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Gold/Mining/Energy : CPN: Calpine Corporation
FRO 23.66-0.3%Nov 7 9:30 AM EST

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From: Clement12/10/2001 4:27:10 PM
   of 555
 
Calpine States New York Times Article Is Inaccurate and Misleading

Company to Host Conference Call to Address Article

SAN JOSE, Calif., Dec. 10 /PRNewswire/ -- Calpine Corporation (NYSE: CPN) announced it is hosting a conference call today at 1:30 p.m. PST to respond to the inaccuracies of the December 9 article published in The New York Times.

The call is available in a listen-only mode by calling 1-800-322-9079 five minutes prior to the start of the conference call. International callers should dial 1-973-872-3100. In addition, Calpine will simulcast the conference call live via the Internet. The web cast can be accessed and will be available for 30 days on the investor relations page of Calpine's website at www.calpine.com.

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tbutton.prnewswire.com SOURCE Calpine Corporation
/CONTACT: media, Bill Highlander, ext. 1244, or investors, Rick Barraza, ext.
1125, both of Calpine Corporation, +1-408-995-5115/
/Web site: calpine.com
(CPN) CO: Calpine Corporation ST: California IN: OIL UTI SU: CCA
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