Brookfield Power

POTSDAM, New York (March 7, 2006) – Brookfield Power reported that it recently donated $3,000 to The Adirondack Museum, Blue Mountain Lake, New York. Brookfield Power, a producer of clean, renewable energy, owns and operates 72 hydropower plants in New York State – many within the scenic Adirondack Park.

"The Adirondack Museum is very grateful to Brookfield Power for this generous operating support,” said Hillarie Logan-Dechene, The Adirondack Museum’s director of institutional advancement. “This donation allows the museum to fulfill its mission to expand public understanding of Adirondack history and the relationship between people and the Adirondack wilderness, fostering informed choices for the future. As the museum approaches its 50th anniversary, it is this type of support that will allow the museum to continue to create vibrant exhibits and public programs for the people of the Adirondack region and beyond," Logan-Dechene added.

“Brookfield Power’s support of The Adirondack Museum is an excellent way for us to convey our deep commitment to the environment, and to the communities in which we work, live and play,” said Tom Smith, general manager of Brookfield Power’s St. Lawrence operations, based in Potsdam, New York. “The Adirondack Museum’s exhibits effectively tell the story of the Adirondack region since the early 1800s, and focus on many issues that remain relevant today to Brookfield Power’s business.”

Brookfield Power owns and operates 30 hydropower plants in the St. Lawrence region, featuring 55 hydropower turbines, with a generating capacity of 223 megawatts. The St. Lawrence hydroelectric generating plants are located on five rivers throughout central New York, as far south as the Browns Falls hydropower plant in Oswegatchie, east to the Franklin plant in Bloomingdale, north to the Hogansburg hydro facility in Hogansburg, and west to Eel Weir hydropower plant in Ogdensburg.

Six million acres of Adirondack Park surround The Adirondack Museum and form the basis of the museum’s exhibits and programs. Twenty buildings on 32 acres of grounds and gardens focus on the people, environment, and history of the Adirondacks with exhibits on logging, boats and boating, mining, outdoor recreation, transportation, rustic furniture, as well as on-going programs and special events that offer a variety of interesting activities for the whole family. For additional information, visit http://www.adkmuseum.org/.

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About Brookfield Power

Brookfield Power comprises the power generating, transmission, distribution and marketing operations of Brookfield Asset Management. Brookfield Power has developed and successfully operated hydroelectric power facilities, primarily in North America, for almost 100 years. Brookfield Power’s portfolio comprises almost 3,500 megawatts of capacity and includes 135 hydroelectric power generating stations located on 48 river systems, 2 co-generation facilities and transmission and distribution assets, principally in the northeast North America. (See www.brookfieldpower.com for more details). Brookfield Asset Management Inc. is an asset manager. Focused on property, power and infrastructure assets, the company has approximately US$50 billion of assets under management and is co-listed on the New York and Toronto Stock Exchanges under the symbol BAM. (See www.brookfield.com for more details).

Lela R. Katzman
Full Spectrum Communications
Tel: (518) 785-4416
Email: fsclela@nycap.rr.com

Hillarie Logan-Dechene
The Adirondack Museum
Tel: (518) 352-7311, ext. 113
Email: hlogan@adkmuseum.org

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