CEG Constellation Energy Grp. Common Stock

Baltimore Gas and Electric Gradually Restoring Natural Gas Service to Overlea-Fullerton Area Restoration Effort Expected to Last Into Late Friday BALTIMORE, Oct. 26 /PRNewswire-FirstCall/ -- Baltimore Gas and Electric Company (BGE), a subsidiary of Constellation Energy (NYSE:CEG), today announced that it has restored natural gas service to roughly 650 residents and businesses in the Overlea-Fullerton neighborhood of Baltimore County. The utility also announced that it expects most of its remaining customers whose service was interrupted this past weekend to be restored by late Friday. The process of restoring natural gas service has been slowed by water which extended into gas pipes and gas-fed appliances of customers' homes and businesses. To date, BGE has found nearly 80 instances of damaged appliances, a number that is expected to rise as BGE crews focus on the most heavily impacted area of the affected neighborhood. "We are making progress and continue to appeal to our customers for their patience as we work to restore gas service to their homes and businesses as quickly and safely as possible," said E. Frank Bender, vice president of gas operations for BGE. "While the process of clearing our gas mains of water is time-consuming, especially in low-lying areas where water collects in the system, we are making headway, restoring service to those customers whose gas-fed appliances have not been damaged by water. Where we can relight pilot lights, we will do so, but at no time will we compromise the safety of our customers." As of early this morning, BGE has pumped 60 percent of the volume that is believed to have entered the gas mains. In order to effect full restoration and reintroduce natural gas into the system, mains must be free of water. In those instances where a gas-fed appliance is found to be damaged by water, BGE will replace the meter at the home. Customers are further advised to have gas lines and damaged appliances in their homes and businesses inspected by a licensed contractor, and to work with their insurance companies to address any financial claims. BGE cannot make repairs to customers' appliances. Service restoration has mostly been in the area west of Belair Road just south of the Baltimore Beltway where gas mains have been fully drained. BGE is working in a southeasterly direction and is finding higher levels of water in the main because of the area's downhill terrain. Assisting BGE in relighting appliance pilots are personnel from several neighboring utilities, including Washington Gas Light, Columbia Gas, Conectiv Power Delivery, Philadelphia Gas Works and Pennsylvania Power and Light Company (PPL). BGE is a member of Constellation Energy (NYSE:CEG), a Fortune 500 integrated energy company based in Baltimore. Constellation Energy is the nation's leading competitive supplier of electricity to large commercial and industrial customers. It owns and operates a diversified fleet of 35 power plants in 11 states. Additionally, Constellation Energy markets energy nationally and manages the associated risks, providing value-added services for its customers. The company also delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. In 2003, the combined revenues of the integrated energy company totaled $9.7 billion. DATASOURCE: Baltimore Gas and Electric Company CONTACT: Robert L. Gould or Linda Foy, Baltimore Gas and Electric Company, +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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