Stock Exchange Listings
New York (PSEG common and PSE&G preferred) Trading Symbol: PEG

Annual Meeting
Please note that the annual meeting of stockholders of Public Service Enterprise Group Incorporated will be held at the New Jersey Performing Arts Center (NJPAC), One Center Street, Newark, New Jersey, on Tuesday, April 16, 2002 at 2 p.m.

Stockholder Services
Please include your account number or social security number in any inquiry you may have about stock transfer, dividends, dividend reinvestment, direct deposit, missing or lost certificates, change of address requests, or for any other account specific request.

Stockholder Services on the Internet
Please visit the PSEG Stockholder Services site at www.pseg.com/investorinfo/stockholder. On this site you can get historical slock prices, dividend information, instructions on how to transfer shares, downloadable forms, information on direct deposit, certificate safekeeping, and information on additional stockholder services.

How to contact Stockholder Services
Toll free number: 800-242-0813
between 10 a.m. and 3:30 p.m. ET
Monday through Friday
Fax number: 973-824-7056
E-mail:
stkserv@pseg.com
Web address:
www.pseg.com/investorinfo/stockholder/

Mailing address:
Stockholder Services
PSEG Services Corporation
P.O. Box 1171
Newark, NJ 07101-1171

Security Analysts and Institutional Investors
For information contact:
Director—Investor Relations
973-430-6564

Proxy E-Delivery
Log on to www.pseg.com/edelivery to enroll for free delivery of future Annual Meeting documents. When copies of the Proxy Statement and Annual Report to Stockholders are distributed in connection with future Annual Meetings, you will receive an email alert that the materials are ready to be viewed electronically. This email will also provide instructions on how to vote your shares electronically. If you enroll, you will not receive copies of the Proxy Statement and Annual Report to Stockholders in the mail.

Transfer Agents
The transfer agents for the common and preferred stocks are:
Stockholder Services
PSEG Services Corporation
P.O. Box 1171
Newark, NJ 07101-1171

Continental Stock Transfer and Trust Company
17 Battery Place, 8th Floor
New York, NY 10004

Enterprise Direct—Stock Purchase and Dividend Reinvestment Plan
PSEG offers Enterprise Direct, a stock purchase and dividend reinvestment plan. For additional information, including a plan prospectus and an enrollment form, call or send us an e-mail with your current mailing address.

Dividends
Dividends on the common stock of PSEG, as declared by the Board of Directors, are generally payable on the last business day of March, June, September and December of each year. Regular quarterly dividends on PSE&G's preferred stock are payable on the last business day of March, June, September and December of each year.

Direct Deposit of Dividends
No more dividend checks delayed in the mail. No waiting in bank lines. Your quarterly common and preferred stock dividend payments can be deposited electronically to your personal checking or savings account. More information, including instructions and a downloadable form, is available on our website or by contacting us by phone. It's a free service.

Deposit of Certificates
To eliminate the risk and cost of loss, shareholders can deposit their certificates with the company and still receive a paid dividend.

	HIGH	2001 LOW	DIV.	HIGH	2000 LOW	DIV.
First Quarter	$48.50	$36.88	$.54	$36.00	$25.69	$.54
Second Quarter	51.55	41.80	.54	38.19	29.25	.54
Third Quarter	50.00	40.21	.54	45.69	32.88	.54
Fourth Quarter	44.20	38.70	.54	50.00	38.88	.54

The number of holders of record of Public Service Enterprise Group Incorporated common shares as of December 31,2001 was 119,944.