vee Ss ; = = OyinarI Gy = a cs aConstellation Energy Our vision isto be the first-choice provider for customers seeking energy solutions in the complex and changing energy marketplace. Our mission is to be the nation’s leading energy manager and competitive supplier, generating and delivering power and natural gas safely and reliably to our customers while acting in the interests of our communities, employees, shareholders, and the environment. Our values will help us in our mission to reach our vision: + integrity, teamwork, social and environmental responsibility, and customer focus guide our actions. + speed, accountability, passion for excellence, and creation of value measure our performance, ——— Constellation Energy Corporate Web site www.constellation.com Constellation Energy Public Affairs Office 47 State Circle, Suite 403 Annapolis, MD 21401 Contacts; Mary E. Dempsey Alexander G. Nunez Manager, Public Affairs Senior Public Affairs Department Representative & 410-269-5281 Annapolis Counsel Fax: 410-269-5288 410-269-5193 mary.e.dempsey@constellation.com — Fax: 410-269-5289 alexander.g.nunez@constellation.com John Quinn Lead Engineer, Environment 410-234-5391 Baltimore 410-269-5284 Annapolis Fax: 443-213-3204 john.quinn@constellation,comDear Legislator, In 2004, I am proud to say that Constellation Energy continued to be one of Maryland's business success stories. Constellation NewEnergy continued to excel, remaining the top energy supplier to large industrial and commercial continent. Last summer, Constellation NewEnergy was pleased to supply green, renewable power to both national political party conventions. We gave our expanding competitive wholesale supplier the new name of Constellation Energy Commodit provides worldwide. ties across the s Group to better reflect the diverse services it Our generation fleet added the R. E. Ginna Nuclear Power Plant in New York to its diverse portfolio, Buck home at Calvert Cliffs Nuclear Power Plant, we safely completed a turbine replacement in 20 days, setting a national industry record, The Calvert Cliffs plant continues to be a leader in the energy industry. BGE helped our coll while providing safe, re electricity and 600,000 natural gas customers s in the South with hurricane restoration, able service to our more than 1.2 million n Central Maryland. In 2004, our employees generously supported their communilics, breaking our company’s record for United Wa volunteering thousands of hours of their time. The second annual contributions and Constellation Energy Classic supplemented these efforts by raising more than $400,000 for four Maryland-based non-profit groups, while also adding an estimated $35 million to the region's economy. Tt was a proud moment late last year when we were named as the 2004 Energy Company of the Year in the annual, intemational Platt’s Global Energy Awards. We were recognized by others for our achievements in environmental conservation, philanthropy and safety, and were named as a Maryland Employer of Distinction, ‘These accomplishments would not have been possible without the dedication of our more than 9,000 employees. We are truly proud of our staff! To learn more about Constellation Ex gy, contact Mary Dempsey or Alexander Niiez of our Public Affairs Team. We look forward to working with you in 2005, Sincerely,