AIRBORNE POLLUTION CONTROL TO BUILD PROPRIETARY ADVANCED POLLUTION CONTROL FACILITY
Ground-Breaking Process Reduces Harmful Emissions & Turns Pollution Into Fertilizer

(CALGARY, AB - May 28th, 2002) Airborne Pollution Control Inc. (Airborne) has partnered with three industry leaders to conduct the first-ever field testing of its proprietary and ground-breaking multi-pollutant control process (the Airborne Process). Together with The Babcock & Wilcox Company and USFilter, Airborne will build a demonstration facility in Kentucky at the Ghent generating facility which is operated by LG&E Energy Corp. (LG&E) subsidiary Kentucky Utilities.

With 56% of North America's electrical power being generated from coal, the Airborne Process addresses a global concern by removing sulfur dioxide (SO2), sulfur trioxide (SO3), nitrogen oxides (NOx), and mercury from plant emissions. The scrubbing agent used to remove the pollutants is sodium bicarbonate, a compound similar to household baking soda. Unlike other scrubbing procedures the sodium bicarbonate is regenerated in the process reducing operating costs, increasing efficiencies, reducing waste and most impressively, the Airborne Process turns the pollution into a high-quality granular fertilizer.

While all components of the Airborne Process have proven viable in the power, chemical and fertilizer industries, this will be the first full-scale test of the combined technologies. Following a successful demonstration later this year, LG&E may capitalize on its investment in Airborne by having the first production facility in North America built at the Ghent generating facility in Kentucky.

"Our company has been at the forefront of pollution control equipment ever since we brought our first scrubbers on line in the early 1970s. We are pleased to be able to continue to play a role in the development of the latest environmental technologies. If this process works as expected, it would be a monumental breakthrough in our industry." Caryl Pfeiffer, Director of Environmental Affairs, LG&E Energy Airborne Pollution Control Inc. is a Calgary, Alberta based Private Corporation that has developed and has exclusive rights to patents throughout the world for an advanced pollution control process (the Airborne Process) for utilities that generate electrical power from coal-fired power plants. The Airborne Process allows the benefits of this plentiful and inexpensive resource to be capitalized on in an environmentally and economically responsible manner.

LG&E Energy Corp., headquartered in Louisville, Ky., is a diversified energy services company that is a member of the Powergen plc. (LSE; NYSE: PWG) group of companies. As Powergen's North American headquarters, LG&E Energy owns and operates Louisville Gas and Electric Company, a regulated electric and gas utility serving Louisville, Ky. and 16 surrounding counties; and Kentucky Utilities Company, a regulated electric utility, based in Lexington, Ky., which serves customers in 77 Kentucky counties and five counties in Virginia. LG&E Energy also owns interests in certain independent energy and energy-related businesses.

The Babcock & Wilcox Company is a subsidiary of McDermott International, Inc., (NYSE: MDR), a leading worldwide energy services company. McDermott subsidiaries manufacture steam-generating equipment, environmental equipment, and products for the U.S. government. They also provide engineering and construction services for industrial, utility and hydrocarbon processing facilities, and to the offshore oil and natural gas industries.

USFilter is a world leader in the design and fabrication of environmental equipment and is a unit of the Vivendi Environment Company, a subsidiary of Vivendi Universal (NYSE: V) with annual revenues in excess of USD$5.0 billion and more than 22,000 employees.

-30-

Media Contact:
E: L.Seidman@AirbornePollutionControl.Com
T: 403.253.7887 Extension: 310