Entergy Corporation and Subsidiaries 2008

Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States. Entergy delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $13 billion and approximately 14,700 employees.

2008 Financial Highlights

In 2008, the challenges came fast and furious. Entergy entered the year with an ambitious agenda that included achieving the spin of our non-utility nuclear assets and the formation of a nuclear services joint venture, continuing the transformation of our utilities’ generation portfolio and pursuing constructive regulatory outcomes at the local, state and federal levels. Then extraordinary challenges emerged including a crisis in global financial markets, unusually high volatility in commodity markets and back-to-back, record-setting hurricanes.

Faced with remarkable events, Entergy was prepared. We tackled these challenges with the same hard work, determination and focus that we bring to every element of our business. These essentials – along with our point-of-view-driven business model and adaptable employees – enabled us to respond quickly and effectively.

In our annual report for this year of extraordinary challenge, we offer quotes from great thinkers and inspirational leaders. Reflected in their words – and the accompanying illustrations – are the fundamental values, beliefs and spirit of Entergy Corporation.