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EXHIBIT 12

METROPOLITAN EDISON COMPANY

CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES

			Year Ended December 31,
									Jan. 1 — Nov. 6, 2001		: : :	Nov. 7 — Dec. 31, 2001			Year Ended Dec. 31, 2002		Six Months Ended June 30, 2003
			1998		1999		2000
							(Dollars in Thousands)
EARNINGS AS DEFINED IN REGULATION S-K:											: : :
	Income before extraordinary items		$	57,720	$	95,123	$	81,895	$	62,381	: :	$	14,617		$	63,224	$	29,672
	Interest and other charges, before reduction for amounts capitalized			59,687		61,842		55,181		48,568	: : :		8,461			50,969		24,525
	Provision for income taxes			37,423		61,396		44,088		39,449	:		10,905			44,372		19,832
	Interest element of rentals charged to income(a)			9,784		4,381		1,543		284	: :		(693	)		515		328
											:
		Earnings as defined	$	164,614	$	222,742	$	182,707	$	150,682	:	$	33,290		$	159,080	$	74,357
											:
FIXED CHARGES AS DEFINED IN REGULATION S-K:											: : :
	Interest on long-term debt		$	42,493	$	45,996	$	37,886	$	33,101	:		5,615		$	40,774	$	19,881
	Other interest expense			8,194		2,527		10,639		9,219	:		1,744			2,636		865
	Subsidiary's preferred stock dividend requirements			9,000		13,319		6,656		6,248	: :		1,102			7,559		3,779
	Interest element of rentals charged to income(a)			9,784		4,381		1,543		284	: :		(693	)		515		328
											:
		Fixed charges as defined	$	69,471	$	66,223	$	56,724	$	48,852	:	$	7,768		$	51,484	$	24,853
											:
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES				2.37		3.36		3.22		3.08	: : :		4.29			3.09		2.99
											:

(a)

Includes the interest element of rentals where determinable plus ¹/3 of rental expense where no readily defined interest element can be determined.

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EXHIBIT 12

METROPOLITAN EDISON COMPANY CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES