Constellation Energy Senior Players Championship Goes Carbon Neutral

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BALTIMORE—October 6, 2008—Constellation Energy (NYSE:CEG) today announced that this year’s Constellation Energy Senior Players Championship will be made carbon neutral by countering an estimated 1,400 metric tons of greenhouse gas (GHG) emissions through on-site actions and the purchase of offsets. The Senior Players Championship will be held Oct. 6-12, 2008, at the Baltimore Country Club in Timonium, Md.

“At this year’s Constellation Energy Senior Players Championship, we’re advancing to the next level of environmental stewardship and accountability by taking measures to achieve a carbon neutral event,” said Mayo A. Shattuck III, chairman, president and chief executive officer of Constellation Energy. “This tournament presented us with an opportunity to continue addressing global climate change on both a local and national level, and we look forward to continuing our efforts to effectively reduce greenhouse gas emissions through innovative energy solutions.”

Making the 2008 Constellation Energy Senior Players Championship a carbon-neutral event is a first for the Champions Tour, which means that the GHG footprint associated with the tournament has been calculated and will be reduced through on-site actions and offset via the purchase of certified hydrogen carbon credits and Renewable Energy Certificates (RECs). In 2007, the Constellation Energy Senior Players Championship became the first PGA TOUR or Champions Tour event to be powered by 100 percent clean, renewable energy.

To assess the anticipated GHG impact for the tournament, Constellation Energy used the ecolinkTM carbon management platform, an innovative tool developed by Pace Global, which is the focal point of Constellation NewEnergy’s carbon footprinting service. The scope of the assessment included tournament staff, the professional players, spectators, event volunteers, event vehicles, vendors and the course itself. Specifically, emissions from a number of sources were estimated, including transportation, country club facilities, lodging and on-site generation.

Constellation Energy is implementing the following initiatives to make this year’s event carbon neutral:

Purchase of 1,400 carbon credits from a Kyoto-certified small hydro project, which will be utilized to offset all non-electricity-related GHG emissions associated with the event.

Purchase of an estimated 69 megawatt-hours of Green-e Energy Certified wind RECs to offset emissions associated with electricity usage at the Baltimore Country Club and hotel accommodations throughout the event.

The use of bio-diesel in on-site generators.

The carpet in all tents and hospitality suites, as well all plastic and cardboard generated from course concessions and tournament materials, will be recycled.

[an error occurred while processing this directive] “The PGA TOUR is extremely proud to work with Constellation Energy to make this year’s Senior Players Championship a carbon neutral event,” said Timothy W. Finchem, commissioner of the PGA TOUR. “We’re sending a powerful message to our fans across the world about the importance of environmental responsibility and working together to reduce our collective carbon footprint.”

About the Constellation Energy Senior Players Championship
The Constellation Energy Senior Players Championship is one of five major championships on the PGA TOUR’s Champions Tour for eligible professionals age 50 and over. Dates for the 2008 event are October 6-12. The event will be played on the East Course at Baltimore Country Club in Timonium, MD, with a field of 78 Champions Tour players competing for a share of the $2.6 million purse, the largest of the season. The final two rounds of the event will be broadcast on NBC in high definition and aired in more than 140 countries around the world (4-6 p.m. Saturday and Sunday). The first and second rounds of this final major of the season will air on the GOLF CHANNEL (1:30-4 p.m. Thursday and Friday). To purchase tickets, for information about corporate sponsorship opportunities or to become a volunteer for the 2008 tournament, please visit the Official Tournament Website at www.ceseniorplayers.com or call the Tournament Office at 410-470-3033. Since the inception of both the Senior Players Championship and the former Constellation Energy Classic, nearly $8.5 million dollars has been generated for charity from the events.

About Constellation Energy
Constellation Energy (http://www.constellation.com), a FORTUNE 125 company with 2007 revenues of $21 billion, is the nation’s largest competitive supplier of electricity to large commercial and industrial customers and the nation’s largest wholesale power seller. Constellation Energy also manages fuels and energy services on behalf of energy intensive industries and utilities. It owns a diversified fleet of 83 generating units located throughout the United States, totaling approximately 9,000 megawatts of generating capacity. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland.

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