July 29, 2008

Shandong Nuclear Power Company and Westinghouse Electric Start Excavation on New AP1000 Plant in Haiyang, China

HAIYANG, China, July 29 /PRNewswire/ -- The Shandong Nuclear Power Company with Westinghouse Electric Company LLC and its consortium partner The Shaw Group Inc. broke ground today one month earlier than scheduled on the Haiyang Nuclear Power Facility in Shandong Province, one of the most highly advanced nuclear power plants being constructed in the world.

The Haiyang facility will house two nuclear plants, each deploying Westinghouse's AP1000(TM) technology, the safest, most advanced and proven nuclear power plant currently available in the worldwide marketplace. Excavation for the first of the two plants will take approximately three months to create a hole 12 meters deep (39 feet) that will house the nuclear reactor and turbine buildings. The volume of the excavation is approximately 48,916 cubic meters or about 19.5 Olympic-size swimming pools. When completed, a base for the plant nearly 175 meters wide (570 feet) by 250 meters long (840 feet) will exist.

The Westinghouse consortium is working in partnership with the State Nuclear Power Technology Corporation Ltd. (SNTPC) to construct four nuclear power facilities in China, all using AP1000 technology. Excavation on the first of two other plants planned for development in Sanmen, in partnership with the Sanmen Nuclear Power Company Ltd., also broke ground earlier this year in February, more than a month ahead of schedule.

The SNTPC and Shandong Nuclear Power Company, the nuclear plant owner, selected the AP1000 technology for its safety performance characteristics, ease of operation, generating capacity, modular design and cost effectiveness in both construction and operational phases. The AP1000 is the only nuclear power plant technology being built in the world today with fully automated operational/safety control functions and cooling systems, in addition to featuring the most advanced instrumentation and control in the industry. The technology also has one of the shortest construction cycles in the industry, with the first of the Haiyang plants expected to come on line in 2014.

Westinghouse, a group company of Toshiba Corporation, is the world's pioneering nuclear power company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world. Westinghouse, with Shaw, supplied the world's first PWR in 1957 in Shippingport, PA. Today, Westinghouse technology is the basis for approximately one-half of the world's operating nuclear plants, including 60 percent of those in the United States. Westinghouse believes the AP1000 technology is ideally suited for the new worldwide nuclear marketplace. In addition to the China sites, the AP1000 has been selected as the technology of choice for no less than 14 plants to be built in the United States over the next 10 to 12 years.

Westinghouse Electric Company

CONTACT: Vaughn Gilbert, +1-412-374-3896, [email protected], orScott Shaw, +1-412-374-6737, [email protected], both of WestinghouseElectric Company

Web site: http://www.westinghousenuclear.com/

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