The Maine Power Connection, a joint project of MPS and CMP, commenced witha feasibility study in March of 2007 in response to concerns over the lackof electric power competition in northern Maine. In 2006 the Maine PublicUtilities Commission's standard offer solicitation attracted only one bid.Also, MPS has received connection requests to provide transmission servicefor more than 800 MW (megawatts) of proposed wind generation projects inAroostook County. Presently, MPS does not have adequate transmissioncapacity to handle all of these requests.

Brent Boyles, President and CEO of Maine Public Service, said, "Based onthe preliminary findings of our feasibility study, we are moving ahead witha more detailed analysis of a possible 345 kV transmission line fromLimestone to the Detroit area, where it would connect to the CMP system andthe New England grid. We are evaluating the use of existing transmissioncorridors between Houlton and Hayesville and possible new routes betweenthe Detroit area and Chester, and between Houlton and Limestone. Also, wewill continue to analyze the feasibility of a third 345 kV interconnectwith eastern Canada."

"We are excited to be working with Maine Public Service on such animportant project," said Sara Burns, President of CMP. "Creating access torenewable resources is critical to gaining control of our electricity costshere in Maine, and it's essential to reaching our environmental goals.Through this partnership, northern Maine can be a leader in those efforts,while expanding their local employment and tax base."

Boyles added, "The Maine Power Connection provides competitive regionalelectricity costs for customers in northern Maine, enhances market accessfor renewable energy sources, allowing up to 800 MW of wind development;improves system reliability for northern Maine, Maine and New England;reduces carbon dioxide emissions and other pollutants; enhances State andlocal tax bases; creates green jobs, stimulates new R&D initiatives andprovides more than $1 billion in potential energy investment."

The MPC feasibility study is divided into three phases:   -- Phase 1:  Interconnect MPS territory to the New England electric grid   -- Phase 2:  Interconnect MPS, plus 800 MW proposed wind projects   -- Phase 3:  New northern Maine interconnect with eastern CanadaThe study reached the following preliminary conclusions:Phase 1:   -- 138 kV interconnection would be sufficient to connect existing MPS      system with the New England grid at estimated cost of $40 million   -- Not economically feasible if MPS ratepayers fund the project --      costs outweigh the potential economic benefits to MPS ratepayersPhase 2:   -- MPS currently has transmission interconnection requests for more      than 800 MW of potential wind generation projects   -- New transmission capacity will support major wind development in      Aroostook County   -- Connecting MPS to the New England grid with a 345 kV transmission      line will support wind generation projects and be economically      feasible with the participation of ISO-NE and its member utilitiesPhase 3:   -- A third Canadian interconnect merits further investigation   -- May provide access to additional renewable energy resources

CMP and MPS expect to complete the Phase 2 feasibility study by the Summerof 2008.

More information and a slide presentation outlining preliminary projectparticipants are available on the Maine Power Connection website atwww.mainepowerconnection.com.

About Maine Public Service Company:

Maine Public Service Company, a subsidiary of Maine & Maritimes Corporation(AMEX: MAM) is a regulated electric transmission and distribution utilityserving approximately 36,000 electricity customer accounts in northernMaine. MAM is also the parent company of MAM Utility Services Group, anunregulatedwholly-owned US subsidiary which focuses on such areas as transmissioninfrastructure to support wind generation, utility asset maintenancecontracts, and other utility-related services. Corporate headquarters arelocated in Presque Isle, Maine, and the corporate website iswww.maineandmaritimes.com.

About Central Maine Power Company:

Central Maine Power, a subsidiary of Energy East Corporation (NYSE: EAS), aregulated electric transmission and distribution utility, operates morethan 25,000 miles of power lines and other facilities that deliverelectricity to 600,000 electricity customers in Maine. The corporatewebsite is: www.cmpco.com.

Cautionary Statement Regarding Forward-Looking Information:

Except for historical information, all other information provided in thisnews release consists of "forward-looking statements" within the meaning ofthe Private Securities Litigation Reform Act of 1935. Although Maine &Maritimes Corporation believes that such statements are based on reasonableassumptions, any such statements involve uncertainties and risks that maycause actual results to differ materially from those projected,anticipated, or implied. MAM cautions that there are certain factors thatcan cause actual results to differ materially from forward-lookinginformation that has been provided, including, without limitation,potential changes in applicable laws and regulations, potential changes inManagement, its ability to raise necessary operating and growth capital,increased interest costs, its ability to execute its business plans in atimely and efficient manner, the loss of customers and other factors thatare more detailed in MAM's filings with the Securities and ExchangeCommission.

MAM-G = General Releases