Apr 19, 2007 -- Consolidated Edison, Inc. (Con Edison) announced today that it will call for redemption on May 19, 2007 all of its outstanding 7.25% Public Income NotES (7.25% Debentures, Series 2002 A) (NYSE: EPB) (Cusip No. 209115 20 3). The redemption price is 100% ($25 denominations) of the principal amount together with interest accrued from April 1, 2007 to, but not including, May 19, 2007. The securities should be surrendered for payment by mail or hand delivery to The Bank of New York, 111 Sanders Creek Parkway, East Syracuse, NY 13057, Attn: Redemption Unit.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Consolidated Edison, Inc., 7.25% Public Income NotES (PINES), Series 2002 A, due 2042, issued in $25 denominations, redeemable at the issuer's option on or after 4/08/2007 at $25 per share plus accrued and unpaid interest, maturing 4/01/2042, distributions of 7.25% ($1.8125) per annum are paid quarterly on 1/1, 4/1, 7/1 & 10/1 to holders of record on the 15th day of the month prior to the payment date. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. The Notes are unsecured obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below. Consolidated Edison Co. of New York Inc. is a wholly-owned subsidary of Consolidated Edison Inc. (NYSE: ED).

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	7.25% $1.8125	$25.00 $25.00	Called for 5/19/2007 4/01/2042	A1 A 2/21/2006	1/1, 4/1, 7/1 & 10/1 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

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HOME PAGE:     http://www.conedison.com/
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Email Address	childressj@conedison.com
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Address and Phone Numbers

Address:   4 Irving Place, New York, NY 10003
Main Phone Number	212-460-4600
Fax Number	212-475-0734
Investor Relations   Jan Childress	212-460-6611
Toll Free Phone Number	800-752-6633

CEO - Kevin Burke

CFO - Robert N. Hoglund