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news release

ROCHESTER GAS AND ELECTRIC CORPORATION ANNOUNCES PARTIAL REDEMPTION OF $100,000,000 PRINCIPAL AMOUNT FIRST MORTGAGE 6.950% BONDS, DUE 2011, DESIGNATED SERIES TT

Rochester, NY - December 1, 2010 – Rochester Gas and Electric Corporation (RG&E) announced today that it will redeem $100,000,000 principal amount First Mortgage 6.950% Bonds, due 2011, designated Series TT (CUSIP No. 771367BR9), on December 31, 2010 plus accrued interest and redemption premium. 

Deutsche Bank Trust Company Americas shall act as Trustee.  Payment of the redemption price on the Bonds will be made upon presentation and surrender of the Bonds to the Trustee by mail or by overnight courier at:

DB Services Americas, Inc.
MS: JCK01-0218
5022 Gate Parkway, Suite 200
Jacksonville, FL  32256 

The telephone number of Deutsche Bank Trust Company Americas is: 1-800-735-7777.

About RG&E: RG&E is a subsidiary of Iberdrola USA. RG&E serves 362,000 electricity customers and 299,000 natural gas customers in a nine-county region centered on the City of Rochester. Providing outstanding customer service and meeting our customers’ energy requirements in an environmentally-responsible manner, RG&E is a valuable asset to the communities we serve. For more information, visit www.rge.com.

About Iberdrola USA: Iberdrola USA, a subsidiary of global energy leader Iberdrola, S.A., is an energy services and delivery company serving about 3 million customers throughout upstate New York and New England. For more information about Iberdrola USA, visit www.iberdrolausa.com.