October 26, 2004 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/CertifiedJPMorgan Chase BankInstitutional Trust ServicesP. O. Box 2320Dallas, Texas 75221-2320 Express Delivery OnlyJPMorgan Chase BankInstitutional Trust Services2001 Bryan Street, 9th FloorDallas, Texas 75201 By Hand OnlyJPMorgan Chase BankInstitutional Securities Window4 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. # # # Based in Rosemead, Calif., Edison International (NYSE:EIX) is the parent company of Southern California Edison, Edison Mission Energy and Edison Capital.