Press Release

NEW YORK, Sep 23, 2004 /PRNewswire-FirstCall via COMTEX/ -- Consolidated Edison, Inc. (Con Edison) Executive Vice President and Chief Financial Officer Joan S. Freilich will participate in a panel discussion titled, "Size and Scale," at the Merrill Lynch Global Power and Gas Leaders conference on Tuesday, September 28, 2004. Ms. Freilich will discuss how Con Edison has remained focused on the basics of its core business -- delivering energy reliably to its customers. The presentation will be webcast from New York City at 7:45 a.m. (EDT).

The live audio webcast of the presentation and slide materials can be accessed on Con Edison's 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 link for approximately 14 days.

Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with $10 billion in annual revenues and $22 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 four competitive energy and telecommunications businesses. For additional financial, operations and customer service information, visit Consolidated Edison, Inc.'s Web site at http://www.conedison.com.

SOURCE Consolidated Edison, Inc.

Joseph Petta, Consolidated Edison, Inc., +1-212-460-4111

http://www.conedison.com