<SEC-DOCUMENT>0001003297-14-000248.txt : 20140512
<SEC-HEADER>0001003297-14-000248.hdr.sgml : 20140512
<ACCEPTANCE-DATETIME>20140512170357
ACCESSION NUMBER:		0001003297-14-000248
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20140509
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20140512
DATE AS OF CHANGE:		20140512

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTEGRATED ELECTRICAL SERVICES INC
		CENTRAL INDEX KEY:			0001048268
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRICAL WORK [1731]
		IRS NUMBER:				760542208
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13783
		FILM NUMBER:		14834201

	BUSINESS ADDRESS:	
		STREET 1:		5433 WESTHEIMER
		STREET 2:		SUITE 500
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77056
		BUSINESS PHONE:		7138601500

	MAIL ADDRESS:	
		STREET 1:		5433 WESTHEIMER
		STREET 2:		SUITE 500
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77056
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>esies8k.htm
<TEXT>
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<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-top:4.0pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b><font size="5">SECURITIES
AND EXCHANGE COMMISSION </font></b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'><b><font size="5">WASHINGTON, D.C. 20549
</font></b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-top:12.0pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b><font size="5">FORM
8-K </font></b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-top:12.0pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b><font size="4">Current
Report </font></b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-top:12.0pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b>Pursuant
to Section&nbsp;13 or 15(d) of the </b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-top:14.0pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b>Securities
Exchange Act of 1934 </b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-top:12.0pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b>Date
of Report (Date of earliest event reported): May 9, 2014</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-top:12.0pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b><font size="6">Integrated
Electrical Services, Inc. </font></b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'><b>(Exact name of registrant as specified
in Charter) </b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>
<div align=center>
	<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%;border-collapse:collapse'>
		<tr>
			<td width="34%" style='width:34.0%;padding:0in 0in 0in 0in'></td>
			<td valign=bottom style='padding:0in 0in 0in 0in'></td>
			<td width="32%" style='width:32.0%;padding:0in 0in 0in 0in'></td>
			<td width="1%" valign=bottom style='width:1.0%;padding:0in 0in 0in 0in'>
			</td>
			<td width="32%" style='width:32.0%;padding:0in 0in 0in 0in'></td>
		</tr>
		<tr>
			<td valign=top style='padding:0in 0in 0in 0in'>
			<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
  text-align:center;line-height:normal'><b>Delaware</b></p></td>
			<td valign=bottom style='padding:0in 0in 0in 0in'>
			<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p></td>
			<td valign=top style='padding:0in 0in 0in 0in'>
			<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
  text-align:center;line-height:normal'><b>001-13783</b></p></td>
			<td valign=bottom style='padding:0in 0in 0in 0in'>
			<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p></td>
			<td valign=top style='padding:0in 0in 0in 0in'>
			<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
  text-align:center;line-height:normal'><b>76-0542208</b></p></td>
		</tr>
		<tr>
			<td valign=top style='padding:0in 0in 0in 0in'>
			<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
  text-align:center;line-height:normal'><b>(State or Other Jurisdiction</b></p>
			<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:1.0pt;text-align:center;
  line-height:normal'><b>of
  Incorporation)</b></p></td>
			<td valign=bottom style='padding:0in 0in 0in 0in'>
			<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p></td>
			<td valign=top style='padding:0in 0in 0in 0in'>
			<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
  text-align:center;line-height:normal'><b>(Commission</b></p>
			<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:1.0pt;text-align:center;
  line-height:normal'><b>File
  Number)</b></p></td>
			<td valign=bottom style='padding:0in 0in 0in 0in'>
			<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p></td>
			<td valign=top style='padding:0in 0in 0in 0in'>
			<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
  text-align:center;line-height:normal'><b>(I.R.S. Employer</b></p>
			<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:1.0pt;text-align:center;
  line-height:normal'><b>Identification
  Number)</b></p></td>
		</tr>
	</table></div>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-top:12.0pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b>5433
Westheimer Road, Suite 500, Houston, Texas 77056 </b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'><b>(Address of Principal Executive Offices)
</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-top:12.0pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b>Registrant&#146;s
telephone number, including area code: (713)&nbsp;860-1500 </b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:0in;margin-bottom:.0001pt;line-height:normal'>Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below): </p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%;border-collapse:collapse'>
	<tr>
		<td width="4%" valign=top style='width:4.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Wingdings";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&#111;</p></td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>Written
  communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
		</p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%;border-collapse:collapse'>
	<tr>
		<td width="4%" valign=top style='width:4.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Wingdings";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&#111;</p></td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>Soliciting
  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
		</p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%;border-collapse:collapse'>
	<tr>
		<td width="4%" valign=top style='width:4.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Wingdings";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&#111;</p></td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>Pre-commencement
  communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
  240.14d-2 (b)) </p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%;border-collapse:collapse'>
	<tr>
		<td width="4%" valign=top style='width:4.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Wingdings";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&#111;</p></td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>Pre-commencement
  communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
  240.13e-4 (c)) </p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>
<div style='border:none;border-bottom:solid black 1.0pt;padding:0in 0in 0in 0in'>
	<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;border:none;
padding:0in'>&nbsp;</p>
	<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:2.0pt;border:none;padding:0in'>&nbsp;</p>
</div>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>
<p style="page-break-after: always"></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="90%"
