Thomas N. May to Leave Calpine Corporation



    SAN JOSE, Calif. and HOUSTON, Aug. 24 /CNW/ -- Calpine Corporation (OTC
Pink Sheets:   CPNLQ) today announced that Thomas N. May, Executive Vice
President, Commercial Operations, is leaving the company to pursue other
business opportunities.  Todd Filsinger will immediately assume the position
of Interim Executive Vice President, Commercial Operations.  Mr. May will be
available through the middle of September to ensure a smooth transition.
    "Tom played an integral role in re-energizing our commercial operations
team and has brought very talented individuals into our organization," said
Robert P. May, Chief Executive Officer.  "We wish Tom much success with his
new opportunities."
    Todd Filsinger, Managing Partner with PA Consulting Group, has experience
in the electric utility industry spanning over 20 years.  He has engaged with
major merchant sector utilities to include restructuring, financing and
evaluation of generation, distribution and transmission properties, and the
development of critical commercial strategies for growth and development.
    In addition to the interim Calpine role, Mr. Filsinger will retain his
current responsibilities as a member of PA's Management Group and as the Head
of the Global Energy Practice.
    Calpine Corporation is helping meet the needs of an economy that demands
more and cleaner sources of electricity.  Founded in 1984, Calpine is a major
U.S. power company, capable of delivering more than 24,500 megawatts of clean,
cost-effective, reliable and fuel-efficient electricity to customers and
communities in 18 states in the U.S.  The company owns, leases and operates
low-carbon, natural gas-fired and renewable geothermal power plants.  Using
advanced technologies, Calpine generates electricity in a reliable and
environmentally responsible manner for the customers and communities it
serves.  Please visit http://www.calpine.com for more information.




For further information:

For further information: Media, Mel Scott, +1-713-570-4553, 
scottm@calpine.com, or investors, Karen Bunton, +1-408-792-1121, 
karenb@calpine.com, both of Calpine Corporation Web Site:
http://www.calpine.com

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CALPINE CORPORATION

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