SCE Reaction to PG&E

----- Forwarded by Jeff Dasovich/NA/Enron on 04/06/2001 01:31 PM -----

Jean Munoz <jmunoz@mcnallytemple.com<
04/06/2001 02:05 PM

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cc:
Subject: SCE Reaction to PG&E

SCE Responds to PG&E Bankruptcy Filing

Southern California Edison Company (SCE) released the following statement in
response to the decision today by Pacific Gas and Electric to file for
reorganization under Chapter 11 of the U.S. Bankruptcy Code. This statement
is by Edison International Chairman, President, and CEO John Bryson.

ROSEMEAD, Calif., April 6 /PRNewswire/ -- This is a sad day for California.
PG&E has had a proud history of service to our state for more than a century.

We at Southern California Edison continue to believe that working out a
comprehensive solution to our current crisis is a preferable course to take.
PG&E's decision today does not change our position.
Based in Rosemead, Calif., Edison International (NYSE: EIX) is a premier
international electric power generator, distributor and structured finance
provider.

SOURCE Edison International

/CONTACT: Corporate Communications, 626-302-2255, for Edison International/