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Southern California Edison to Redeem Bonds

ROSEMEAD, Calif.--(BUSINESS WIRE)--May 31, 2005--Southern California Edison (SCE) today announced that it intends to redeem in full one series of its outstanding First and Refunding Mortgage Bonds on June 30, 2005. SCE intends to redeem all of the outstanding 8% Series 2003B bonds, due 2007. The bonds will be redeemed at a "make-whole" redemption price to be determined on the third business day prior to the redemption date, plus accrued interest to the redemption date.

Payment will be made on or after June 30, 2005, upon surrender of the bonds at the offices of the trustee, as follows:


                         The Bank of New York
                    Debt Processing Group (SYR-REG)
                       111 Sanders Creek Parkway
                             P.O. Box 396
                        East Syracuse, NY 13057

The redemption of the bonds may be canceled at SCE's election by written notice given to the trustee and holders of the bonds at any time prior to 10 days before the redemption date.

An Edison International (NYSE:EIX) company, Southern California Edison is one of the nation's largest electric utilities, serving a population of more than 13 million via 4.6 million customer accounts in a 50,000-square-mile service area within central, coastal and Southern California.


    CONTACT: Edison International
             Corporate Communications, 626-302-2255
             www.edisonnews.com

    SOURCE: Edison International
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