ITC Schedules Second Quarter 2010 Earnings Release and Conference Call

NOVI, Mich., July 14 /PRNewswire-FirstCall/ -- ITC Holdings Corp. (NYSE: ITC) today announced that it will release consolidated financial results for the quarter ended June 30, 2010, after the market closes on July 28, 2010.  

In addition, ITC will conduct a conference call to discuss the second quarter earnings results at 11:00 a.m. ET Thursday, July 29, 2010.  Joseph L. Welch, chairman, president and CEO, will provide a business overview, and Cameron M. Bready, senior vice president, treasurer and CFO, will discuss the financial results.

Individuals wishing to participate in the conference call may dial toll-free (877) 644-1296 (domestic) or (914) 495-8555 (international); there is no passcode.  The conference call replay, available through Friday, August 13, 2010, can be accessed by dialing toll-free (800) 642-1687 (domestic) or (706) 645-9291 (international), passcode 87281817.

Investors, news media and the public may listen to a live internet broadcast of the meeting at http://investor.itc-holdings.com.  The webcast will be archived on the ITC website at http://investor.itc-holdings.com.

About ITC Holdings Corp.

ITC Holdings Corp. (NYSE: ITC) invests in the electricity transmission grid to improve electric reliability, expand access to markets, lower the overall cost of delivered energy and allow new generating resources to interconnect to its transmission systems. The largest independent electricity transmission company in the country, ITC operates high-voltage transmission systems in Michigan's Lower Peninsula and portions of Iowa, Minnesota, Illinois, Missouri and Kansas, serving a combined peak load in excess of 25,000 megawatts through its regulated operating subsidiaries, ITCTransmission, Michigan Electric Transmission Company (METC), ITC Midwest and ITC Great Plains.  ITC also focuses on new areas where significant transmission system improvements are needed through ITC Grid Development and its subsidiaries. For more information, please visit: http://www.itc-holdings.com. (itc-ITC)

SOURCE ITC Holdings Corp.