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DETROIT EDISON TO REDEEM BONDS

 DETROIT, Jan. 12 /PRNewswire/ -- The Detroit Edison Company (NYSE: DTE) today announced it will redeem all of its outstanding 1987 Series C, 9 3/4 percent general and refunding mortgage bonds due April 15, 2014, under its optional redemption provisions.
 The bonds will be redeemed Feb. 12, 1993, at a price of 107.03 percent plus interest accrued from Oct. 15, 1992. Interest on the bonds will cease to accrue on and after the redemption date.
 Bankers Trust Company is trustee for the company's mortgage bonds.
 -0- 1/12/93
 /CONTACT: Scott L. Simons, 313-237-8808, or Lorie N. Kessler, 313-237-8807, both of Detroit Edison/
 (DTE)


CO: The Detroit Edison Company ST: Michigan IN: UTI SU:

ML -- DE020 -- 4143 01/12/93 15:15 EST
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Publication:PR Newswire
Date:Jan 12, 1993
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