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REDEMPTION OF BALTIMORE GAS AND ELECTRIC COMPANY 4-1/2 PERCENT SERIES DUE 1994 FIRST REFUNDING MORTGAGE SINKING FUND BONDS

 BALTIMORE, Aug. 17 /PRNewswire/ -- Baltimore Gas and Electric Company (NYSE: BGE) announced today the redemption of all $29,916,000 principal amount outstanding 4-1/2 percent Series due 1994 First Refunding Mortgage Sinking Fund Bonds.
 This redemption will be made by Bankers Trust Company, Trustee, pursuant to the provisions of the Indenture.
 The 4 1/2 percent Series due 1994 First Refunding Mortgage Sinking Fund Bonds will be redeemed on Sept. 17, 1993, at 100.00 percent of principal, plus accrued interest from July 15, 1993, to, but not including, Sept. 17, 1993. The transfer books for the 4-1/2 percent Series due 1994 First Refunding Mortgage Sinking Fund Bonds will not be closed prior to the redemption date, but will be closed permanently at the opening of business on Sept. 17, 1993.
 Bondholders will receive a Notice of Redemption which is planned to be mailed on Aug. 17, 1993. Bonds may be presented in person to Bankers Trust Company, Corporate Trust and Agency Group, Securities Processing Services Division, at 123 Washington Street, Receipt and Delivery, 1st Floor, New York, New York 10006 or by mail to Bankers Trust Company, Corporate Trust and Agency Group, Securities Processing Services Division, Post Office Box 2579, Church Street Station, New York, New York 10008. Bonds may also be presented in person to Mercantile-Safe Deposit and Trust Company, Corporate Trust Department, 2 Hopkins Plaza - G Level, Baltimore, Maryland 21201 or by mail to Mercantile-Safe Deposit and Trust Company, Corporate Trust Department, Post Office Box 2258, Baltimore, Maryland 21203.
 -0- 8/17/93
 /CONTACT: Arthur J. Slusark of Baltimore Gas and Electric, 410-234-7433/
 (BGE)


CO: Baltimore Gas and Electric Company ST: Maryland IN: UTI SU:

MK -- PH022 -- 3663 08/17/93 15:25 EDT
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Publication:PR Newswire
Date:Aug 17, 1993
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