About Edison International

Edison International (NYSE:EIX), through its subsidiaries, is a generator and distributor of electric power and an investor in infrastructure and energy assets, including renewable energy. Headquartered in Rosemead, Calif., Edison International is the parent company of Southern California Edison, the largest electric utility in California, and Edison Mission Group, a competitive power generation business and parent company to Edison Mission Energy and Edison Capital.

SOURCE: Edison International

Edison International 
Media relations: 
Charles Coleman, 626-302-7982 
Investor relations: 
Scott Cunningham, 626-302-2540

Extensive testing with the i MiEV has been occurring over the past two years with seven major utility companies in Japan. The success of these programs quickened the pace and prompted Mitsubishi Motors to begin selling the electric vehicle in the Japan market in summer of 2009.

The rise in interest for electric vehicles and other alternative-fuel propulsion systems is dramatically shaping the way automakers and utility companies are approaching the opportunity. Through this program, SCE hopes to help Mitsubishi Motors gauge how electric vehicles will most effectively connect to the smart grid of the future and the next generation Edison SmartConnectTM advanced meters. In addition, the collaboration may explore future requirements for vehicle communication and connection, helping enable new customer values associated with home energy management and control.

"Southern California Edison has more than 20 years and 16 million EV miles of experience operating the nation's largest private fleet of electric vehicles," said Edward Kjaer, SCE's director of electric transportation. "This new EV collaboration with Mitsubishi complements SCE's existing work on plug-in hybrids and next-generation advanced batteries and their effective connection and control by Edison's next-generation meters"

The i MiEV electric vehicle, which is based on Mitsubishi's "i" gasoline-powered mini car on sale in Japan, adapts a zero-emissions state-of-the-art electric drivetrain. A durable 330-volt lithium-ion battery system is located under the floor deck and powers a permanent magnet electric motor. With this packaging, the i MiEV is able to offer the same level of interior utility and space as the gasoline version while lowering the center of gravity for more stable handling. The 47 kW electric motor offers improved performance and quicker acceleration over the 64-hp gasoline version.

The advanced lithium-ion battery is developed by the Mitsubishi Motors Corporation / Mitsubishi Corporation / GS Yuasa joint venture company, Lithium Energy Japan. LEJ represents the leading edge in battery technology and promises up to 100 miles* of zero-emissions, economical driving on a single charge when packaged in the i MiEV.

* Japan 10-15 Mode Cycle

About SCE

An Edison International company, Southern California Edison is one of the nation's largest electric utilities, serving a population of more than 13 million via 4.8 million customer accounts in a 50,000-square-mile service area within central, coastal and Southern California. SCE's EV Technical Center, unique in the utility industry, partners with automakers and battery manufacturers to conduct industry-leading prototype testing and evaluation on battery EV, plug-in hybrid EV and fuel cell EV vehicles. For more information, see www.sce.com.

About Mitsubishi Motors

Mitsubishi Motors Corporation (TSE: 7211) was established in 1970 and is one of the few automobile companies in the world that produces a full line of automotive products ranging from 660-cc mini cars and passenger cars to commercial vehicles and heavy-duty trucks and buses. The company also operates consumer financing services and provides this to its customer base. For more information, please visit www.mitsubishi-motors.com .

Contact:

Mitsubishi Motors
Public Relations Department
http://www.mitsubishi-motors.com
+81-3-6719-2111

In the year-ago period, the company reported adjusted earnings of $239 million, or 73 cents a share, on revenue of $3.05 billion.

Edison affirmed its 2008 adjusted earnings estimate of $3.61 to $4.01 a share. Wall Street is looking for $3.92 a share.

Shares of Edison closed Thursday at $46.45. Ryan Vlastelica rv/tk1

COPYRIGHT

Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

MMMM