October 26, 2004

ROSEMEAD, Calif., Oct. 26, 2004 – Edison International (EIX) today announced that it intends to redeem on Nov. 30, 2004 all of the EIX Trust II 8.60% Cumulative Quarterly Income Preferred Securities, Series B (the “QUIPS”), for a redemption price of 100% of the principal amount, plus accrued interest to the redemption date.  The QUIPS are listed on the New York Stock Exchange.

Payment will be made on or after Nov. 30, 2004, upon surrender of the QUIPS at the offices of the property trustee, as follows:

First Class/Registered/Certified
JPMorgan Chase Bank
Institutional Trust Services
P. O. Box 2320
Dallas, Texas  75221-2320
Express Delivery Only
JPMorgan Chase Bank
Institutional Trust Services
2001 Bryan Street, 9th Floor
Dallas, Texas  75201

By Hand Only
JPMorgan Chase Bank
Institutional Securities Window
4 New York Plaza – 1st Floor
New York, NY  10004-2413

The redemption of the QUIPS may be canceled by EIX at any time on or prior to the redemption date.

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Based in Rosemead, Calif., Edison International (NYSE:EIX) is the parent company of Southern California Edison, Edison Mission Energy and Edison Capital.