Southern California Edison in Preference Stock Offering

September 21, 2005

Cleary Gottlieb represented Goldman Sachs, J.P. Morgan and Lehman Brothers as representatives of the underwriters in Southern California Edison Company’s offering of 2,000,000 shares of Series B Preference Stock.

Southern California Edison provides electric energy to approximately 800 cities and communities which include a population of over 13 million people over a 50,000 square-mile area of central, coastal and southern California.