February 14, 2011

ITC Schedules Fourth Quarter and Year-End 2010 Earnings Release and Webcast of Quarterly Earnings Call

NOVI, Mich., Feb. 14, 2011 /PRNewswire/ -- ITC Holdings Corp. (NYSE: ITC) today announced that it will release consolidated financial results for the fourth quarter and year-end 2010, after the market closes on February 22, 2011.  

In addition, ITC will conduct a conference call to discuss the fourth quarter and year-end 2010 results at 11:00 a.m. ET Wednesday, February 23, 2011.  Joseph L. Welch, chairman, president and CEO, will provide a business overview, and Cameron M. Bready, executive vice president, treasurer and CFO, will discuss the financial results.

Individuals wishing to participate in the conference call may dial toll-free (877) 644-1296 (domestic) or (914) 495-8555 (international); there is no passcode.  A listen-only live webcast of the conference call, including accompanying slides and the Earnings Release, will be available on the company's investor information page at http://investor.itc-holdings.com/events.cfm.  

The conference call replay, available through Monday, February 28, 2011, can be accessed by dialing toll-free (800) 642-1687 (domestic) or (706) 645-9291 (international), passcode 41929558. The webcast will also be archived on the ITC website at http://investor.itc-holdings.com/events.cfm.

About ITC Holdings Corp.

ITC Holdings Corp. (NYSE: ITC) invests in the electricity transmission grid to improve electric reliability, expand access to markets, lower the overall cost of delivered energy and allow new generating resources to interconnect to its transmission systems. The largest independent electricity transmission company in the country, ITC currently operates high-voltage transmission systems and assets in Michigan's Lower Peninsula and portions of Iowa, Minnesota, Illinois , Missouri and Kansas, serving a combined peak load in excess of 25,000 megawatts through its regulated operating subsidiaries, ITCTransmission, Michigan Electric Transmission Company (METC), ITC Midwest and ITC Great Plains.  ITC also focuses on further expansion in areas where significant transmission system improvements are needed through ITC Grid Development and its subsidiaries.  For more information, please visit: http://www.itc-holdings.com. (itc-ITC)

SOURCE ITC Holdings Corp.

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