 style='width:90.0%'>
	<tr>
		<td width=154 valign=top style='width:115.5pt;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'><b>Item
  2.02.</b></p></td>
		<td width="89%" valign=top style='width:89.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'><b>Results
  of Operations and Financial Condition.</b></p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'><b>&nbsp;</b></p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="90%"
 style='width:90.0%;background:white'>
	<tr>
		<td width="11%" style='width:11.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;text-align:
  justify;line-height:normal'>&nbsp;</p></td>
		<td width="89%" style='width:89.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;text-align:
  justify;line-height:normal'>On May 9, 2014, Integrated Electrical Services, Inc. issued a
  press release announcing its results of operations for the fiscal 2014 second
  quarter, a copy of which is furnished with this report as Exhibit 99.1 and is
  incorporated herein by reference.</p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;text-indent:
..5in;line-height:normal'><b>&nbsp;</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;text-align:
justify;line-height:normal'><b>&nbsp;</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;text-align:
justify;line-height:normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="90%"
 style='width:90.0%'>
	<tr>
		<td width=154 valign=top style='width:115.5pt;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'><b>Item
  9.01.</b></p></td>
		<td width="89%" valign=top style='width:89.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'><b>Financial
  Statements and Exhibits.</b></p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'><b>&nbsp;</b></p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="90%"
 style='width:90.0%; border-bottom-width:0px'>
	<tr>
		<td width="11%" valign=top style='width:11.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p></td>
		<td width="3%" valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; width:3.0%;border-bottom:medium none windowtext;
  padding:0in; '>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>(d)&nbsp;</p></td>
		<td width="86%" valign=top style='width:86.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>Exhibits.</p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="90%"
 style='width:90.0%'>
	<tr>
		<td width="11%" valign=top style='width:11.0%;border:none;border-bottom:solid black 1.0pt;
  padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'><b>Exhibit
  No.</b></p></td>
		<td width="3%" valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; width:3.0%;border-bottom:medium none windowtext;
  padding:0in; '>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'><b>&nbsp;</b></p></td>
		<td width="86%" valign=top style='width:86.0%;border:none;border-bottom:solid black 1.0pt;
  padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'><b>Description&nbsp;</b></p></td>
	</tr>
	<tr>
		<td width="11%" valign=top style='width:11.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-top:0in;margin-right:0in;margin-bottom:0in;
  margin-left:27.0pt;margin-bottom:.0001pt;line-height:normal'>99.1</p></td>
		<td width="3%" valign=top style='width:3.0%;padding:0in; ; border-top-style:none; border-top-width:medium'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p></td>
		<td width="86%" valign=top style='width:86.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>Press
  release dated&nbsp;May 9, 2014</p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'><b>&nbsp;</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'><b>&nbsp;</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>&nbsp;</p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>&nbsp;</p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'><b>SIGNATURES</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'><b>&nbsp;</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;text-indent:
..5in;line-height:normal'>Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.</p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'><b>&nbsp;</b></p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%;background:white'>
	<tr>
		<td width="50%" style='width:50.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p></td>
		<td width="50%" style='width:50.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;<b>INTEGRATED
  ELECTRICAL SERVICES, INC.</b></p></td>
	</tr>
	<tr>
		<td width="50%" style='width:50.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p></td>
		<td width="50%" style='width:50.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p></td>
	</tr>
	<tr>
		<td width="50%" style='width:50.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p></td>
		<td width="50%" style='width:50.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p></td>
	</tr>
	<tr>
		<td width="50%" style='width:50.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;Date:&nbsp;&nbsp;May
  		12, 2014</p></td>
		<td width="50%" style='width:50.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'><i><u>&nbsp;/s/
  Gail D. Makode</u></i></p></td>
	</tr>
	<tr>
		<td width="50%" style='width:50.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p></td>
		<td width="50%" style='width:50.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;&nbsp;&nbsp;Gail
  D. Makode</p></td>
	</tr>
	<tr>
		<td width="50%" style='width:50.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p></td>
		<td width="50%" style='width:50.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;&nbsp;&nbsp;Senior
  Vice President and General Counsel</p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'><b>&nbsp;</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'><b>&nbsp;</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'><b>&nbsp;&nbsp;</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'><b>&nbsp;</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'><b>&nbsp;</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'><b>EXHIBIT INDEX</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'><b>&nbsp;</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'><b>&nbsp;</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'><b>&nbsp;</b></p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="90%"
 style='width:90.0%'>
	<tr>
		<td width="11%" valign=top style='width:11.0%;border:none;border-bottom:solid black 1.0pt;
  padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'><b>Exhibit
  No.</b></p></td>
		<td width="3%" valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; width:3.0%;border-bottom:medium none windowtext;
  padding:0in; '>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'><b>&nbsp;</b></p></td>
		<td width="86%" valign=top style='width:86.0%;border:none;border-bottom:solid black 1.0pt;
  padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'><b>Description&nbsp;</b></p></td>
	</tr>
	<tr>
		<td width="11%" valign=top style='width:11.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-top:0in;margin-right:0in;margin-bottom:0in;
  margin-left:27.0pt;margin-bottom:.0001pt;line-height:normal'>99.1</p></td>
		<td width="3%" valign=top style='width:3.0%;padding:0in; ; border-top-style:none; border-top-width:medium'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p></td>
		<td width="86%" valign=top style='width:86.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>Press
  release&nbsp;dated May 9, 2014</p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'><b>&nbsp;</b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:right;line-height:normal'><b>&nbsp;</b></p>

