Changes in Capitalization

9 Months Ended

Sep. 30, 2013

Changes in Capitalization

Changes in Capitalization

The following capital transactions occurred in the nine months endedSeptember 30, 2013:

Power

• paid cash dividends of $690 million to PSEG, and

• paid $300 million of 2.50% Senior Notes at maturity.

PSE&G

• issued $350 million of 2.30% Secured Medium-Term Notes, Series I due September 2018,

• issued $250 million of 3.75% Secured Medium-Term Notes, Series I due March 2024,

• paid $300 million of 5.375% Secured Medium-Term Notes at maturity,

• issued $500 million of 2.375% Secured Medium-Term Notes, Series I due May 2023,

• paid $150 million of 5.00% Secured Medium-Term Notes at maturity,

• issued $400 million of 3.80% Secured Medium-Term Notes, Series H due January 2043,

• received a $100 million capital contribution from PSEG,

• paid $156 million of Transition Funding's securitization debt, and

• paid $6 million of Transition Funding II's securitization debt.

Power [Member]

Changes in Capitalization

Changes in Capitalization

The following capital transactions occurred in the nine months endedSeptember 30, 2013:

Power

• paid cash dividends of $690 million to PSEG, and

• paid $300 million of 2.50% Senior Notes at maturity.

PSE&G

• issued $350 million of 2.30% Secured Medium-Term Notes, Series I due September 2018,

• issued $250 million of 3.75% Secured Medium-Term Notes, Series I due March 2024,

• paid $300 million of 5.375% Secured Medium-Term Notes at maturity,

• issued $500 million of 2.375% Secured Medium-Term Notes, Series I due May 2023,

• paid $150 million of 5.00% Secured Medium-Term Notes at maturity,

• issued $400 million of 3.80% Secured Medium-Term Notes, Series H due January 2043,

• received a $100 million capital contribution from PSEG,

• paid $156 million of Transition Funding's securitization debt, and

• paid $6 million of Transition Funding II's securitization debt.

PSE And G [Member]

Changes in Capitalization

Changes in Capitalization

The following capital transactions occurred in the nine months endedSeptember 30, 2013:

Power

• paid cash dividends of $690 million to PSEG, and

• paid $300 million of 2.50% Senior Notes at maturity.

PSE&G

• issued $350 million of 2.30% Secured Medium-Term Notes, Series I due September 2018,

• issued $250 million of 3.75% Secured Medium-Term Notes, Series I due March 2024,

• paid $300 million of 5.375% Secured Medium-Term Notes at maturity,

• issued $500 million of 2.375% Secured Medium-Term Notes, Series I due May 2023,

• paid $150 million of 5.00% Secured Medium-Term Notes at maturity,

• issued $400 million of 3.80% Secured Medium-Term Notes, Series H due January 2043,

• received a $100 million capital contribution from PSEG,

• paid $156 million of Transition Funding's securitization debt, and

• paid $6 million of Transition Funding II's securitization debt.