Edison International and Southern California Edison Declare Dividends

Business Wire, April 24, 2008

ROSEMEAD, Calif. -- The Board of Directors of Edison International (NYSE:EIX) today declared a quarterly common stock dividend of $0.305 per share, payable on July 31, 2008, to shareholders of record on June 30, 2008.

Additionally, 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, 2008, to shareholders of record on May 5, 2008.

* Quarterly dividends of $1.53125 per share on the Series B preference stock and $0.27 per share on the 4.32% series of cumulative preferred stock. Each of these dividends is payable on June 30, 2008, to shareholders of record on June 5, 2008.

* Quarterly dividends of $1.33725 per share on the Series A preference stock and $1.50 per share on the Series C preference stock. Each of these dividends is payable on July 31, 2008, to shareholders of record on July 3, 2008.

Edison International, through its subsidiaries, is a generator and distributor of electric power and an investor in infrastructure and energy assets, including renewable energy. Headquartered in Rosemead, California, Edison International is the parent company of Southern California Edison, the largest electric utility in California, and Edison Mission Group, a competitive power generation business and parent company to Edison Mission Energy and Edison Capital.