</body>

</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>exhibit99.htm
<TEXT>

<html><head><title>Exhibit 99</title></head><body>
<p align="right">EXHIBIT 99.1</p>
<p style='mso-style-name:Normal_0;margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";margin-left:351.0pt;text-align:justify'>&nbsp;</p>
<p style='mso-style-name:Normal_0;margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";margin-left:351.0pt;text-align:justify'>&nbsp;</p>

<p style='mso-style-name:Normal_0;margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";margin-left:4.5pt;text-align:justify'>
<img border="0" src="ieslogo.jpg" width="170" height="72"></p>

<div align="right">
	<table border="0" width="40%" cellspacing="3" cellpadding="0">
		<tr>
			<td>

<p style='mso-style-name:Normal_0;margin-bottom:0;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:justify; margin-right:0in; margin-top:0in'>&nbsp;</p>

			</td>
		</tr>
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			<td>

<p style='mso-style-name:Normal_0;margin-bottom:0;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:justify; margin-right:0in; margin-top:0in'><font style="font-size: 10.0pt">Contacts: Robert Lewey, CFO </font></p>

			</td>
		</tr>
		<tr>
			<td>

<p style='mso-style-name:Normal_0;margin-bottom:0;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:justify; margin-right:0in; margin-top:0in'><font style="font-size: 10.0pt">Integrated Electrical Services, Inc.</font></p>

			</td>
		</tr>
		<tr>
			<td>

<p style='mso-style-name:Normal_0;margin-bottom:0;font-family:"Times New Roman","serif";margin-right:0in; margin-top:0in'>
<font size="2">713-860-1500&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font> </p>

			</td>
		</tr>
	</table>
</div>

<p style='mso-style-name:Normal_0;margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";margin-top:0in;margin-right:-.75in;margin-bottom:0in;
margin-left:351.0pt;margin-bottom:.0001pt'>

<p style='mso-style-name:Normal_1;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:left; margin-left:0in; margin-right:0in; margin-top:0in'>
<b>FOR IMMEDIATE
    RELEASE</b></p>
<p style='mso-style-name:Normal_1;margin:0in;margin-bottom:.0001pt;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:center'>&nbsp;</p>&nbsp;<p>

