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<SEC-DOCUMENT>0000092103-06-000029.txt : 20061208
<SEC-HEADER>0000092103-06-000029.hdr.sgml : 20061208
<ACCEPTANCE-DATETIME>20061207193146
ACCESSION NUMBER:		0000092103-06-000029
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		8
CONFORMED PERIOD OF REPORT:	20061204
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20061208
DATE AS OF CHANGE:		20061207

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SOUTHERN CALIFORNIA EDISON CO
		CENTRAL INDEX KEY:			0000092103
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		IRS NUMBER:				951240335
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-02313
		FILM NUMBER:		061263907

	BUSINESS ADDRESS:	
		STREET 1:		2244 WALNUT GROVE AVE
		STREET 2:		P O BOX 800
		CITY:			ROSEMEAD
		STATE:			CA
		ZIP:			91770
		BUSINESS PHONE:		6263021212

	MAIL ADDRESS:	
		STREET 1:		2244 WALNUT GROVE AVE
		CITY:			ROSEMEAD
		STATE:			CA
		ZIP:			91770
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===============================================================================================================

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                                                 UNITED STATES
                                      SECURITIES AND EXCHANGE COMMISSION
                                            Washington, D.C. 20549


                                                   FORM 8-K



                                                CURRENT REPORT

                    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934



                      Date of Report (Date of earliest event reported): December 4, 2006



                                      SOUTHERN CALIFORNIA EDISON COMPANY
                            (Exact name of registrant as specified in its charter)



             CALIFORNIA                    001-2313                        95-1240335
    (State or other jurisdiction          (Commission                   (I.R.S. Employer
          of incorporation)              File Number)                  Identification No.)


                                           2244 Walnut Grove Avenue
                                                (P.O. Box 800)
                                          Rosemead, California 91770
                         (Address of principal executive offices, including zip code)

                                                 626-302-1212
                             (Registrant's telephone number, including area code)

===============================================================================================================
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions:
===============================================================================================================

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



Item 8.01.  Other Events.

        On December 4, 2006, Southern California Edison Company agreed to sell $400,000,000 principal amount
of its 5.55% First and Refunding Mortgage Bonds, Series 2006E, Due 2037, (the "Bonds").  For further
information concerning the Bonds, refer to the exhibits contained in this Current Report on Form 8-K.


Item 9.01.  Financial Statements and Exhibits.

(c)     Exhibits



                                                  SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned hereunto duly authorized.


                                            SOUTHERN CALIFORNIA EDISON COMPANY
                                                       (Registrant)


                                                   /s/ LINDA G. SULLIVAN
                                   -----------------------------------------------------
                                                     LINDA G. SULLIVAN
                                               Vice President and Controller


December 4, 2006






                                                 EXHIBIT INDEX

- --------------- --------------------------------------------------------------------------
Exhibit No.     Description

- --------------- --------------------------------------------------------------------------
- --------------- --------------------------------------------------------------------------

1               Underwriting Agreement dated as of December 4, 2006
- --------------- --------------------------------------------------------------------------
- --------------- --------------------------------------------------------------------------

4.1             One Hundred Fourteenth Supplemental Indenture dated as of December 4,
                2006
- --------------- --------------------------------------------------------------------------
- --------------- --------------------------------------------------------------------------

4.2             Certificate as to Actions Taken by Officer of Southern California Edison
                Company, dated as of December 4, 2006
- --------------- --------------------------------------------------------------------------
- --------------- --------------------------------------------------------------------------

5               Opinion of Counsel
- --------------- --------------------------------------------------------------------------
- --------------- --------------------------------------------------------------------------

12.1            Statement re Computation of Ratios of Earnings to Combined Fixed Charges
                and Preferred Equity Dividends
- --------------- --------------------------------------------------------------------------
- --------------- --------------------------------------------------------------------------

12.2            Statement re Computation of Ratios of Earnings to Fixed Charges
- --------------- --------------------------------------------------------------------------
- --------------- --------------------------------------------------------------------------

25              Statement of Eligibility on Form T-1 under the Trust Indenture Act of
                1939, as amended, of the Bank of New York Trust Company, N.A., as
                Trustee under the Indenture
- --------------- --------------------------------------------------------------------------


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                                                                                              Execution Version


                                      Southern California Edison Company

                $400,000,000 5.550% First and Refunding Mortgage Bonds, Series 2006E, Due 2037

                                            Underwriting Agreement

                                                                                             New York, New York

                                                                                               December 4, 2006

ABN AMRO Incorporated
Greenwich Capital Markets, Inc.
J.P. Morgan Securities Inc.
UBS Securities LLC
   As Representatives of the several Underwriters
c/o J.P. Morgan Securities Inc.
270 Park Avenue
New York, New York  10017

Ladies and Gentlemen:

