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Direct Energy To Establish New Corporate Head Office In Houston

Houston, TX (01/12/2012) - Direct Energy, one of North America's largest competitive energy and energy-related services companies, announced today that it will move its Corporate head office to Houston, Texas. Direct Energy's Residential Energy and Upstream and Trading businesses are currently based in Houston and the company has more than 2000 employees across Texas. The company, whose Corporate offices have been located in Toronto, Ontario since 2000, expects the relocation to be completed in the next 12 to 18 months.

Direct Energy customers in Ontario will experience no disruption or change to their services or products as a result of today's announcement. Direct Energy's Services, Commodity Sales and Upstream Energy operations in Alberta and other provinces in Canada will also be unaffected.

The relocation of Direct Energy's headquarters in no way affects the company's commitment to customers in Ontario, who will continue to be supported by a large employee base in the province, and more broadly across Canada.

"The relocation of our Corporate head office to Houston will allow us to focus our attention on growth opportunities in the U.S. where competitive energy markets are thriving, particularly in Texas and the U.S. Northeast region," said Chris Weston, President and CEO of Direct Energy. "Over the last decade, Direct Energy has successfully pursued both acquisitive and organic growth in the U.S., entering more than 20 new markets in the last 12 months, and we will continue this strategy into 2012."

About Direct Energy

Direct Energy is one of North America's largest energy and energy-related services providers with over 6 million residential and commercial customer relationships and 6,000 employees. Direct Energy provides customers with essential home services and support in managing their energy costs through a portfolio of innovative products and services. A subsidiary of Centrica plc (LSE: CNA), one of the world's leading integrated energy companies, Direct Energy operates in 46 states plus DC and 10 provinces in Canada.

DE Communications Contacts:

Hillary Marshall
1-416-590-3210
Hillary.marshall@directenergy.com

Houston
Lisa Frizzell
1-713-877-3733
Lisa.frizzell@directenergy.com


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