Chicago IL -- Nuclear power company Exelon will come under fire at next week's annual shareholder meeting from the Free Enterprise Action Fund (FEAOX), a publicly-traded mutual fund, for its cooperation with anti-nuclear activists.

Exelon has joined up with the likes of the Natural Resources Defense Council, a fierce opponent of nuclear power, to lobby for global warming regulation through the U.S. Climate Action Partnership (USCAP). While Exelon hopes that global warming regulation will increase demand for greenhouse gas-free nuclear power, NRDC has condemned nuclear power has "dangerous and expensive."

"Exelon is sleeping with the enemy on nuclear power," says FEAOX's Steve Milloy. "NRDC is leading Exelon down the garden path and corporate management is apparently not smart enough to pick up on this," Milloy added.

Moreover, it's clear from the anti-energy advocacy of NRDC and the other USCAP-member environmental activist groups that the corporate resources and reputation of Exelon are simply being used by the activists to throw U.S. energy supply into chaos.

"We are concerned that Exelon is helping environmental activists drive the company, nuclear power and the U.S economy into a ditch, Milloy said. Not only is Exelon's management foolishly risking shareholder value it's also putting U.S. national security at risk -- something that Exelon directors, including former Homeland Security director Tom Ridge, ought to be concerned about.

The Exelon shareholder meeting will be held on Tuesday, April 29, 2008 ay 9:30am at the Chase Bank Auditorium, 10 South Dearborn Street, Chicago, IL.

-30-