

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