SLAAMB

 Hydro One News Release

Hydro One Launches Scholarship for First Nations, Métis and Inuit Students

Toronto, January 12, 2012 - Hydro One has launched the Hydro One FNMI Award, an academic scholarship for First Nations, Métis and Inuit (FNMI) students that support their post-secondary education in power-related studies.

"Our Hydro One FNMI Award provides students with monetary support and hands-on work experience that can help them learn, grow and achieve in power-related careers," said Judy McKellar, Vice President, Human Resources, Hydro One. "We are proud to support the FNMI community and to be recognized for playing an important role in increasing the representation of First Nations, Métis and Inuit people in our industry."

The Hydro One FNMI Award is granted annually to two FNMI students (where possible, one male and one female) studying power-related disciplines at a recognized Ontario university or community college. The recipients of the award are also offered a developmental work term at Hydro One.

Interested students can visit Hydro One's Career Section of the Company's website, www.HydroOne.com/Careers to complete and submit an application form or email aboriginal.recruitment@hydroone.com.

Applications for this year's award are due January 31, 2012.

In addition to launching the Hydro One FNMI Award, Hydro One supports First Nations, Métis and Inuit people students through:

The Hydro One/Sioux Lookout Area Aboriginal Management Board Stay in School Initiative:

This program encourages students in the Sioux Lookout-area to pursue and complete their Grade 12 education.

Aboriginal Opportunities Circle:

This annual event brings together Hydro One's summer outreach students from across the province for two days where they listen to presentations from various Hydro One employees of First Nation descent/or areas of relevance to First Nation/Métis people.

Community Information Sessions:

Hydro One travels to approximately 20 First Nation communities to present career opportunities and help students plan their career in the electricity sector.

Hydro One delivers electricity safely, reliably and responsibly to homes and businesses across the province of Ontario and owns and operates Ontario's 29,000 km high-voltage transmission network that delivers electricity to large industrial customers and municipal utilities, and a 123,000 km low-voltage distribution system that serves about 1.3 million end-use customers and smaller municipal utilities in the province. Hydro One is wholly owned by the Province of Ontario.

-30-

For more information, contact Hydro One Media Relations 24 hours a day at 1-877-506-7584 (toll-free in Ontario only) or 416-345-6868. Our website is www.HydroOne.com.