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[The following is a press release from the NEBF]

National Electrical Benefit Fund and National Electrical Annuity Plan Launch Web site for Participants

CONTACT: Jack Sahm (301) 590-8580 x321

Rockville, MD February 1, 2002 The Trustees of the National Electrical Benefit Fund (NEBF) and the National Electrical Annuity Plan (NEAP) are pleased to announce the launch of their benefits Web site. Now plan participants can find answers to questions about plan information at their fingertips, any time of the day. Through the ease of the Internet, participants can log on to www.nebf.com and

• Learn about the rules and regulations of their benefit plans.
• Stay up-to-date with the latest new and announcements regarding the plans.
• Download and print plan-related forms and reports.
• Locate important contact information.
• Find answers to frequently asked questions.
• See a visual history of the fund.

The National Electrical Benefit Fund (NEBF) has been in existence since September 3, 1946. The National Electrical Annuity Plan (NEAP) was established on December 11, 1973. Both plans provide retirement and related benefits to employees in the electrical industry. Eligible individuals can receive a pension or disability benefit, separate from Social Security or other pension benefits.

The NEBF/NEAP benefits Web site was developed and is hosted by TrustBenefits Online. TrustBenefits Online was founded in July 2000 by two well-established companies: Associated Third Party Administrators and Thomas Havey, LLP. With over 100 combined years in the employee benefits plan industry, TrustBenefits Online provides individuals full access to benefit information via the Internet. TrustBenefits Onlines products and services are defining the leading edge of online benefits administration and communication.