               Southern California Edison Company, a corporation organized under the laws of the State of
California (the "Company"), proposes to sell to the several underwriters named in Schedule I hereto (the
"Underwriters"), for whom you (the "Representatives") are acting as representatives, $400,000,000 principal
amount of its 5.550% First and Refunding Mortgage Bonds, Series 2006E, Due 2037 (the "Securities"), to be
issued under the One Hundred Fourteenth Supplemental Indenture (the "Supplemental Indenture") to be dated as
of December 4, 2006, to a Trust Indenture dated as of October 1, 1923 (the "Trust Indenture" and, as
supplemented by the Supplemental Indenture, the "Indenture") between the Company and The Bank of New York
Trust Company, N.A., as successor to Harris Trust and Savings Bank, and D.G. Donovan, as successor trustee to
Pacific-Southwest Trust and Savings Bank, as trustees (the "Trustees").  To the extent there are no additional
Underwriters listed on Schedule I other than you, the term Representatives as used herein shall mean you, as
Underwriters, and the terms Representatives and Underwriters shall mean either the singular or plural as the
context requires.  Any reference herein to the Registration Statement, the Base Prospectus, any Preliminary
Prospectus Supplement or the Final Prospectus Supplement shall be deemed to refer to and include the
documents incorporated by reference therein pursuant to Item 12 of Form S-3 which were filed under the
Exchange Act on or before the Effective Date of the Registration Statement or the issue date of the Base
Prospectus, any Preliminary Prospectus Supplement or the Final Prospectus Supplement, as the case may be; and
any reference herein to the terms "amend", "amendment" or "supplement" with respect to the Registration
Statement, the Base Prospectus, any Preliminary Prospectus Supplement or the Final Prospectus Supplement
shall be deemed to refer to and include the filing of any document under the Exchange Act after the Effective
Date of the Registration Statement or the issue date of the Base Prospectus, any Preliminary Prospectus
Supplement or the Final Prospectus Supplement, as the case may be, deemed to be incorporated therein by
reference.  Certain terms used herein are defined in Section 19 hereof.

Page 1



1.      Representations  and  Warranties.  The  Company  represents  and  warrants  to, and agrees  with,  each
Underwriter as set forth below in this Section 1.

(a)     The Company  meets the  requirements  for use of Form S-3 under the Act and has prepared and filed with
        the  Commission  an  automatic  shelf  registration  statement,  as defined in  Rule 405  (File  Number
        333-136394) on Form S-3,  including a related Base Prospectus,  for  registration  under the Act of the
        offering  and sale of the  Securities.  The  Company  may have  filed one or more  amendments  thereto,
        including a Preliminary Prospectus  Supplement,  each of which has previously been furnished to you and
        became  effective  upon  filing.  The Company  will next file with the  Commission  a Final  Prospectus
        Supplement  relating to the Securities in accordance with Rule 424(b). The Registration  Statement,  at
        the Execution Time, is effective and meets the requirements set forth in Rule 415(a)(1)(x).

(b)     On each Effective Date, the  Registration  Statement did, and when the Final  Prospectus  Supplement is
        first  filed in  accordance  with Rule 424(b) and on the Closing  Date (as defined  herein),  the Final
        Prospectus  Supplement  (and any  supplement  thereto) will,  comply in all material  respects with the
        applicable  requirements  of the Act, the Exchange Act and the Trust  Indenture Act and the  respective
        rules thereunder;  on each Effective Date and at the Execution Time, the Registration Statement did not
        and will not  contain  any untrue  statement  of a  material  fact or omit to state any  material  fact
        required to be stated therein or necessary in order to make the statements  therein not misleading;  on
        each Effective  Date and on the Closing Date the Indenture did or will comply in all material  respects
        with the applicable  requirements of the Trust Indenture Act and the rules thereunder;  and on the date
        of any filing  pursuant  to Rule  424(b)  and on the  Closing  Date,  the Final  Prospectus  Supplement
        (together  with any  supplement  thereto)  will not include any untrue  statement of a material fact or
        omit to state a material fact  necessary in order to make the statements  therein,  in the light of the
        circumstances under which they were made, not misleading;  provided, however, that the Company makes no
        representations or warranties as to (i) that part of the Registration  Statement which shall constitute
        the  Statement  of  Eligibility  and  Qualification  (Form  T-1) under the Trust  Indenture  Act of the
        Trustees or (ii) the information  contained in or omitted from the Registration  Statement or the Final
        Prospectus  Supplement (or any supplement  thereto) in reliance upon and in conformity with information
        furnished  in writing to the Company by or on behalf of any  Underwriter  through  the  Representatives
        specifically  for inclusion in the Registration  Statement or the Final  Prospectus  Supplement (or any
        supplement thereto),  it being understood and agreed that the only such information  furnished by or on
        behalf of any Underwriter consists of the information described as such in Section 8 hereof.