<font style="font-size: 10.0pt">&nbsp;</font></p>
<h3 align="center"><font size="5">Integrated Electrical Services Reports <br>
Fiscal 2014 Second Quarter Results</font></h3><p align="justify">&nbsp;&nbsp;&nbsp; HOUSTON, May
9, 2014 (GLOBE NEWSWIRE) -- Integrated Electrical Services, Inc. (or "IES") (Nasdaq:IESC) today announced financial results for its fiscal 2014 second quarter.</p>
<p align="justify">
	<strong>SECOND QUARTER AND YEAR-TO-DATE 2014 FINANCIAL HIGHLIGHTS </strong></p><ul>
	<li>
		<p align="justify">Operating cash flow of $4.8 million for the second quarter of 2014, an increase of $7.0 million from the second quarter of 2013</li>
	<li>
		<p align="justify">Revenue of $120.3 million for the second quarter of 2014, a decrease of 1.4% compared with the second quarter of 2013, and revenue of $240.3 million for the year-to-date 2014, a decrease of 3.6% compared with the year-to-date 2013</li>
	<li>
		<p align="justify">Gross profit of $20.0 million for the second quarter of 2014, an improvement of $4.0 million compared with the second quarter of 2013; Gross margins for the quarter improved to 16.7% of revenue as compared to gross margins of 13.1% of revenue for the second quarter of 2013</li>
	<li>
		<p align="justify">Net income per share from continuing operations of $0.02 per share for the second quarter of 2014</li>
	<li>
		<p align="justify">Adjusted earnings per share from continuing operations (a non-GAAP financial measure, as defined below) of $0.05 per share for the second quarter of 2014</li>
	<li>
		<p align="justify">Adjusted EBITDA (a non-GAAP financial measure, as defined below) of $1.9 million for the second quarter of 2014, an increase of $0.7 million compared with the second quarter of 2013</li>
	<li>
		<p align="justify">Backlog was approximately $219 million at March 31, 2014, a $5 million increase from December 31, 2013</li>
</ul><hr><p style="page-break-after: always"></p>
<p>&nbsp;</p>
<p align="justify">
	<strong>MANAGEMENT COMMENTARY</strong></p><p align="justify">
	James Lindstrom, Chairman and Chief Executive Officer, stated, "IES is off to a solid start in 2014, and we are pleased that we were profitable during the quarter compared to prior, seasonally slow second quarters. Bookings, particularly in our Communications segment, were strong and have us well positioned for the remainder of 2014.</p>
<p align="justify">
	Lastly, we remain focused, but selective, on finding outstanding acquisition candidates that not only meet our investment criteria, but also understand the value of our NOLs and the benefits of our ability to provide a permanent home for their company."</p>
<p align="justify">
	Robert Lewey, IES' Chief Financial Officer, added, "While our increase in gross margins was partially offset by an increase in selling, general and administrative costs during the second quarter, these costs resulted primarily from a temporary increase in various personnel costs, and we anticipate that selling, general and administrative costs will decrease in future quarters."</p>
<p align="justify">
	<strong>NET OPERATING LOSS (NOL)</strong></p><p align="justify">
	The Company estimates that it has available NOL carryforwards for U.S. federal income tax purposes of approximately $466 million at September 30, 2013. The Company's common stock is subject to a Rights Plan dated January 28, 2013 intended to assist in limiting the number of 5% or more owners and thus reduce the risk of a possible "change of ownership" under Section 382 of the Internal Revenue Code. Any such "change of ownership" under these rules would limit or eliminate the ability of the Company to use its existing NOLs for federal income tax purposes. There is no guaranty, however, that the Rights Plan will achieve the objective of preserving the value or realization of the NOLs.</p>
<p>
	&nbsp;</p><hr><p style="page-break-after: always"></p>
<p>
	&nbsp;</p><p align="justify">
	<strong>NON-GAAP FINANCIAL MEASURES AND OTHER ADJUSTMENTS</strong></p>
<p align="justify">
	This press release includes certain financial measures that are not calculated in accordance with generally accepted accounting principles in the U.S. ("GAAP"). Management believes that these measures provide useful information to our investors by reflecting additional ways to view aspects of the Company's operations that, when reconciled to the corresponding GAAP measures, help our investors to better identify underlying trends in our business and facilitate easier comparisons of our financial performance with prior and future periods and to our peers. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information calculated in accordance with GAAP. Investors are encouraged to review the reconciliation of these non-GAAP measures to their most directly comparable GAAP financial measures.&nbsp;A reconciliation of the non-GAAP financial measures presented above to GAAP results has been provided in the financial tables included in this press release.&nbsp;</p>
<p align="justify">
	For further details on the Company's financial results, please refer to the Company's annual report on Form 10-K for the fiscal year ended September 30, 2013 and quarterly report on Form 10-Q for the period ended March 31, 2014, to be filed with the Securities and Exchange Commission by May 9, 2014, and any amendments thereto.</p>
<p align="justify">
	<strong>ABOUT INTEGRATED ELECTRICAL SERVICES, INC.</strong></p>
<p align="justify">
	Integrated Electrical Services, Inc. is a holding company that, with the completion of the MISCOR acquisition, owns and manages diverse operating subsidiaries, comprised of providers of industrial products and infrastructure services to a variety of end markets. Our 2,500 employees serve clients in the United States and abroad. For more information about IES, please visit www.ies-corporate.com.</p>
<p>
	&nbsp;</p><hr><p style="page-break-after: always"></p>
<p>
	&nbsp;</p><p align="justify">
	<i>Certain statements in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, all of which are based upon various estimates and assumptions that the Company believes to be reasonable as of the date hereof. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "could," "should," "expect," "plan," "project," "intend," "anticipate," "believe," "seek," "estimate," "predict," "potential," "pursue," "target," "continue," the negative of such terms or other comparable terminology. These statements involve risks and uncertainties that could cause the Company's actual future outcomes to differ materially from those set forth in such statements. Such risks and uncertainties include, but are not limited to, the ability of our controlling shareholder to take action not aligned with other shareholders; the sale or disposition of the shares of our common stock held by our majority shareholder, which, under certain circumstances, would trigger change of control provisions in our severance plan or financing and surety arrangements; the possibility that certain tax benefits of our net operating losses may be restricted or reduced in a change in ownership; limitations on the availability of sufficient credit or cash flow to fund our working capital needs, capital expenditures and debt service; difficulty in fulfilling the covenant terms of our credit facilities; competition in our respective industries, both from third parties and former employees, which could result in the loss of one or more customers or lead to lower margins on new projects; the inability to achieve, or difficulties and delays in achieving potential benefits of the acquisition of MISCOR Group, Ltd.; challenges integrating other new businesses into the Company or new types of work, products or processes into our divisions; fluctuations in operating activity due to downturns in levels of construction, seasonality and differing regional economic conditions; a general reduction in the demand for our services; a change in the mix of our customers, contracts and business; our ability to successfully manage projects; possibility of errors when estimating revenue and progress to date on percentage-of-completion contracts; additional closures or sales of facilities could result in significant future charges and a significant disruption of our operations; inaccurate estimates used when entering into fixed-priced contracts; the cost and availability of qualified labor; increased cost of surety bonds affecting margins on work and the potential for our surety providers to refuse bonding or require additional collateral at their discretion; increases in bad debt expense and days sales outstanding due to liquidity problems faced by our customers; the recognition of potential goodwill, long-lived assets and other investment impairments; credit and capital market conditions, including changes in interest rates that affect the cost of construction financing and mortgages, and the inability for some of our customers to retain sufficient financing which could lead to project delays or cancellations; accidents resulting from the physical hazards associated with our work and the potential for accidents; our ability to pass along increases in the cost of commodities used in our business, in particular, copper, aluminum, steel, fuel and certain plastics; potential supply chain disruptions due to credit or liquidity problems faced by our suppliers; loss of key personnel and effective transition of new management; success in transferring, renewing and obtaining electrical and construction licenses; uncertainties inherent in estimating future operating results, including revenues, operating income or cash flow; disagreements with taxing authorities with regard to tax positions we have adopted; the recognition of tax benefits related to uncertain tax positions; complications associated with the incorporation of new accounting, control and operating procedures; the financial impact of new or proposed accounting regulations; the effect of litigation, claims and contingencies, including warranty losses, damages or other latent defect claims in excess of our existing reserves and accruals; warranty losses or other unexpected liabilities stemming from former divisions which we have sold or closed; growth in latent defect litigation in states where we provide residential electrical work for home builders not otherwise covered by insurance; changes in the assumptions made regarding future events used to value our stock options and performance-based stock awards; the ability of IES to enter into, and the terms of, future contracts; the inability to carry out plans and strategies as expected; future capital expenditures and refurbishment, repair and upgrade costs; delays in refurbishment and upgrade projects; and liabilities under laws and regulations protecting the environment. </i></p>
<p align="justify">
	<i>You should understand that the foregoing, as well as other risk factors discussed in this document and in the Company's annual report on Form 10-K for the year ended September 30, 2013, could cause future outcomes to differ materially from those expressed in such forward-looking statements. The Company undertakes no obligation to publicly update or revise any information, including information concerning its controlling shareholder, net operating losses, borrowing availability, or cash position, or any forward-looking statements to reflect events or circumstances that may arise after the date of this release.</i></p>
<p align="justify">
	<i>Forward-looking statements are provided in this press release pursuant to the safe harbor established under the private Securities Litigation Reform Act of 1995 and should be evaluated in the context of the estimates, assumptions, uncertainties, and risks described herein.</i></p>
<p align="justify">
	<i>General information about Integrated Electrical Services, Inc. can be found at http://www.ies-corporate.com under "Investors." The Company's annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, as well as any amendments to those reports, are available free of charge through the Company's website as soon as reasonably practicable after they are filed with, or furnished to, the SEC.</i></p>
<p>
	&nbsp;</p><hr><p style="page-break-after: always"></p>

