PSEG announced seven executive moves including the election of three new corporate vice presidents. The moves are designed to strengthen succession planning, better align with long-term business needs, and help develop leadership talents. Eileen Moran will take on additional duties leading strategic initiatives. Kevin Quinn will shift to a new role in corporate planning. Al Matos and Michelle Hallerdin will also take on new roles in renewable energy and strategic planning respectively. Richard Machon, David Daly, and Cora Brina were elected as new vice presidents in fossil operations, energy acquisition, and human resources client services.

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
January 16, 2008
PUBLIC SERVICE ENTERPRISE GROUP ANNOUNCES
SEVEN EXECUTIVE MOVES,
INCLUDING THE ELECTION OF THREE NEW OFFICERS
Changes Designed To Strengthen Organization and Respond to New Opportunities
(Newark, NJ) Public Service Enterprise Group (PSEG) today announced seven executive
moves, including the election of three corporate vice presidents.
Ralph Izzo, chairman, president and CEO, PSEG said the moves are designed to improve
the company’s succession planning, better align the organization with its long-term business
needs and help develop the talents of the company’s leadership team.
“These changes strengthen our ability to quickly develop strategies and nimbly seize
opportunities around significant issues as they emerge, such as society’s growing desire to
reduce carbon emissions,” Izzo said.
Eileen Moran, president of PSEG Resources, will take on additional duties as senior vice-
president for strategic initiatives, PSEG Services. “Eileen has shown creativity and insight in
producing a tremendous record of success at Resources, our investment business,” Izzo
said. “Eileen will help define the long-term direction and opportunities for the Services
Corporation, which provides support to our operating businesses.”
Kevin Quinn who has been president, PSEG Energy Resources & Trade (ER&T), will
become senior vice-president, corporate planning, PSEG. “Kevin has successfully rebuilt
ER&T since becoming its president,” Izzo said. “He will take his stronger understanding of
the power and trading markets to his new position where he will focus on planning how the
company can take maximum advantage of the rapid changes occurring in the energy
markets.” Quinn will continue as president of ER&T until a successor is named.
Al Matos, currently vice president, distribution operations, PSEG Global, will become vice-
president for renewables and energy solutions at PSE&G. Matos will help the utility explore
new opportunities in the renewable energy and conservation markets.
Michelle Hallerdin, currently vice-president of workforce planning and talent management,
PSEG Services Corp., will become vice-president, strategic planning and finance, PSEG
Global.

2. PSEG also announced the following new officers:
• Richard Machon, currently an independent consultant with 30 years of experience in
design, construction, operations, and maintenance of power facilities will become
senior vice-president, fossil operations in PSEG Power.
• David Daly, currently director in PSE&G’s customer operations group, will become
vice-president, energy acquisition and technology, for the utility.
• Cora Brina, currently a director in PSEG’s human resources department, will become
vice-president, HR client services.
Public Service Enterprise Group (PSEG) (NYSE:PEG) is a publicly traded diversified energy company
with annual revenues of more than $12 billion, and three principal subsidiaries: PSEG Power, PSEG
Energy Holdings, and Public Service Electric and Gas Company (PSE&G). PSEG Power, one of the
largest independent power producers in the U.S. has three main subsidiaries: PSEG Fossil LLC,
PSEG Nuclear LLC, and PSEG Energy Resources & Trade LLC. PSEG Energy Holdings, with assets
in excess of $6 billion, has two main unregulated energy-related businesses: PSEG Global and PSEG
Resources. PSE&G, New Jersey’s oldest and largest regulated gas and electric delivery utility, serves
nearly three-quarters of the state’s population and the winner of the ReliabilityOne Award for superior
electric system reliability. PSEG Services Corporation provides corporate support to the operating
businesses.
###