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Business Description
DTE Energy Company is the holding company of The Detroit Edison Company (Detroit Edison), the International Transmission Company (ITC), DTE Enterprises Inc. (Enterprises) and other subsidiaries engaged in energy trading, energy services and other energy-related businesses. The Company has six segments: Electric Utility, Gas Utility, Wholesale Marketing & Trading, Energy Services, Other Non-Regulated Operations and Corporate & Other. Electric Utility is comprised of the operations of Detroit Edison and ITC; Gas Utility is comprised of the operations of Michigan Consolidated Gas Company; Wholesale Marketing & Trading consists of the operations of DTE Energy Trading and Enterprises; Energy Services consists of businesses that develop and manage energy projects and services; Non-Regulated represents the operations of energy businesses involved in emerging technologies and other non-regulated gas operations, and Corporate & Other includes corporate expenses.

Financial Information
DTE Energy Company is an exempt holding company for The Detroit Edison Company, a public utility engaged in the generation, purchase, transmission, distribution and sale of electric energy in southeastern MI. For the six months ended 6/30/02, revenues rose 21% to $4.38 billion. Net income before accounting change totaled $268 million, up from $48 million. Results reflect higher revenues from wholesale marketing and trading activities, and favorable energy market prices.