Southern California Edison in $100 Million Preference Stock Offering

April 27, 2005

Cleary Gottlieb represented Lehman Brothers and Citigroup as representatives of the underwriters in Southern California Edison Company’s offering of 4 million shares of Series A Preference Stock (Non-Cumulative, $100 Liquidation Value).

Southern California Edison provides electric energy to more than 12 million people living in approximately 800 cities and communities within a 50,000 square-mile area of central, coastal and southern California.