Southern California Edison Declares Dividends

The Board of Directors of Southern California Edison Company today declared the following dividends:

• Quarterly dividends of $0.255 per share on the 4.08% series of cumulative preferred stock, $0.265 per share on the 4.24% series of cumulative preferred stock and $0.29875 per share on the 4.78% series of cumulative preferred stock. Each of these dividends is payable on May 31 to shareholders of record on May 5.

• A quarterly dividend on the Series G preference stock, which would result in a distribution of $0.31875 per security on SCE Trust II's 5.10% Trust Preference Securities, payable on June 15, to the shareholder of record on June 12.

• A quarterly dividend on the Series H preference stock, which would result in a distribution of $0.359375 per security on SCE Trust III's 5.75% Trust Preference Securities, payable on June 15, to the shareholder of record on June 12.

• A quarterly dividend on the Series J preference stock, which would result in a distribution of $0.3359375 per security on SCE Trust IV's 5.375% Trust Preference Securities, payable on June 15, to the shareholder of record on June 12.

• A quarterly dividend on the Series K preference stock, which would result in a distribution of $0.340625 per security on SCE Trust V's 5.45% Trust Preference Securities, payable on June 15, to the shareholder of record on June 12.

• A quarterly dividend on the Series L preference stock, which would result in a distribution of $0.3125 per security on SCE Trust VI's 5.00% Trust Preference Securities, payable on June 15, to the shareholder of record on June 12.

• A quarterly dividend of $0.27 per share on the 4.32% series of cumulative preferred stock, payable on June 30, to shareholders of record on June 5.

• A semiannual dividend of $31.25 per share on the Series E preference stock, payable on August 1, to shareholders of record on July 2.

About Southern California Edison

An Edison International EIX company, Southern California Edison is one of the nation's largest electric utilities, serving a population of approximately 15 million via 5 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.

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