<table cellpadding="0" cellspacing="6" style=" border-collapse: separate; border-spacing: 6px " width="100%">
	<tr>
		<td colspan="5" style="font: 12px Arial; text-align: center">
		<font face="Times New Roman" size="2"><strong>INTEGRATED ELECTRICAL SERVICES, INC. AND SUBSIDIARIES</strong></font></td>
	</tr>
	<tr>
		<td colspan="5" style="font: 12px Arial; text-align: center">
		<font face="Times New Roman" size="2"><strong>CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS</strong></font></td>
	</tr>
	<tr>
		<td colspan="5" style="font: 12px Arial; text-align: center">
		<font face="Times New Roman" size="2"><strong>(DOLLARS IN MILLIONS, EXCEPT PER SHARE DATA)</strong></font></td>
	</tr>
	<tr>
		<td colspan="5" style="font: 12px Arial; text-align: center">
		<font face="Times New Roman" size="2"><strong>(UNAUDITED)</strong></font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">Three Months Ended March 31,</font></td>
		<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">Six Months Ended March 31,</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">2014</font></td>
		<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">2013</font></td>
		<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">2014</font></td>
		<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">2013</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td>&nbsp;</td>
		<td>&nbsp;</td>
		<td>&nbsp;</td>
		<td>&nbsp;</td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
		<font face="Times New Roman" size="2">Revenues</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;120.3</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;122.0</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;240.3</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;249.3</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
		<font face="Times New Roman" size="2">Cost of services</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">100.2</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">106.0</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">202.2</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">215.3</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
		<font face="Times New Roman" size="2">Gross profit</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;20.0</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">16.0</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;38.1</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">34.0</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
		<font face="Times New Roman" size="2">Selling, general and administrative expenses</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">19.2</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">16.6</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">36.7</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">31.5</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
		<font face="Times New Roman" size="2">Income from operations</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;0.9</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">(0.6)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;1.5</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">2.5</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
		<font face="Times New Roman" size="2">Interest expense, net</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">0.4</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">0.4</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">0.9</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">1.1</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
		<font face="Times New Roman" size="2">Other expense (income), net</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">(0.2)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">(0.2)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">1.6</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
		<font face="Times New Roman" size="2">Provision for income taxes</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">0.1</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">0.2</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
		<font face="Times New Roman" size="2">Net income from continuing operations</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;0.4</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">(0.9)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;0.7</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">(0.3)</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
		<font face="Times New Roman" size="2">Net loss from discontinued operations</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">(0.2)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">(0.2)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">(0.3)</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
		<font face="Times New Roman" size="2">Net income&nbsp;</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.4</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;(1.1)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.5</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.6)</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
		<font face="Times New Roman" size="2">Income (loss) per share:</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
		<font face="Times New Roman" size="2">Continuing operations</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.02</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.06)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.04</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.02)</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
		<font face="Times New Roman" size="2">Discontinued operations</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;--&nbsp;</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.01)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.01)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.02)</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
		<font face="Times New Roman" size="2">Basic</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.02</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.07)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.03</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.04)</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
		<font face="Times New Roman" size="2">Diluted income (loss) per share:</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
		<font face="Times New Roman" size="2">Continuing operations</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.02</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.06)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.04</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.02)</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
		<font face="Times New Roman" size="2">Discontinued operations</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;--&nbsp;</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.01)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.01)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.02)</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
		<font face="Times New Roman" size="2">Diluted</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.02</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.07)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.03</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.04)</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
	</tr>
	<tr>
		<td colspan="2" style="font: 12px Arial; vertical-align: bottom; text-align: left ">
		<font face="Times New Roman" size="2">Shares used in the computation of income (loss) per share:</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">&nbsp;</td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
		<font face="Times New Roman" size="2">Basic (in thousands)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">17,857</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">14,910</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">17,837</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">14,855</font></td>
	</tr>
	<tr>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
		<font face="Times New Roman" size="2">Diluted (in thousands)</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">17,905</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">14,910</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">17,899</font></td>
		<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
		<font face="Times New Roman" size="2">14,855</font></td>
	</tr>
</table>
<p>&nbsp;</p>
<div align="left">
<table cellpadding="0" cellspacing="6" style=" border-collapse: separate; border-spacing: 6px " width="100%">

