BALTIMORE, Feb. 24 /PRNewswire-FirstCall/ -- Who: Constellation Energy (NYSE:CEG) Executive Vice President, Chief Financial Officer and Chief Administrative Officer E. Follin Smith What: Citigroup Investment Research First Annual Power, Gas and Utilities Conference Panel Discussion: "How to Manage Dynamic Risks and Create Positive Shareholder Returns" When: Thursday, March 2, 2006 at 8 a.m. (EST) Where: Mandarin Oriental Hotel 500 Brickell Key Drive Miami, FL 33131 Note: The panel presentation will be available via a live audio webcast and will be available as an archived webcast for 30 days at: http://www.veracast.com/webcasts/citigroup/power06/39101181.cfm. A live audio webcast of the panel discussion will also be available on the Investor Relations page of Constellation Energy's Web site at: http://www.constellation.com/. The webcast will be archived and available for replay later that day. Constellation Energy (http://www.constellation.com/), a FORTUNE 200 company with 2005 revenues of $17.1 billion, is the nation's largest competitive supplier of electricity to large commercial and industrial customers and the nation's largest wholesale power seller. Constellation Energy also manages fuels and energy services on behalf of energy intensive industries and utilities. It owns a diversified fleet of more than 100 generating units located throughout the United States, totaling approximately 12,000 megawatts of generating capacity. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. First Call Analyst: FCMN Contact: Angelique.l.rewers@constellation.com DATASOURCE: Constellation Energy CONTACT: Media Contact: Angelique Rewers, +1-410-234-7433, or Investor Contact: Kevin W. Hadlock, +1-410-783-3647, both of Constellation Energy Web site: http://www.constellation.com/ Company News On-Call: http://www.prnewswire.com/comp/084087.html

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