(c)     As of the Initial  Sale Time,  the  Disclosure  Package and the Final Term Sheet (as defined in Section
        5(b) below) when taken together as a whole,  do not contain any untrue  statement of a material fact or
        omit to state any material fact necessary in order to make the statements  therein, in the light of the
        circumstances  under which they were made,  not  misleading.  The preceding  sentence does not apply to
        statements  in or  omissions  from the  Disclosure  Package or the Final  Term Sheet  based upon and in
        conformity  with  written  information  furnished  to  the  Company  by  any  Underwriter

Page 2



        through  the Representatives  specifically  for use  therein,  it being  understood  and  agreed  that
        the only such information furnished by or on behalf of any Underwriter consists of the information described
        as such in Section 8 hereof.

(d)     (i) At the time of filing the  Registration  Statement,  (ii) at the time of the most recent  amendment
        thereto for the purposes of complying  with Section  10(a)(3) of the Act (whether such amendment was by
        post-effective  amendment,  incorporated  report filed pursuant to Sections 13 or 15(d) of the Exchange
        Act or form of  prospectus),  (iii) at the time the Company or any person acting on its behalf  (within
        the  meaning,  for this clause  only,  of Rule 163(c))  made any offer  relating to the  Securities  in
        reliance on the  exemption  in Rule 163, and (iv) at the  Execution  Time (with such date being used as
        the determination  date for purposes of this clause (iv)), the Company was or is (as the case may be) a
        "well-known  seasoned  issuer" as defined in Rule 405. The Company  agrees to pay the fees  required by
        the Commission  relating to the Securities within the time required by Rule 456(b)(1) without regard to
        the proviso therein and otherwise in accordance with Rules 456(b) and 457(r).

(e)     (i) At the earliest  time after the filing of the  Registration  Statement  that the Company or another
        offering  participant  made a bona fide offer (within the meaning of Rule  164(h)(2)) of the Securities
        and (ii) as of the Execution Time (with such date being used as the determination  date for purposes of
        this  clause  (ii)),  the  Company  was not and is not an  Ineligible  Issuer (as defined in Rule 405),
        without  taking  account of any  determination  by the  Commission  pursuant to Rule 405 that it is not
        necessary that the Company be considered an Ineligible Issuer.

(f)     Neither any Issuer Free  Writing  Prospectus  nor the Final Term Sheet  includes any  information  that
        conflicts  with the  information  contained  in the  Registration  Statement,  including  any  document
        incorporated by reference  therein and any prospectus  supplement  deemed to be a part thereof that has
        not been  superseded or modified.  The foregoing  sentence does not apply to statements in or omissions
        from the  Disclosure  Package  or the Final  Term  Sheet  based  upon and in  conformity  with  written
        information  furnished to the Company by any Underwriter through the  Representatives  specifically for
        use therein,  it being understood and agreed that the only such  information  furnished by or on behalf
        of any Underwriter consists of the information described as such in Section 8 hereof.

(g)     The  Company  is not and,  after  giving  effect to the  offering  and sale of the  Securities  and the
        application  of the proceeds  thereof as described in the  Preliminary  Prospectus  Supplement  and the
        Final Prospectus  Supplement,  will not be an "investment company" as defined in the Investment Company
        Act of 1940, as amended.

(h)     The Company has been duly  incorporated and is validly existing as a corporation in good standing under
        the laws of the State of California  with full corporate  power and authority to own or lease,  as the
        case may be, and to operate its  properties  and conduct its business as described in the  Registration
        Statement,  Preliminary  Prospectus  Supplement and  the  Final  Prospectus  Supplement,  and is  duly
        qualified to do business as

Page 3



        a foreign  corporation  and is in good  standing  under the laws of each jurisdiction that requires such
        qualification.

(i)     There is no  franchise,  contract  or other  document of a character  required to be  described  in the
        Registration  Statement,  the Preliminary Prospectus Supplement or the Final Prospectus Supplement,  or
        to be filed as an exhibit thereto,  which is not described or filed as required;  and the statements in
        the Preliminary  Prospectus Supplement and the Final Prospectus Supplement under the heading "Summary -
        Southern  California Edison Company" and the statements  incorporated  into the Preliminary  Prospectus
        Supplement and the Final Prospectus  Supplement from the sections  entitled  "Business-Regulation"  and
        "-Environmental  Matters"  in the  Company's  Annual  Report on Form  10-K for the  fiscal  year  ended
        December  31, 2005 (the "Form  10-K"),  as  supplemented  by  information  contained  in the  Company's
        subsequent  Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, which are incorporated into
        the  Preliminary  Prospectus  Supplement  and the Final  Prospectus  Supplement,  fairly  summarize the
        matters therein described in all material respects.

