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Investor News                                         NYSE:PEG
 For further information, contact:
         Kathleen A. Lally, Vice President – Investor Relations   Phone: 973-430-6565
         Greg McLaughlin, Sr. Investor Relations Analyst          Phone: 973-430-6568
         Yaeni Kim, Sr. Investor Relations Analyst                Phone: 973-430-6596

                                                                               November 3, 2008




TO:           THE FINANCIAL COMMUNITY

FROM:         KATHLEEN A. LALLY

RE:           PSEG TO WEBCAST PRESENTATION
              AT EEI FINANCIAL CONFERENCE


Ralph Izzo, Chairman, President and Chief Executive Officer of PSEG, and Thomas M.
O’Flynn, Executive Vice President and CFO of PSEG, will deliver a strategic presentation at
the EEI Financial Conference in Arizona on Tuesday, November 11, scheduled for 11:00 a.m.
ET. This presentation will be webcast and can be accessed through PSEG’s web site at:

                                   http://www.pseg.com/investor

In addition, PSEG’s slide presentation will be available on the web.

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public serviceenterprise group Investor 11/03/08

  • 1. Investor News NYSE:PEG For further information, contact: Kathleen A. Lally, Vice President – Investor Relations Phone: 973-430-6565 Greg McLaughlin, Sr. Investor Relations Analyst Phone: 973-430-6568 Yaeni Kim, Sr. Investor Relations Analyst Phone: 973-430-6596 November 3, 2008 TO: THE FINANCIAL COMMUNITY FROM: KATHLEEN A. LALLY RE: PSEG TO WEBCAST PRESENTATION AT EEI FINANCIAL CONFERENCE Ralph Izzo, Chairman, President and Chief Executive Officer of PSEG, and Thomas M. O’Flynn, Executive Vice President and CFO of PSEG, will deliver a strategic presentation at the EEI Financial Conference in Arizona on Tuesday, November 11, scheduled for 11:00 a.m. ET. This presentation will be webcast and can be accessed through PSEG’s web site at: http://www.pseg.com/investor In addition, PSEG’s slide presentation will be available on the web.