		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>INTEGRATED ELECTRICAL SERVICES, INC. AND SUBSIDIARIES</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>NON-GAAP RECONCILIATION OF ADJUSTED EBITDA&nbsp;</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>(DOLLARS IN MILLIONS)</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>(UNAUDITED)</strong></font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">Three Months Ended March 31,</font></td>
			<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">Six Months Ended March 31,</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2014</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2013</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2014</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2013</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Net income from continuing operations</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.9)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.7</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.3)</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Provision for income taxes</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.2</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Interest expense, net</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.9</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;1.1</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Depreciation and amortization</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;0.6</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;0.5</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;1.3</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;1.1</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">EBITDA</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;1.5</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;2.9</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;2.0</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Non-cash equity compensation expense</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.3</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.8</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Impact to cost of sales from purchase&nbsp;accounting adjustments to inventory</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.6</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Acquisition Related Expenses</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.8</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.8</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Reserve related to receivable from former surety&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;(0.1)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;1.7</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Adjusted EBITDA</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;1.9</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;1.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;3.8</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;5.4</font></td>
		</tr>

</table>
</div>
<hr><p style="page-break-after: always"></p>
<p>&nbsp;</p>
<div align="left">
<table cellpadding="0" cellspacing="6" style=" border-collapse: separate; border-spacing: 6px " width="100%">

