Gregory E. Abel Named Chief Executive Officer of MidAmerican Energy Holdings Company

DES MOINES, Iowa--(BUSINESS WIRE)--Gregory E. Abel will become the chief executive officer of MidAmerican Energy Holdings Company at the company’s April 16, 2008, board of directors meeting. David L. Sokol will continue to serve as the chairman of the board of MidAmerican.

“Greg Abel and I have worked together for more than fifteen years. Greg is one of the finest executives in our industry, and he has the full confidence of Walter Scott, Jr., Warren Buffett and I”

Abel currently serves as president of MidAmerican Energy Holdings Company, based in Des Moines, Iowa. He serves as chairman and chief executive officer of PacifiCorp, which provides electric service to six western states and approximately 1.7 million customers; chief executive officer of CE Electric UK, which distributes electricity to approximately 3.7 million customers in England; and chief executive of MidAmerican Energy Company, which provides natural gas and electricity to 1.4 million customers in the Midwestern United States. Abel is a director of Kern River Gas Transmission Company and Northern Natural Gas Company, the interstate natural gas pipeline businesses owned by MidAmerican. He will continue in his current roles and assume the responsibilities of chief executive officer for MidAmerican. Abel is a shareholder and serves as a director of MidAmerican Energy Holdings Company.

“Greg Abel and I have worked together for more than fifteen years. Greg is one of the finest executives in our industry, and he has the full confidence of Walter Scott, Jr., Warren Buffett and I,” said David Sokol. “Much of MidAmerican’s success to date is due to Greg’s efforts. We are fortunate to have a leader of Greg’s caliber as our partner.”

About MidAmerican Energy Holdings Company

MidAmerican Energy Holdings Company, based in Des Moines, Iowa, is a global provider of energy services. Through its energy-related business platforms – PacifiCorp, MidAmerican Energy Company, CE Electric UK, Kern River Gas Transmission Company, Northern Natural Gas Company and CalEnergy – MidAmerican provides electric and natural gas service to more than 6.9 million customers worldwide. Information on MidAmerican is available on the Internet at www.midamerican.com.