Earnings Up at OGE Energy Corp.

OGE Energy Corp., the parent company of Oklahoma Gas and Electric Company and Enogex Inc., reported income from continuing operations of $2.64 per diluted share in 2007, compared with $2.45 per diluted share in 2006.

Net income for 2007 also was $2.64 per diluted share, while net income for 2006, including discontinued operations, was $2.84 per diluted share.

In 2007, OG&E reported net income of $162 million and contributed $1.75 per diluted share, compared with $149 million, or $1.62 per diluted share in 2006. Enogex reported income from continuing operations of $86 million, or $0.93 per diluted share in 2007, compared with $78 million, or $0.84 per diluted share for 2006.

For the three months ended Dec. 31, 2007, OGE Energy reported earnings of $0.40 per diluted share, compared with $0.24 per diluted share in the fourth quarter of 2006.



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