Back to Media Room

News Releases

Two Ameren Corporation Subsidiary Companies to Voluntarily Delist a Total of Five Series of Preferred Stock Due to Administrative Costs Of Maintaining Listings for a Small Number of Shareholders

ST. LOUIS, Nov. 14 /PRNewswire-FirstCall/ -- The boards of directors of two utility operating subsidiaries of Ameren Corporation (Ameren) (NYSE: AEE) today announced they are taking steps to voluntarily delist a total of five series of preferred stock from the New York Stock Exchange (NYSE).

This action is due to the small number of shareholders and small volumes traded and allows Central Illinois Light Company (AmerenCILCO) and Union Electric Company (AmerenUE) to reduce administrative costs associated with continuing to list the preferred stock.

  The preferred shares to be delisted are as follows:

  Company               Series         Symbol         CUSIP
  Central Illinois      4.50%          CER PR         153645205
   Light Company
  Union Electric        $3.50          UEP PRA        906548201
  Union Electric        $4.00          UEP PRC        906548409
  Union Electric        $4.50          UEP PRD        906548508
  Union Electric        $4.56          UEP PRE        906548607

Each series of the preferred stock will continue to remain an outstanding obligation and the dividends payable thereon will not be affected by the delisting, but the preferred stock will no longer be traded on the NYSE, and no alternate listing arrangements are being made for the preferred stock. AmerenCILCO and AmerenUE currently anticipate that the last day of trading of the preferred stock referenced above on the NYSE will be approximately December 5, 2007.

AmerenCILCO also anticipates that, following delisting, it will file a Form 15 with the Securities and Exchange Commission (SEC) to deregister the 4.50% Series preferred stock pursuant to the Securities Exchange Act of 1934. Following the deregistration of the 4.50% Series preferred stock, AmerenCILCO will no longer file proxy or information statements with respect to the preferred stock with the SEC and will not deliver proxy or information statements to the shareholders of the preferred stock.

AmerenCILCO and AmerenUE will continue to file periodic reports with the Securities and Exchange Commission on Form 10-K, 10-Q and 8-K after the delisting of all five series of preferred stock and the deregistration of AmerenCILCO's 4.50% Series preferred stock.

With assets of $20 billion, Ameren serves 2.4 million electric customers and one million natural gas customers in a 64,000-square-mile area of Missouri and Illinois.

SOURCE: Ameren Corporation

CONTACT: Investors: Bruce Steinke, +1-314-554-2574; Media: Tim Fox,
+1-314-554-3120, both of Ameren Corporation

Web site: http://www.ameren.com/