SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934
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KANSAS CITY POWER AND LIGHT COMPANY
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(Name of Registrant as Specified In Its Charter)
WESTERN RESOURCES, INC.
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(Name of Person(s) Filing Proxy Statement)
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WESTERN RESOURCES COMMENTS ON LETTER TO
SECURITIES AND EXCHANGE COMMISSION
TOPEKA, Kansas, May 14, 1996 -- Western Resources today issued the
following statement based upon conversations with the staff of the Securities
and Exchange Commission:
"On May 6, 1996, Western Resources disclosed that it filed with
the Securities and Exchange Commission a letter detailing statements made by
Kansas City Power & Light Company that Western Resources believes are
misleading and requesting that the SEC investigate this matter and take
appropriate corrective actions. Western Resources' letter to the SEC, and the
disclosure of such letter, should not be viewed as any official finding by the
SEC or a court of law of securities law violations, nor should it be viewed as
indicating whether or not any investigation has been or will be initiated. It
is the understanding of Western Resources that the existence of any
investigation by the SEC is confidential and that it is the policy of the SEC
not to comment on such matters."
Western Resources (NYSE:WR) is a diversified energy company. Its
utilities, KPL and KGE, operating in Kansas and Oklahoma, provide natural gas
service to approximately 650,000 customers and electric service to
approximately 600,000 customers. Through its subsidiaries, Westar Business
Services, Westar Consumer Services, Westar Capital, and The Wing Group,
energy-related products and services are developed and marketed in the
continental U.S., and offshore. For more information about Western Resources
and its operating companies, visit us on the Internet at
http://www.wstnres.com.
Western Resources has filed exchange offer materials with the Securities and
Exchange Commission and intends to make its offer directly to shareholders of
KCPL as soon as its registration statement has been declared effective by the
Securities and Exchange Commission.
A registration statement relating to the Western Resources securities referred
to in this press release has been filed with the Securities and Exchange
Commission but has not yet become effective. Such securities may not be sold
nor may offers to buy be accepted prior to the time the registration statement
becomes effective. This press release shall not constitute an offer to sell
or the solicitation of an offer to buy nor shall there be any sale of these
securities in any state in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any such state.