Sept. 8, 2008

Oncor Electric Delivery Company LLC today announced today that it has closed on the sale of $1.5 billion of Senior Secured Notes with registration rights in a private placement transaction.

The $1.5 billion of Senior Secured Notes included $650 million principal amount of 5.95 percent Senior Secured Notes due 2013, $550 million principal amount of 6.80 percent Senior Secured Notes due 2018 and $300 million principal amount of 7.50 percent Senior Secured Notes due 2038. Interest on each of the series of notes accrues from the date of original issue and is payable semi-annually on March 1 and Sept. 1 of each year beginning March 1, 2009. Proceeds from the sale are expected to be used to repay loans under Oncor's short-term debt facility and for general corporate purposes. Oncor may redeem some or all of the notes at any time at the respective "make-whole" price specified in the offering memorandum.

This release does not constitute an offer to sell or the solicitation of an offer to buy securities. The offering was made only to qualified institutional buyers and to certain non-US persons under Regulation S under the Securities Act of 1933. The notes offered have not been registered under the United States federal or state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

This presentation contains forward-looking statements, which are subject to various risks and uncertainties. Discussion of risks and uncertainties that could cause actual results to differ materially from management's current projections, forecasts, estimates and expectations is contained in Oncor Electric Delivery Company LLC's filings with the Securities and Exchange Commission (SEC). Any forward-looking statement speaks only as of the date on which it is made, and the company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which it is made or to reflect the occurrence of unanticipated events.

Oncor is a regulated electric distribution and transmission business that provides reliable electricity delivery to consumers. Oncor operates the largest distribution and transmission system in Texas, providing power to 3 million electric delivery points over more than 102,000 miles of distribution and 14,000 miles of transmission lines. While Oncor is a subsidiary of Energy Future Holdings Corp., Oncoris a separate entity with a separate board that is comprised of a majority of independent directors.

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