Nashville Electric Service Selects PeopleSoft Human Capital Management

Time and Labor Solution to Improve Employee Pay Process

PLEASANTON, Calif.--(BUSINESS WIRE)--July 29, 2003--PeopleSoft Inc. (Nasdaq:PSFT) today announced that in the second quarter of 2003, Nashville Electric Service selected PeopleSoft's industry-leading Time and Labor application, further extending its existing PeopleSoft Human Capital Management (HCM) solution. PeopleSoft Time and Labor will enable Nashville Electric Service to streamline its time entry and payroll processes, resulting in more accurate and on time pay for employees.

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"We selected PeopleSoft's Time and Labor application to take advantage of the integration with our existing HR and Payroll systems," said Vic Hatridge, chief information officer, Nashville Electric Service. "By leveraging PeopleSoft's Pure Internet Architecture(TM), we will be able to deploy Time and Labor to our entire workforce over the Web, helping to ensure our employees are paid accurately and on time and improving overall employee satisfaction. We know we can depend on the quality of PeopleSoft's products, ease of use and solid technology vision."

Nashville Electric Service is among the 12 largest public electric utilities in the nation, distributing energy to more than 300,000 customers in Middle Tennessee.

About PeopleSoft

PeopleSoft (Nasdaq:PSFT) is the world's leading provider of application software for the real-time enterprise. PeopleSoft pure Internet software enables organizations to reduce costs and increase productivity by directly connecting customers, suppliers, partners and employees to business processes on-line, in real time. PeopleSoft's integrated, best-in-class applications include Customer Relationship Management, Supply Chain Management, Human Capital Management, Financial Management and Application Integration. Today more than 5,200 organizations in 140 countries run on PeopleSoft software. For more information, visit us at www.peoplesoft.com.

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