FirstEnergy Operating Companies Declare Preferred Dividends

Apr 02, 2001, 01:00 ET from FirstEnergy Corp.

    April 2 /PRNewswire/ -- The boards of directors of FirstEnergy Corp.'s
 (NYSE:   FE) electric utility operating companies -- Ohio Edison Company and its
 Pennsylvania Power Company subsidiary, The Cleveland Electric Illuminating
 Company and Toledo Edison Company -- today declared the following quarterly
 dividends on preferred stocks.
 
     Ohio Edison Company
 
                           Dividend       Payment      Record
       Series              Per Share       Date         Date
 
     4.56% - D             $ 1.14        06/01/01     05/15/01
     8.45%                 $ 2.1125      06/16/01     06/01/01
     3.90% - A             $ 0.975       07/01/01     06/15/01
     4.40% - B             $ 1.10        07/01/01     06/15/01
     4.44% - C             $ 1.11        07/01/01     06/15/01
     7.75% - M             $ 0.4844      07/01/01     06/15/01
 
 
     Pennsylvania Power Company
 
                           Dividend        Payment      Record
     Series                Per Share        Date         Date
 
     4.25%                  $1.0625       05/01/01     04/12/01
     4.24%                  $1.06         06/01/01     05/15/01
     4.64%                  $1.16         06/01/01     05/15/01
     7.625%                 $1.90625      07/01/01     06/15/01
     7.75%                  $1.9375       07/01/01     06/15/01
 
 
     The Cleveland Electric Illuminating Company
 
                          Dividend        Payment       Record
     Series               Per Share        Date          Date
 
     7.35% - C             $ 1.8375      05/01/01      04/12/01
     $90.00 - S            $22.50        05/01/01      04/12/01
     $42.40 - T            $10.60        05/01/01      04/12/01
     7.40% - A             $ 1.85        06/01/01      05/15/01
     $91.50 - Q            $22.875       06/01/01      05/15/01
     $88.00 - R            $22.00        06/01/01      05/15/01
     7.56% - B             $ 1.89        07/01/01      06/15/01
     Adjustable Rate - L   $ 1.75        07/01/01      06/15/01
 
 
     Toledo Edison Company
                          Dividend       Payment      Record
     Series               Per Share        Date         Date
 
     4-1/4%                $ 1.0625      06/01/01     05/15/01
     4.25%                 $ 1.0625      06/01/01     05/15/01
     4.56%                 $ 1.14        06/01/01     05/15/01
     7.76%                 $ 1.94        06/01/01     05/15/01
     7.80%                 $ 1.95        06/01/01     05/15/01
     8.32%                 $ 2.08        06/01/01     05/15/01
     10%                   $ 2.50        06/01/01     05/15/01
     8.84%                 $ 0.5525      06/01/01     05/15/01
     $2.365                $ 0.59125     06/01/01     05/15/01
     Adjustable Rate - A   $ 0.4375      06/01/01     05/15/01
     Adjustable Rate - B   $ 0.4375      06/01/01     05/15/01
 
 

SOURCE FirstEnergy Corp.
    April 2 /PRNewswire/ -- The boards of directors of FirstEnergy Corp.'s
 (NYSE:   FE) electric utility operating companies -- Ohio Edison Company and its
 Pennsylvania Power Company subsidiary, The Cleveland Electric Illuminating
 Company and Toledo Edison Company -- today declared the following quarterly
 dividends on preferred stocks.
 
     Ohio Edison Company
 
                           Dividend       Payment      Record
       Series              Per Share       Date         Date
 
     4.56% - D             $ 1.14        06/01/01     05/15/01
     8.45%                 $ 2.1125      06/16/01     06/01/01
     3.90% - A             $ 0.975       07/01/01     06/15/01
     4.40% - B             $ 1.10        07/01/01     06/15/01
     4.44% - C             $ 1.11        07/01/01     06/15/01
     7.75% - M             $ 0.4844      07/01/01     06/15/01
 
 
     Pennsylvania Power Company
 
                           Dividend        Payment      Record
     Series                Per Share        Date         Date
 
     4.25%                  $1.0625       05/01/01     04/12/01
     4.24%                  $1.06         06/01/01     05/15/01
     4.64%                  $1.16         06/01/01     05/15/01
     7.625%                 $1.90625      07/01/01     06/15/01
     7.75%                  $1.9375       07/01/01     06/15/01
 
 
     The Cleveland Electric Illuminating Company
 
                          Dividend        Payment       Record
     Series               Per Share        Date          Date
 
     7.35% - C             $ 1.8375      05/01/01      04/12/01
     $90.00 - S            $22.50        05/01/01      04/12/01
     $42.40 - T            $10.60        05/01/01      04/12/01
     7.40% - A             $ 1.85        06/01/01      05/15/01
     $91.50 - Q            $22.875       06/01/01      05/15/01
     $88.00 - R            $22.00        06/01/01      05/15/01
     7.56% - B             $ 1.89        07/01/01      06/15/01
     Adjustable Rate - L   $ 1.75        07/01/01      06/15/01
 
 
     Toledo Edison Company
                          Dividend       Payment      Record
     Series               Per Share        Date         Date
 
     4-1/4%                $ 1.0625      06/01/01     05/15/01
     4.25%                 $ 1.0625      06/01/01     05/15/01
     4.56%                 $ 1.14        06/01/01     05/15/01
     7.76%                 $ 1.94        06/01/01     05/15/01
     7.80%                 $ 1.95        06/01/01     05/15/01
     8.32%                 $ 2.08        06/01/01     05/15/01
     10%                   $ 2.50        06/01/01     05/15/01
     8.84%                 $ 0.5525      06/01/01     05/15/01
     $2.365                $ 0.59125     06/01/01     05/15/01
     Adjustable Rate - A   $ 0.4375      06/01/01     05/15/01
     Adjustable Rate - B   $ 0.4375      06/01/01     05/15/01
 
 SOURCE  FirstEnergy Corp.