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DUQUESNE LIGHT COMPANY TO REDEEM FIRST MORTGAGE BONDS

 PITTSBURGH, Jan. 27 /PRNewswire/ -- Duquesne Light Company announced today that it is redeeming two series of first mortgage bonds on March 1, 1993, pursuant to the provisions of the Trust Indenture dated as of Aug. 1, 1947, as supplemented, between Duquesne Light Company and Mellon Bank, N.A., as trustee.
 The company will redeem all outstanding bonds of the following series:
 -- 9-1/2 percent Series due March 1, 2005; 47th Supplemental Indenture dated as of March 1, 1975; CUSIP Number 266228 AZ8 -- to be redeemed at 103.72 percent of principal amount plus accrued interest.
 -- 8-3/4 percent Series due March 1, 2000; 34th Supplemental Indenture dated as of March 1, 1970; CUSIP Number 266228 AR6 -- to be redeemed at 101.76 percent of principal amount plus accrued interest.
 A copy of the notice of redemption may be obtained by calling the Duquesne Light Bondholder Relations Department at 412-393-6167 or 1-800-247-0400.
 -0- 1/27/93
 /CONTACT: Dennis E. O'Neil, general manager, public affairs, of Duquesne Light Company, 412-393-4060/


CO: Duquesne Light Company ST: Pennsylvania IN: UTI SU:

CD -- PG004 -- 9523 01/27/93 10:19 EST
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Publication:PR Newswire
Date:Jan 27, 1993
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