CEG Constellation Energy Grp. Common Stock

BALTIMORE, May 16 /PRNewswire-FirstCall/ -- Constellation Energy (NYSE:CEG) today announced that its subsidiary, Constellation NewEnergy, has named Rob Task as the regional vice president for its Texas business. Task joins Constellation NewEnergy as a member of its senior leadership team and has responsibility for leading and managing the company's Texas business, which supplies more than 4,000 megawatts of competitive electricity to commercial and industrial customers in the state. (Photo: http://www.newscom.com/cgi-bin/prnh/20060516/PHTU029 ) "Rob brings to our organization a unique mix of leadership in national energy policy and market development and practical retail energy industry experience, and we are very fortunate to have him as a part of our team," said Clem Palevich, president, Constellation NewEnergy. Task began his 13-year career in the energy sector at the U.S. Department of Energy, where he served as special assistant to the Assistant Secretary for Policy. He also served as principal staff to the Secretarial Privatization Working Group, where he analyzed emerging markets and initiated a private sector recruiting process for international trade missions. In 1996, Task joined the private sector as senior attorney for Reliant Energy, providing legal counsel for long-term electric energy origination transactions and serving as counsel for large-scale electric generation acquisitions. In 2001, he joined Dynegy Marketing & Trade as lead counsel for Dynegy retail/commercial, industrial sales and marketing operations. Most recently, Task held the position of vice president and general counsel of Suez Energy Resources, overseeing the negotiation of energy transactions, regulatory compliance, and participated as a member of the senior management team. Task holds a law degree from South Texas College of Law and a Bachelor's degree in government from the University of Texas. He is a member of professional organizations such as the State Bar of Texas and Oklahoma Bar Association. Constellation NewEnergy (http://www.newenergy.com/), a member of Constellation Energy (NYSE:CEG), is a leading competitive supplier of electricity, natural gas and energy-related services to commercial and industrial customers throughout North America. Constellation NewEnergy operates in all competitive energy markets throughout Canada and the United States, providing products that enable customers to effectively manage and control energy costs. Constellation NewEnergy's regional expertise, coupled with its national presence, provides customers with customized energy products and services while leveraging the assets of one of the strongest integrated energy companies in North America. Constellation NewEnergy, based in Baltimore, serves more than 10,000 commercial and industrial customers throughout 31 states and 3 Canadian provinces representing more than 15,000 megawatts of peak load and more than 300 billion cubic feet of annual natural gas consumption. 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. http://www.newscom.com/cgi-bin/prnh/20060516/PHTU029 http://photoarchive.ap.org/ DATASOURCE: Constellation Energy CONTACT: Debra Beck of 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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