CEG Constellation Energy Grp. Common Stock

Constellation Energy Declares Quarterly Dividend BALTIMORE, Oct. 25 /PRNewswire-FirstCall/ -- Constellation Energy (NYSE:CEG) today announced that its Board of Directors has declared a quarterly dividend of 28.5 cents per share on common stock. The dividend is payable Jan. 3, 2005, to shareholders of record at the close of business on Dec. 10, 2004. Baltimore Gas and Electric Company (BGE) declared quarterly dividends at the specified rates for all of its outstanding preference stock, payable Jan. 3, 2005, to shareholders of record at the close of business on Dec. 10, 2004. Constellation Energy (http://www.constellation.com/), a Fortune 500 integrated energy company, is the leading supplier of competitive energy to large commercial and industrial customers in North America. Constellation Energy manages supply and delivery of fuels and power for some of the world's largest producers and consumers of electricity, natural gas, oil and coal. Constellation Energy also owns or holds ownership interests in a diversified fleet of 35 power plants in 11 states, totaling approximately 12,500 megawatts of generating capacity, and delivers safe, economical and reliable electricity and natural gas in Central Maryland through its regulated utility, the Baltimore Gas and Electric Company (BGE). Constellation Energy is headquartered in Baltimore with nearly four dozen corporate and regional offices around the world. Constellation Energy's combined revenues in 2003 totaled $9.7 billion. DATASOURCE: Constellation Energy CONTACT: Robert L. Gould 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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