CEG Constellation Energy Grp. Common Stock

2007 G.I. Jobs' Ranking Honors Company's Military-Friendly Policies BALTIMORE, Nov. 21 /PRNewswire-FirstCall/ -- Constellation Energy (NYSE:CEG) today announced that it has been recognized by G.I. Jobs magazine as one of the Top 50 "Military-Friendly Employers" across the entire industry spectrum of the U.S. economy. "Constellation Energy is honored to be among the companies recognized for hiring military veterans and embracing policies friendly for our military employees," said Mayo A. Shattuck III, chairman, president and chief executive officer, Constellation Energy. "We are proud to support and honor the men and women who selflessly serve our country. More importantly, we know first-hand the benefits of bringing these highly skilled and trained military veterans into our company." G.I. Jobs magazine's annual listing of Top 50 "Military-Friendly Employers" includes large corporations across all industries, particularly energy, defense, railroads, transportation and financial and business services, that have success in recruiting and hiring military veterans. The top 50 companies were evaluated from a pool of 2,500 eligible companies on their efforts to recruit from the military, results in recruiting from the military and policies for Reserve and Guard members called to active duty. Veteran promotional programs and community involvement were also considered. This was the magazine's fifth annual ranking. In addition to successfully recruiting military veterans, Constellation Energy fully supports employees who currently serve in the National Guard and Reserve forces. The company has policies in place that allow employees to meet their military service obligations, regardless of whether the employees are called to active duty or during traditional National Guard or Reserve duty. In either case, employees serving in a military status continue to qualify for compensation and benefits as an employee of Constellation Energy. Constellation Energy (http://www.constellation.com/), a FORTUNE 125 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: Robert L. Gould or Debra Larsson, both 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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