CH Energy Group Schedules Conference Call.

Energy Editors/Business Editors

POUGHKEEPSIE, N.Y.--(BUSINESS WIRE)--Jan. 29, 2003

CH Energy Group, Inc. (NYSE: CHG) will release its 2002 financial results on January 31, 2003.

Analysts, members of the media and other interested parties are invited to participate in a conference call with the Company's executive leadership to review 2002 performance and discuss projections for 2003.

Paul J. Ganci, Chairman of the Board, President and Chief Executive Officer, and Chief Operating Officer and Chief Financial Officer Steven V. Lant will conduct the conference call at 4:00 p.m. (Eastern Time) on January 31. Participants should dial 1-800-450-0785 and reference Conference Name, "CH Energy Group."

Ganci and Lant will begin the conference with a status report, which will be followed by a question-and-answer period for investment analysts. A digitized replay of the call will be available from 11:00 p.m. (Eastern Time) on January 31, 2003, until 11:59 p.m. (Eastern Time) on February 7, 2003, by dialing 1-800-475-6701 and entering access code #671667.

With more than 425,000 customers, CH Energy Group, Inc. is a family of companies seizing new opportunities in the energy marketplace through two primary subsidiaries: Central Hudson Gas & Electric Corporation and Central Hudson Enterprises Corporation (CHEC). Central Hudson is a regulated transmission and distribution utility serving approximately 345,000 customers in eight counties of New York State's Mid-Hudson River Valley. Central Hudson Enterprises Corporation (CHEC) is a family of competitive businesses delivering energy and related services to nearly 80,000 customers throughout the Northeast and greater Washington D.C. area.