CEG Constellation Energy Grp. Common Stock

Baltimore Gas and Electric Continues Restoring Natural Gas Service to Overlea-Fullerton Area Gas Mains Cleared of Majority of Water BALTIMORE, Oct. 27 /PRNewswire/ -- Baltimore Gas and Electric Company (BGE), a subsidiary of Constellation Energy (NYSE:CEG), today announced that it has restored natural gas service to more than 60 percent of the roughly 1,900 customers affected by last Saturday's outage. Of the more than 1,200 customers whose service has been restored, about 175 have been found to have water damage requiring the services of a certified contractor. The utility announced yesterday that it expects to restore customers each day until service is fully restored by late Friday. "The fact that we've cleared the gas mains of the majority of water is a significant milestone," said E. Frank Bender, vice president of gas operations for BGE. "We sincerely appreciate the patience of our customers as we work round the clock to restore their natural gas service. As previously stated, where we can relight pilot lights after inspecting both meters and household appliances, we will do so, but at no time will we compromise the safety of our customers or our employees." As of this morning, BGE had pumped approximately 50,000 gallons of water from its gas mains. In order to effect full restoration and reintroduce natural gas into the system, mains must be free of water. Throughout the day today, BGE and out-of-state utility crews will continue to go door-to-door in order to inspect individual meters and household appliances which may have been damaged by water that entered the gas mains. 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. 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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