On September 7, 2007, Shareholders of TXU Corp. (“TXU”) voted concerning the proposed merger
with Texas Energy Future Holdings Limited Partnership, which was formed by an investor group led by
affiliates of Kohlberg Kravis Roberts & Co. L.P. and Texas Pacific Group. The merger was
approved and consummated; therefore on Wednesday, October 10, 2007 each existing TXU Common Share
will be converted into the right to receive $69.25 net cash per share. This corporate action
will be coordinated with the Options Clearing Corporation.
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