FOR IMMEDIATE RELEASE: Tuesday, December 4, 2001

CATAMOUNT ENERGY CORPORATION NAMES
LISA ROBARE, VICE PRESIDENT — CONTROLLER

RUTLAND, VT — Catamount Energy Corporation (Catamount) announced today that Lisa M. Robare has been named to the position of vice president — controller.

"Lisa’s strong leadership and technical skills, as well as her extensive experience in the IPP business, make her a very valuable addition to the Catamount team and to the continued growth of our intellectual capital," said James J. Moore, Jr., Catamount’s president and CEO.

"We are focused on three things at Catamount: building our base of intellectual capital, maintaining our reputational capital, and growing our business as quickly as we can while maintaining a ‘think like owners’ investment discipline," Moore said.

Prior to joining Catamount, Robare was director of corporate accounting for USGen New England, Inc., the Boston regional office of PG&E Generating, where she was responsible for managing accounting for a $3 billion multi-asset, $800 million annual revenue company. She also held positions at Selkirk Cogen Partners, L.P. and KPMG Peat Marwick.

Robare holds a bachelor of science degree with a concentration in accounting from Northeastern University and received her CPA in 1991 from the Commonwealth of Massachusetts.

Catamount, the independent subsidiary of Central Vermont Public Service (NYSE: CV), has been in the business of providing clean, cost-competitive electricity in the U.S. and Europe for over 15 years. In response to opportunities in the renewable energy sector, Catamount has refocused its strategy toward becoming a developer, owner, and operator of wind energy projects.

More information on Catamount Energy Corporation is available on the Internet at www.catenergy.com.

CONTACT: Cheryl Whelan
Catamount Energy Corporation
802.772.6819 or Fax 802.772.6798
cwhelan@catenergy.com

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect", or similar expressions. These statements are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, future trends in wind and other projects, acceptance of the Companies products and services in the marketplace, competitive factors, dependence upon third-party vendors, and other risks. By making these forward-looking statements, the Companies undertake no obligation to update these statements for revision or changes after the date of this release.

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