Press Release

NEW YORK, May 14 /PRNewswire-FirstCall/ -- Kevin Burke, president and chief operating officer of Consolidated Edison Company of New York, Inc. (Con Edison), will discuss the company's disciplined approach to a changing energy marketplace at the Salomon Smith Barney "Power and Energy Merchant Conference 2002" this Wednesday, May 15 from 10:25 a.m. to 11:45 a.m.

The live audio Webcast of the presentation and slide materials can be accessed at http://www.veracast.com/ssb/2002/power/02204143.cfm. A replay of the presentation will be available by the end of the day and will be archived for 30 days. The presentation slides will also be available on the Consolidated Edison, Inc. website at http://investor.conedison.com.

Con Edison is a subsidiary of Consolidated Edison, Inc. (NYSE: ED), one of the nation's largest investor-owned energy companies, with approximately $10 billion in annual revenues and $17 billion in assets. The utility provides electric, gas and steam service to more than three million customers in New York City and Westchester County, New York. For additional financial, operations and customer service information, visit Con Edison's web site at http://www.coned.com.

SOURCE: Con Ed