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Exhibit 99.01
OKLAHOMA GAS AND ELECTRIC COMPANY CAUTIONARY FACTORS
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements to encourage
such disclosures without the threat of litigation providing those statements are identified as forward-looking and are accompanied by
meaningful, cautionary statements identifying important factors that could cause the actual results to differ materially from those
projected in the statement. Forward-looking statements have been and will be made in written documents and oral presentations of the
Company. Such statements are based on management’s beliefs as well as assumptions made by and information currently available to
management. When used in the Company’s documents or oral presentations, the words “anticipate”, “believe”, “estimate”, “expect”,
“intend”, “objective”, “plan”, “possible”, “potential”, “project” and similar expressions are intended to identify forward-looking
statements. In addition to any assumptions and other factors referred to specifically in connection with such forward-looking
statements, factors that could cause the Company’s actual results to differ materially from those contemplated in any forward-looking
statements include, among others, the following:
Ÿ Increased competition in the utility industry, including effects of decreasing margins as a result of competitive
pressures; industry restructuring initiatives; transmission system operation and/or administration initiatives; recovery
of investments made under traditional regulation; nature of competitors entering the industry; retail wheeling; a new
pricing structure; and former customers entering the generation market;
Ÿ Factors affecting utility operations such as unusual weather conditions; catastrophic weather-related damage;
unscheduled generation outages, unusual maintenance or repairs; unanticipated changes to fossil fuel or gas supply
costs or availability due to higher demand, shortages, transportation problems or other developments; environmental
incidents; or electric transmission or gas pipeline system constraints;
Ÿ Rate-setting policies or procedures of regulatory entities, including environmental externalities;
Ÿ Changing market conditions and a variety of other factors associated with physical energy and financial trading
activities including, but not limited to, price, basis, credit, liquidity, volatility, capacity, transmission, currency,
interest rate and warranty risks;
Ÿ Risks associated with PRM strategies intended to mitigate exposure to adverse movement in the prices of natural gas
on both a global and regional basis, including commodity price changes, market supply shortages, interest rate
changes and counterparty default;
Ÿ General economic conditions, including the availability of credit, access to existing lines of credit, actions of rating
agencies and their impact on our ability to access the capital markets, inflation rates and monetary fluctuations;
Ÿ Customer business conditions including demand for their products or services and supply of labor and materials
used in creating their products and services currently and in the future;
Ÿ Financial or regulatory accounting principles or policies imposed by the Financial Accounting Standards Board, the
SEC, the FERC, state public utility commissions; the regional state committee which regulates the SPP; state entities
which regulate natural gas transmission, gathering and processing and similar entities with regulatory oversight;
Ÿ Environmental laws, safety laws or other regulations passed by the EPA, the Oklahoma Department of
Environmental Quality or other governing agencies that may impact the cost of operations or restricts or changes the
way the Company operates its facilities;
Ÿ Availability or cost of capital, including changes in interest rates, market perceptions of the utility and energy-
related industries, the Company or security ratings;
Ÿ Employee workforce factors including changes in key executives and employee retention;
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