Press Release

NEW YORK, April 2 /PRNewswire/ -- Eugene R. McGrath, chairman, president and chief executive officer of Consolidated Edison, Inc. (Con Edison), will discuss the company's financial outlook and New York's energy picture at Salomon Smith Barney's "Power and Merchant Energy 2001 Conference," to be held at the Essex House in New York City on Wednesday, April 4, from 2 p.m. to 3:30 p.m.

The presentation will be accessible via webcast at:

http://www.veracast.com/ssb_merchantpower2001/clientaccess/75211176.cfm

Consolidated Edison, Inc. (NYSE: ED) is one of the nation's largest investor-owned energy companies, with approximately $9 billion in annual revenues and $16 billion in assets. The company provides a wide range of energy-related products and services to its customers through two regulated utility subsidiaries and four competitive energy and telecommunications businesses. For additional financial, operations and customer service information, visit the Consolidated Edison Inc. web site at http://www.conedison.com. SOURCE Consolidated Edison, Inc.

CONTACT: Michael Clendenin of Consolidated Edison, Inc., 212-460-4111/