CEG Constellation Energy Grp. Common Stock

BALTIMORE, March 14 /PRNewswire-FirstCall/ -- Constellation Energy (NYSE:CEG) today announced that the company and its employees continued their tradition of generous community support by contributing more than $4.1 million to the 2005 Central Maryland United Way Campaign. Constellation Energy continues to hold the distinction as central Maryland's largest and most successful private sector campaign as well as the campaign with the largest number of donors who contribute $10,000 or more. Together with Constellation Energy's corporate matching gift program of 50 cents for every dollar contributed, 2005 United Way Campaign donations were up 14 percent from last year's $3.6 million. Constellation Energy's worldwide employee contributions made up $2.7 million of the total contribution, topping last year's $2.4 million. Nearly $2.7 million will be allocated to the United Way of Central Maryland, with the remaining balance being provided to other United Way campaigns where Constellation Energy has operations. "Our company and employees place great value on community commitment, and we're proud to be recognized as the leader in Maryland in supporting the many social causes and programs that help make our state a better place to live and work," said Mayo A. Shattuck III, chairman, president and CEO. "We know there are many groups and organizations that need our support, and I'm proud to say that our company and employees recognize and accept this responsibility. We'll live up to our commitments this year and in the years ahead." Additionally, more than 800 Constellation Energy employees participated in several United Way sponsored fundraising and community outreach programs across the country. "Constellation Energy employees should be extremely proud of their philanthropic leadership as demonstrated through this year's campaign," said Stu Rubenstein, campaign chairman of Constellation Energy's 2005 United Way campaign and chief operating officer of Constellation Energy subsidiary, Constellation Energy Commodities Group. "It never ceases to amaze me the number of employees who continue to go above and beyond." In addition to its United Way campaign, Constellation Energy successfully raised more than $18,000 for the special Hurricane Katrina Relief Fund through the sale of LiveStrong - like bracelets and pins. 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. DATASOURCE: Constellation Energy CONTACT: Robert L. Gould, Constellation Energy, +1-410-234-7433 Web site: http://www.constellation.com/ Company News On-Call: http://www.prnewswire.com/comp/084087.html

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