		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>INTEGRATED ELECTRICAL SERVICES, INC. AND SUBSIDIARIES</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>NON-GAAP RECONCILIATION OF ADJUSTED NET INCOME (LOSS)</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>(DOLLARS IN MILLIONS)</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>(UNAUDITED)</strong></font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">Three Months Ended March 31,</font></td>
			<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">Six Months Ended March 31,</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2014</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2013</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2014</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2013</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Net income from continuing operations</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.9)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.7</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.3)</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Non-cash equity compensation expense</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.3</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.8</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Impact to cost of sales from purchase&nbsp;accounting adjustments to inventory</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.6</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Acquisition Related Expenses</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.8</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.8</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Reserve related to receivable from former surety&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;(0.1)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;1.7</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Adjusted net income</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.8</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;1.6</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;3.0</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Adjusted income per share:</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Basic</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.05</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.01</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.09</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.21</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Diluted</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.05</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.01</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.09</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.21</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Shares used in the computation of income per share:</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Basic (in thousands)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">17,857</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">14,910</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">17,837</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">14,855</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Diluted (in thousands)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">17,905</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">14,910</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">17,899</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">14,855</font></td>
		</tr>

</table>
</div>
<p>&nbsp;</p>
<div align="left">
<table cellpadding="0" cellspacing="6" style=" border-collapse: separate; border-spacing: 6px " width="90%">

		<tr>
			<td colspan="3" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>INTEGRATED ELECTRICAL SERVICES, INC. AND SUBSIDIARIES</strong></font></td>
		</tr>
		<tr>
			<td colspan="3" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>SELECTED BALANCE SHEET AND CASH FLOW INFORMATION</strong></font></td>
		</tr>
		<tr>
			<td colspan="3" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>(DOLLARS IN MILLIONS)</strong></font></td>
		</tr>
		<tr>
			<td colspan="3" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>(UNAUDITED)</strong></font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">March 31, 2014</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">March 31, 2013</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Selected Balance Sheet Data:</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Cash and cash equivalents</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;20.5</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;20.5</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Net working capital (excludes cash and cash equivalents)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;28.7</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;25.2</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Goodwill and intangible assets</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;17.7</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;9.4</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Total assets&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;170.3</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;153.3</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Total debt&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;12.0</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;6.5</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Total stockholders' equity</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;63.3</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;53.0</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Liquidity:</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Cash and cash equivalents plus borrowing availability</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;29.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;37.0</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">Three Months Ended March 31,</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2014</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2013</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; text-align: center">
				&nbsp;</td>
			<td style="font: 12px Arial; text-align: center">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Cash provided (used) in operating activities&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;4.8</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;(2.2)</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Cash used in investing activities&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.6)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.5)</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Cash used in financing activities&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.9)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;(4.7)</font></td>
		</tr>

</table>
</div>
<p>&nbsp;</p>
<hr><p style="page-break-after: always"></p>
<p>&nbsp;</p>
<div align="left">
<table cellpadding="0" cellspacing="6" style=" border-collapse: separate; border-spacing: 6px " width="100%">

		<tr>
			<td colspan="5" style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				&nbsp;</td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>INTEGRATED ELECTRICAL SERVICES, INC. AND SUBSIDIARIES</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>OPERATING SEGMENT STATEMENTS OF OPERATIONS</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>(DOLLARS IN MILLIONS)</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>(UNAUDITED)</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" rowspan="1" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				&nbsp;</td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">
				<strong>COMMUNICATIONS</strong></font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td colspan="2" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">Three Months Ended</font></td>
			<td colspan="2" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">Six Months Ended</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">March 31,</font></td>
			<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">March 31,</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2014</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2013</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2014</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2013</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Revenues</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;25.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;31.8</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;49.7</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;71.9</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Cost of services</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;21.0</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;26.0</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;41.7</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;58.9</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Gross profit</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;4.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;5.8</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;8.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;13.1</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Selling, general and administrative expenses</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;2.8</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;3.0</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;5.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;6.2</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Corporate allocations</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;0.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;0.3</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;0.7</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;0.7</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Income from operations</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;1.0</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;2.5</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;1.9</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;6.2</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Other data:</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Depreciation &amp; amortization expense</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.2</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Total assets</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;25.0</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;25.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;25.0</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;25.4</font></td>
		</tr>
		<tr>
			<td colspan="5" rowspan="1" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				&nbsp;</td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">
				<strong>RESIDENTIAL</strong></font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td colspan="2" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">Three Months Ended</font></td>
			<td colspan="2" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">Six Months Ended</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">March 31,</font></td>
			<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">March 31,</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2014</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2013</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2014</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2013</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Revenues</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;42.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;39.3</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;83.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;75.3</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Cost of services</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;34.5</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;32.6</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;68.3</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;62.5</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Gross profit</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;7.7</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;6.8</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;15.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;12.9</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Selling, general and administrative expenses</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;6.6</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;6.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;12.8</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;11.1</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Corporate allocations</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;0.3</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;0.3</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;0.6</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;0.6</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Income from operations</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.7</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;1.7</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;1.3</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Other data:</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Depreciation &amp; amortization expense</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.2</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Total assets</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;36.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;38.7</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;36.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;38.7</font></td>
		</tr>

