TO: THE FINANCIAL COMMUNITY

FROM: KATHLEEN A. LALLY

RE: PSEG TO WEBCAST PRESENTATION AT THE EEI FINANCIAL CONFERENCE

Ralph Izzo, President and Chief Executive Officer, and Dan Cregg, Executive Vice President and CFO of PSEG, will deliver a strategic presentation at the EEI Financial Conference in Florida on Tuesday, November 10, scheduled for 9:00 a.m. ET. This presentation will be webcast and can be accessed through PSEG's web site at:

http://www.pseg.com/investor

In addition, PSEG's slide presentation will be available on the web.

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