A service of UWUA Local 369 for shareholders and others concerned about runaway executive pay at Entergy Corporation

A shareholder reform proposal submitted by Utility Workers Union of America Local 369 to Entergy Corp. won 43.4% approval from shareholders at the company's May 2, 2008, annual meeting.

The Union's proposal called for an advisory shareholder vote at every annual meeting to ratify the compensation awarded to the Company's top executive officers. Based on this strong show of support from shareholders for the resolution, the Union plans to introduce the resolution again for Entergy's 209 annual meeting.

We believe that a shareholder vote each year on executive compensation would give investors a powerful vehicle to voice their concerns about executive pay at the Company, and would also encourage the directors to begin to rein in excessive compensation for top officers.

Please read on for more information about this proposal.