Press Release

NEW YORK, NY, Jun 05, 2007 (MARKET WIRE via COMTEX News Network) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) Senior Vice President and Chief Financial Officer Robert Hoglund will participate in a panel discussion at Citigroup Investment Research's Second Annual Power, Gas and Utilities Conference. The panel discussion, titled "Regulatory Risk: How to Manage It in a Rising Rate Environment," will be webcast live on Friday, June 8, at 11 a.m. EDT.

A live audio webcast of the panel discussion can be heard on the conference Web site http://www.veracast.com/webcasts/citigroup/powergas07/91205172.cfm or at the Consolidated Edison, Inc. Web site at http://investor.conedison.com. A replay will be available shortly after the live presentation is completed and will be posted at the same links for 30 days.

Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $12 billion in annual revenues and $27 billion in assets. The company provides a wide range of energy-related products and services to its customers through its two regulated utility subsidiaries and its three competitive energy businesses. For additional financial, operations and customer service information, visit Consolidated Edison, Inc.'s Web site at www.conedison.com.

Contact: Joseph Petta 212-460-4111