The Maine Power Connection (MPC), a joint project of MPS and CMP, willconnect Northern Maine to the CMP and New England electric grid to provideMPS customers with access to competitive electric power markets and tosupport the development of proposed wind generation projects in AroostookCounty. Presently, MPS does not have a connection to the New England gridor adequate capacity to handle burgeoning requests for transmissionconnections from wind developers.

Brent Boyles said, "We plan to invest between $400 and $500 million tobuild a 200 mile 345 kV transmission line and related substations from theDetroit area to Northern Aroostook County. The Maine Power Connection willenable the development of wind generation projects estimated at $1.6billion, providing tremendous economic and environmental benefits toNorthern Maine and the entire region."

"We are excited to be working with Maine Public Service on such animportant project," said Sara Burns. "Creating access to renewableresources is critical to gaining control of our electricity costs here inMaine, and it's essential to reaching our environmental goals. Through thispartnership, northern Maine can be a leader in those efforts, whileexpanding their local employment and tax base."

Boyles described important public benefits of the Maine Power Connection,including:

--  Provides competitive regional electricity costs for customers in    northern Maine;--  Enhances market access for renewable energy sources, enabling 800 MW    of wind development;--  Improves system reliability for northern Maine, Maine and New England;--  Reduces carbon dioxide emissions and other pollutants;--  Reduces dependency on fossil fuels and foreign oil;--  Adds $25 to $30 million annually to local property tax revenues;--  Creates green jobs and stimulates new R&D initiatives in Aroostook    County.    

The companies plan to file the project this week with the Maine PublicUtilities Commission.

More information is available on the Maine Power Connection website atwww.mainepowerconnection.com

Contacts:       Virginia Joles  (MPS):  207-760-2418                John Carroll    (CMP):  207-629-1023                Larry Benoit    (BSGS): 207-774-1200

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, anunregulated wholly-owned US subsidiary which focuses on such areas astransmission infrastructure to support wind generation, utility assetmaintenance contracts, and other utility-related services. Corporateheadquarters are located in Presque Isle, Maine, and the corporate websiteis www.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