DALLAS and SEATTLE — February 12, 2003 — Kinko’s, Inc. has teamed with Puget Sound Energy, Seattle City Light and Snohomish County Public Utility District (PUD) to convert some of the energy demands for Kinko’s® Puget Sound-area stores to green power.

Twenty-nine Kinko’s locations will purchase from five to 25 percent of their power in the form of renewable energy for an average of more than 626,400 kilowatt hours (kWh) annually. A purchase of this size offsets carbon dioxide (CO2) emissions as much as not driving the average car almost 940,000 miles during the same period. This is also the equivalent of planting 174 acres of trees.

Together with other agreements announced today across the U.S., Kinko’s estimated renewable power purchases now total more than 11.2 million kWh per year.

“At Kinko’s, working toward a sustainable future is one of our core values,” stated Heather Clark, operations director for Kinko’s. “Together with Puget Sound Energy, Seattle City Light and Snohomish County PUD, Kinko’s will be able to achieve lasting benefits for both our local community and the planet as a whole.”

Sixteen Kinko’s locations are buying renewable power through Puget Sound Energy’s Green Power Plan, which is supplied by the Bonneville Environmental Foundation (BEF), a non-profit organization dedicated to developing new sources of renewable energy. Participating stores are located in Bellevue, Bellingham, Federal Way, Issaquah, Kent, Kirkland, Olympia, Puyallup, Redmond, Silverdale, Tukwila and Woodinville.

“We are delighted to see Kinko’s embrace green power,” said Liz Norton, marketing manager at Puget Sound Energy. “The Kinko’s locations within our territory will add 346,800 kWh of green power to the Northwest grid annually. This commitment to building a sustainable future is an excellent model for commercial customers.”

Ten Kinko’s locations in Seattle and Shoreline have enrolled in Seattle City Light’s Green Power program, the benefits of which includes supporting the acquisition of new, local renewable energy resources such as electricity produced from solar photovoltaics, wastewater treatment facilities and landfill gas.

“Kinko’s leadership in supporting green power sets an example we hope other companies will follow,” says Gary Zarker, superintendent of Seattle City Light. “Their commitment to renewable energy is making a tremendous difference in our community and across the nation.”

Three participating locations in Bothell, Lynnwood and Everett are served by Snohomish County PUD’s Planet Power, which offers customers the opportunity to purchase 150 kilowatt-hour blocks of wind power and support renewable energy development through BEF.

“We commend Kinko’s for taking a strong leadership position in support of the environment,” said Doris Abravanel, Snohomish County PUD product manager. “They are now our biggest purchaser of Planet Power. We hope to see other businesses follow their lead.”

Kinko’s now purchases renewable power at 35 branches in 20 communities throughout Washington State, including previous agreements in Pullman, Spokane, Tacoma and Vancouver. Kinko’s made its first two renewable energy purchases in California and Pennsylvania in 1999 and now buys green power for 150 stores in 13 states. Other environmental initiatives include reducing energy use, offering recycled and alternative fiber papers, and minimizing and recycling wastes.

According to surveys of retail power purchasing trends in the Pacific Northwest by Renewable Northwest Project (RNP), green power demand in the four-state region was at 47.1 million kWh per year in 2001, and reached more than 160 million kWh in 2002.

“Purchases made by commercial customers like Kinko’s really drive the market forward, and they should be commended for taking a leadership role,” said Natalie McIntire, green power programs coordinator at RNP, a regional non-profit promoting the use of solar, wind and geothermal resources.

About Puget Sound Energy

Puget Sound Energy, a subsidiary of Puget Energy (NYSE: PSD), is an investor-owned utility with more than 1.2 million customers. As the largest utility in Washington State, PSE provides its customers with The Energy to Do Great Things by delivering electricity and natural gas.

About Seattle City Light

Seattle City Light is owned by the City of Seattle and operated for the benefit of its citizen-owners. Now the nation’s seventh largest publicly owned electric utility, Seattle City Light was established in 1910 to provide electricity for the City’s streetlights.

Its service area of 131.3 square miles includes the City of Seattle and north to the King County boundary, including the City of Shoreline and parts of Lake Forest Park, and extending south into the cities of Burien, Tukwila and SeaTac. Roughly 1,600 full-time employees serve more than 345,000 customers, and a population exceeding 680,000. City Light strives to be the most customer-focused, competitive, efficient, innovative, and environmentally responsible municipally owned utility in the U.S.

About Snohomish County PUD

Serving one of the fastest growing regions of the country, Snohomish County PUD delivers electricity and water to more than a quarter-million homes and businesses. It’s currently the second largest public utility in the Pacific Northwest and the 12th largest in the United States. For more than half a century, Snohomish County PUD has provided quality water, power and service to customers in the region.