X0202 3 2005-07-25 0 0001317630 ITC Holdings Corp. ITC 0001332127 Ironhill Transmission, LLC GREENBAUM, ROWE, SMITH & DAVIS, LLP P.O. BOX 5600, ATTN. RAYMOND FELTON WOODBRIDGE NJ 07095 0 0 1 0 0001332442 International Transmission Holdings Limited Partnership GREENBAUM, ROWE, SMITH & DAVIS, LLP P.O. BOX 5600, ATTN. RAYMOND FELTON WOODBRIDGE NJ 07095 0 0 1 0 Common Stock, without par value 29621567 I See footnotes The 29,621,567 shares in the above table reflects the 3.34-for-one stock split effected immediately prior to the completion of the ITC Holdings Corp. initial public offering. International Transmission Holdings Limited Partnership ("ITHLP") directly owns the 29,621,567 shares of the common stock reported in the above table. Ironhill Transmission, LLC is the general partner of ITHLP and, therefore, may be deemed to be the beneficial owner of the shares of common stock held by ITHLP. ________________, Manager 2005-07-25 _________________________, Manager of Ironhill Transmission, LLC, which is the General Partner of International Transmission Holdings Limited Partnership 2005-07-25