Press Release

The Tribute Focuses On Individuals And Organizations That "Think Globally And Act Locally To Call Attention To The Threat Of Local Global Warming"

NEW YORK, N.Y. - Consolidated Edison Company of New York, Inc.'s M. Peter Lanahan, vice president of Environmental, Health and Safety, was honored with the Environmental Action Coalition's Green Star Award last night. This is the 20th year that the Environmental Action Coalition (EAC) honored individuals and organizations that call attention to the threat of global warming and are acting locally to reduce greenhouse gas emissions.

The EAC noted Mr. Lanahan's leadership in implementing a major expansion and restructuring of Con Edison's environment, health and safety programs. He was particularly recognized for installing state-of-the-art systems to monitor and reduce the release of SF-6, a greenhouse gas used in utility switching gear, and for his work in support of a consumers' energy conservation education program.

"I want to express my deepest gratitude to the EAC for this recognition," said Mr. Lanahan. "With the support of our 13,000 employees, Con Edison has successfully embarked on a quest for environmental excellence that goes beyond regulatory compliance. This award is a source of encouragement for maintaining and improving our high environmental standards."

Green Star Awards were also presented to Richard M. Cherry, President and CEO, Community Environmental Center; Dr. Michael Oppenheimer, Chief Scientist, Environmental Defense; Timothy S. Carey, President and CEO, Hugh L. Carey Battery Park City Authority; and Mysore L. Nagaraja, P.E., Senior Vice President and Chief Engineer, Capital Program Management, New York City Transit Authority.

The EAC was founded in 1970 by a group of educators, business people and grassroots community leaders who came together to organize New York City's first Earth Day. Its mission is "to enhance the quality of our urban ecosystem by fostering meaningful community-based activities and encouraging effective public-and private-sector initiatives."

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 $16 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 www.coned.com.