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SDG&E TO REDEEM $7.80 SERIES PREFERENCE STOCK

 SAN DIEGO, Aug. 6 /PRNewswire/ -- San Diego Gas & Electric will redeem all outstanding $7.80 series preference stock (AMEX: SDO Pr.E) on Sept. 7, 1993, the company announced today.
 Holders of the preference stock will be paid $101 per share plus accrued dividends of $1.1267 per share to the redemption date. Two hundred thousand shares are outstanding.
 -0- 8/6/93
 /CONTACT: Gretchen Griswold of SDG&E, 619-696-4309/
 (SDO Pr.E)


CO: San Diego Gas & Electric ST: California IN: UTI SU:

JB-LM -- SD003 -- 0388 08/06/93 15:55 EDT
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Publication:PR Newswire
Date:Aug 6, 1993
Words:92
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