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Con Edison Media Relations
Contact: Michael Clendenin
Telephone: (212) 460-4111

For Immediate Release: March 2, 2001

STATEMENT FROM CON EDISON CONCERNING ITS PROPOSED MERGER WITH NORTHEAST UTILITIES

Consolidated Edison, Inc. [NYSE:ED] and Northeast Utilities (NU) agreed to extend the deadline announced earlier this week by NU until 5:00 p.m. Monday, March 5th.


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