Stock Ownership for Directors:

Members of the Board of Directors are required to be shareholders of DTE Energy. It is the sense of the Board that substantial stock ownership by directors is important and should be encouraged. Accordingly, approximately 50% of a director's compensation is in the form of equity. Currently, that equity is comprised of phantom shares of DTE Energy common stock, which cannot be disposed of in any manner until the director retires, and stock options.

Stock Ownership for Officers:

The DTE Energy Board of Directors established stock ownership guidelines in 2001 for senior management in order to more closely link their interests with those of our shareholders. Under these guidelines, members of our senior management are expected to own, within 5 years of their appointment to such position, shares of DTE Energy stock having a value equal to a multiple of their annual base salary as set forth below.