</table>
</div>
<p>&nbsp;</p>
<hr><p style="page-break-after: always"></p>
<p>&nbsp;</p>
<div align="left">
<table cellpadding="0" cellspacing="6" style=" border-collapse: separate; border-spacing: 6px " width="100%">

		<tr>
			<td colspan="5" style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>INTEGRATED ELECTRICAL SERVICES, INC. AND SUBSIDIARIES</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>OPERATING SEGMENT STATEMENTS OF OPERATIONS</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>(DOLLARS IN MILLIONS)</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>(UNAUDITED)</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" rowspan="1" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				&nbsp;</td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">
				<strong>COMMERCIAL &amp; INDUSTRIAL</strong></font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td colspan="2" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">Three Months Ended</font></td>
			<td colspan="2" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">Six Months Ended</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">March 31,</font></td>
			<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">March 31,</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2014</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2013</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2014</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2013</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Revenues</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;42.3</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;50.8</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;83.6</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;102.0</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Cost of services</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;36.5</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;47.5</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;73.8</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;94.0</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Gross profit</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;5.9</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;3.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;9.8</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;8.0</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Selling, general and administrative expenses</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;3.7</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;3.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;6.6</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;6.3</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Corporate allocations</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;0.6</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;0.5</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;1.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;1.1</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Income from operations</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;1.6</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;(0.2)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;2.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.7</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Other data:</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Depreciation &amp; amortization expense</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.1</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Total assets</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;45.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;53.5</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;45.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;53.5</font></td>
		</tr>
		<tr>
			<td colspan="5" rowspan="1" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				&nbsp;</td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">
				<strong>INFRASTRUCTURE SOLUTIONS</strong></font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td colspan="2" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">Three Months Ended</font></td>
			<td colspan="2" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">Six Months Ended</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">March 31,</font></td>
			<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">March 31,</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2014</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2013</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2014</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2013</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Revenues</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;10.6</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;23.6</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;--&nbsp;</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Cost of services</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;8.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;18.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Gross profit</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;2.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;5.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Selling, general and administrative expenses</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;2.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;4.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Corporate allocations</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;0.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;0.3</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Income from operations</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.5</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;--&nbsp;</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Other data:</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Depreciation &amp; amortization expense</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.5</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;--&nbsp;</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Total assets</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;27.6</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;27.6</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;--&nbsp;</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Note:&nbsp;Infrastructure Solutions results for the three months and six months ended March 31, 2014 include the $0.2 and $0.6 million, respectively, of impact to cost of sales from purchase accounting adjustments to inventory</font></td>
		</tr>

</table>
</div>
<p>&nbsp;</p>
<hr><p style="page-break-after: always"></p>
<p>&nbsp;</p>
<div align="left">
<table cellpadding="0" cellspacing="6" style=" border-collapse: separate; border-spacing: 6px " width="100%">

		<tr>
			<td colspan="5" style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>INTEGRATED ELECTRICAL SERVICES, INC. AND SUBSIDIARIES</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>OPERATING SEGMENT STATEMENTS OF OPERATIONS</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>(DOLLARS IN MILLIONS)</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">
				<strong>(UNAUDITED)</strong></font></td>
		</tr>
		<tr>
			<td colspan="5" rowspan="1" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				&nbsp;</td>
		</tr>
		<tr>
			<td colspan="5" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">
				<strong>CORPORATE &amp; OTHER</strong></font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td colspan="2" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">Three Months Ended</font></td>
			<td colspan="2" style="font: 12px Arial; text-align: center">
				<font face="Times New Roman" size="2">Six Months Ended</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">March 31,</font></td>
			<td colspan="2" style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">March 31,</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2014</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2013</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2014</font></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">2013</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
			<td>
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Revenues</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;--&nbsp;</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Cost of services</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Gross profit</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Selling, general and administrative expenses</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;3.9</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;4.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;7.5</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;8.0</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Corporate allocations</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;(1.3)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;(1.2)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;(2.7)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;(2.3)</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Loss from operations</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;(2.5)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;(3.3)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;(4.8)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;(5.7)</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Interest and other expense, net</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.3</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;0.7</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;2.6</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Provision for income taxes</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;0.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;--&nbsp;</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: solid black 1.0pt;">
				<font face="Times New Roman" size="2">&nbsp;0.2</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Net loss from continuing operations</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;(3.0)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;(3.6)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;(5.5)</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap; border-bottom: double black 2.5pt;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;(8.5)</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				<font face="Times New Roman" size="2">Other data:</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left ">
				&nbsp;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Depreciation &amp; amortization expense</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.1</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.3</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.2</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;0.6</font></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;">
				<font face="Times New Roman" size="2">Total assets</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;36.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;35.6</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;36.4</font></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: right; white-space: nowrap;">
				<font face="Times New Roman" size="2">&nbsp;$&nbsp;35.6</font></td>
		</tr>

</table>





</div>





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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
