TO THE HONOURABLE THE LEGISLATIVE ASSEMBLY OF MANITOBA: Your Standing Committee on PUBLIC UTILITIES AND NATURAL RESOURCES presents the following as its Second Report. Meetings: Your Committee met on the following occasions: • Monday, June 18, 2001 at 10:00 a.m. • Monday, July 8, 2002 at 10:00 a.m. All meetings were held in Room of the Legislative Building.

Matters Under Consideration: • Annual Report of the Manitoba Hydro Electric Board for the year ended March 31, 2000 • Annual Report of the Manitoba Hydro Electric Board for the year ended March 31, 2001 Committee Membership: Substitutions received prior to commencement of June 18, 2001 meeting: • Mr. GILLESHAMMER for Mr. HELWER • Mr. LOEWEN for Mr. FAURSCHOU • Mr. REIMER for Mrs. STEFANSON • Mr. TWEED for Mr. PENNER (Emerson) • Mr. JENNISSEN for Mr. AGLUGUB • Hon. Mr. SELINGER for Hon. Mr. SMITH (Brandon West) • Mr. REID for Mr. RONDEAU Substitutions received prior to commencement of July 8, 2002 meeting: • Mr.

LOEWEN for Mr. DERKACH • Mrs. STEFANSON for Mr. FAURSCHOU • Mr. PENNER (Steinbach) for Mr. HELWER • Hon. Mr. SELINGER for Hon. Mr. SMITH (Brandon West) • Hon. Mr. ASHTON for Ms. ASPER • Mr. STRUTHERS for Ms. ALLAN Officials Speaking on Record: • Mr. Bob Brennan, President and Chief Executive Officer Reports Considered and Adopted: Your Committee considered: • Annual Report of the Manitoba Hydro Electric Board for the year ended March 31, 2000 • Annual Report of the Manitoba Hydro Electric Board for the year ended March 31, 2001 and has adopted the same as presented.

Submitted by, _______________________________ Ms. Bonnie KORZENIOWSKI, Chairperson July 8, 2002