CEG Constellation Energy Grp. Common Stock

BALTIMORE, March 23 /PRNewswire-FirstCall/ -- Constellation Energy (NYSE:CEG) has been named to the BusinessWeek 50 annual ranking of the best performing companies in the U.S. Constellation Energy is ranked at No. 37 on the list, which is available in the March 26 issue of BusinessWeek magazine. "We are very pleased to be included in this ranking by BusinessWeek, which recognizes the commitment that Constellation Energy has made to providing outstanding energy products and services to our customers and creating long-term value for shareholders," said Mayo A. Shattuck III, chairman, president and chief executive officer of Constellation Energy. "It also is a recognition of the hard work and customer focus of our nearly 9,700 employees who have been the driving force behind our continued growth as one of the nation's premier energy companies." The BusinessWeek 50 selects "best in class" performers from each S&P 500 sector and ranks the companies using a number of measures, with emphasis on management's use of capital and overall sales growth. In 2006, Constellation Energy generated $19.3 billion in revenues and grew adjusted earnings by 25 percent. This is Constellation Energy's first year in the BusinessWeek 50 ranking. Constellation Energy (http://www.constellation.com/), a FORTUNE 200 company with 2006 revenues of $19.3 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 78 generating units located throughout the United States, totaling approximately 8,700 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: Rob Gould of Constellation Energy, +1-410-470-7433 Web site: http://www.constellation.com/ Company News On-Call: http://www.prnewswire.com/comp/084087.html

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