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Press Release

CLP Power Hong Kong Selects Itron and Cisco Technology for Pilot Project

LIBERTY LAKE, Wash.—November 19, 2012—Itron, Inc. (NASDAQ: ITRI) announced today that CLP Power Hong Kong Ltd (CLP Power) selected Itron's smart grid solution for its 4,500 advanced meter pilot project. Under the recently signed agreement, Itron will provide a comprehensive solution that includes Itron smart meters,data collection software, meter data management software, Itron Cellular Solutions and Cisco's Connected Grid Routers (CGRs), as well as Connected Grid Network Management System (CG-NMS).

"I'm confident that the architecture from Itron and Cisco will provide a flexible platform for CLP Power's future initiatives," said Alan White, vice president of Itron Energy Group, Asia Pacific. "We're looking forward to helping CLP Power achieve its goals and vision for smart energy delivery."

The pilot system will demonstrate the full spectrum of advanced capabilities using Itron's single and three-phase meters that will be deployed under the smart grid network architecture.

"CLP Power has an outstanding record as a world-class provider of reliable power and customer service," said Lionel Chocron, general manager, Cisco Connected Energy Networks business unit. "Cisco is proud to be part of this innovative pilot and looks forward to helping them demonstrate the value of the network."

About Cisco
Cisco, the worldwide leader in networking, is helping the energy industry modernize the electrical grid from generation to distribution to consumption - with highly secure, reliable and scalable communications solutions. The Cisco Connected Grid solutions include: Transmission and Substation, Field Area Network, Grid Security, Data Center and Grid Operations. To learn more, please visit www.cisco.com/go/utilities.

About CLP Power Hong Kong
CLP Power Hong Kong Limited (“CLP Power”) is the Hong Kong utility subsidiary wholly owned by CLP Holdings Limited, a company listed on the Hong Kong Stock Exchange and one of the largest investor-owned power businesses in Asia. CLP Power operates a vertically integrated electricity supply business in Hong Kong, and provides a highly reliable supply of electricity and excellent customer services to 5.7 million people in its supply area.


About Itron

Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure services to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.

Itron® and OpenWay® are registered trademarks of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.

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Alison Mallahan

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(509) 891-3802