TORONTO, May 12 -- The Ontario Energy Board (the Board) is pleased to announce the re-appointment of the Honourable Howard I. Wetston as Chair of the Board and Chief Executive Officer for a second five-year term, effective June 30, 2008.

"I am honoured to continue to serve as Chair of the Ontario Energy Board," said Mr. Wetston. "I would like to recognize the contribution and support of members of the Board and of staff, whose role is vital in carrying out the important mandate of the Board."

The Ontario Energy Board regulates the province's electricity and natural gas sectors in the public interest. It envisions a viable and efficient energy sector with informed consumers, and works towards this vision through regulatory processes that are effective, fair and transparent.

For more information on the Board, please visit our website at www.oeb.gov.on.ca or contact the Consumer Relations Centre at 416-314-2455 or toll-free at 1-877-632-2727.

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Mr. Wetston's Biography

The Honourable Howard I. Wetston, Q.C. was re-appointed for a second five-year term as Chair and CEO of the Ontario Energy Board (the Board), effective June 30, 2008. He was initially appointed Chair of the Board on June 30, 2003.

Immediately prior to his initial appointment to the Board, Mr. Wetston served as Vice-Chair of the Ontario Securities Commission starting January 13, 1999. From June 16, 1993 to June 12, 1999 Mr. Wetston served as a Judge of the Federal Court of Canada, Trial Division and ex-officio member of the Federal Court of Canada, Appeal Division. From October 1989 to June 1993, he was the Director of Investigation and Research (DIR) (now Commissioner of Competition), Bureau of Competition Policy and from October 1986, he served as Senior Deputy DIR where he was accountable for the overall direction and management of mergers and acquisitions.

Previously, Mr. Wetston was in private practice in Ottawa, associated with the firms of Burnet, Duckworth & Palmer in Calgary and Phillips & Vineberg in Montreal. Before entering private practice, he served as General Counsel to the Canadian Transport Commission and Assistant General Counsel to the National Energy Board. Prior to that, he served as General Counsel to the Consumers' Association of Canada and Legal Counsel to the National Energy Board. From 1976 to 1980, he was a member of the Department of Justice as Crown Counsel and previous to that, Crown Counsel in the Nova Scotia Attorney General's Department.

Mr. Wetston was educated at Mount Allison University and Dalhousie University. He was appointed Q.C. in 1990 and is a member of the Ontario and Alberta Bars.

Mr. Wetston is a member of the Board of Directors of Mount Sinai Hospital in Toronto (2004).

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For further information: Eric Pelletier, Ontario Energy Board, (416) 440-7685