Exhibit 10.47

Base Salaries for Named Executive Officers

In December 2006, the base salary increases for executive officers for 2007 were
approved. The 2007 salaries for LG&E’s named executive officers are as follows:

Officer Name

 

 

 

2007 Base
Salary

 

Hermann, Chris

 

$

295,400

 

 

 

 

 

McCall, John R.

 

$

460,200

 

 

 

 

 

Rives, S. Bradford

 

$

375,400

 

 

 

 

 

Thompson, Paul W.

 

$

350,400

 

 

 

 

 

Staffieri, Victor A.

 

$

757,300

 

 

The salary increases were effective January 1, 2007.

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