(j)     This Agreement has been duly authorized, executed and delivered by the Company.

(k)     The Securities and the Indenture conform in all material respects to the description  thereof contained
        in the Registration  Statement,  Preliminary Prospectus Supplement and the Final Prospectus Supplement;
        each of the Trust  Indenture and the  Supplemental  Indenture  has been duly  authorized by the Company
        and, assuming due  authorization,  execution and delivery thereof by the Trustees,  the Trust Indenture
        constitutes  and, as  supplemented  by the  Supplemental  Indenture  when executed and delivered by the
        Company,  will constitute a legal,  valid, and binding  instrument  enforceable  against the Company in
        accordance  with its terms  (subject,  as to  enforcement of remedies,  to (A)  applicable  bankruptcy,
        fraudulent  conveyance,  fraudulent  transfer,   reorganization,   insolvency,   moratorium,  equitable
        subordination  or other laws affecting  creditors'  rights generally from time to time in effect and to
        general principles of equity, (B) the terms of the franchises,  licenses,  easements,  leases, permits,
        contracts and other instruments under which the mortgaged  property is held or operated,  (C) as to its
        enforceability  in respect of the Company's  interest in nuclear energy  facilities,  the provisions of
        the Atomic Energy Act of 1954 and regulations  thereunder,  (D) as to its  enforceability in respect of
        the  interest  of the  Company  in the Four  Corners  Generating  Station  and the  easement  and lease
        therefor,  to possible  defects in title,  including  possible  conflicting  grants or encumbrances not
        ascertainable  because of the absence of or inadequacies in the applicable recording law and the record
        system of the Bureau of Indian Affairs and the Navajo Nation, to the possible  inability of the Company
        to resort to legal  process to enforce  its rights  against  the Navajo  Nation  without  Congressional
        consent and, in the case of the Company's lease, to possible  impairment or termination  under certain
        circumstances  by Congress or the Secretary of the Interior and (E) such other liens,  prior rights and
        encumbrances  none of which  (with the  possible  exception  of the  matter  referred  to in clause (D)
        above),  with immaterial  exceptions,  affects from a legal standpoint the security for the Securities,
        the ability of the Trustees to foreclose on the property  subject to the liens created by the Indenture
        or the Company's  right to use

Page 4



        such  properties in its  business);  the  Securities  have been duly and
        validly  authorized,  and,  when issued and delivered to and paid for by the  Underwriters  pursuant to
        this Agreement, will be fully paid and nonassessable.

(l)     No consent, approval,  authorization,  filing with or order of any court or governmental agency or body
        is required in connection with the transactions  contemplated herein, except such as have been obtained
        (i) under the Act,  (ii) from the  California  Public  Utilities  Commission  and (iii)  such as may be
        required under the blue sky laws of any  jurisdiction in connection with the purchase and  distribution
        of the  Securities  by the  Underwriters  in the manner  contemplated  herein  and in the  Registration
        Statement, Preliminary Prospectus Supplement and the Final Prospectus Supplement.

(m)     All such  filings,  recordings,  indexings and postings to  geographical  indexes have been made in (x)
        county real estate records or offices of county recorders,  (y) Federal and State offices,  bureaus and
        agencies  and (z)  offices of the Navajo  Nation as are  necessary  under  applicable  law to  perfect,
        preserve  and protect the lien  created by the  Indenture  or ensure that such  filings,  recordations,
        postings and indexings  are fully  effective to give  constructive  notice,  constructive  knowledge or
        implied  notice,  as  applicable,  of such lien and the  property  subject  thereto to all  purchasers,
        mortgagees and  encumbrancers  of such property  (other than  after-acquired  property) who become such
        subsequent to the date of such recording, filing, posting or indexing.

(n)     The Indenture will  constitute a legally valid first lien or charge,  to the extent that it purports to
        be such,  on  substantially  all of the  property now owned by the Company to the extent and subject to
        the exceptions,  defects, qualifications and other matters set forth or referred to in the Registration
        Statement,  Preliminary Prospectus Supplement and the Final Prospectus Supplement or in Section 1(k) of
        this  Agreement,  and to such  other  matters  that  do not  materially  affect  the  security  for the
        Securities.

(o)     Neither the issue and sale of the  Securities  nor the  consummation  of any other of the  transactions
        herein  contemplated nor the fulfillment of the terms hereof will conflict with,  result in a breach or
        violation  of, or  imposition  of any lien,  charge or  encumbrance  upon any property or assets of the
        Company  or SCE  Funding  LLC  pursuant  to,  (i) the  articles  of  incorporation,  by-laws  or  other
        organizational  documents of the Company or SCE Funding LLC,  (ii) the  terms of any  indenture  (other
        than, solely with respect to the imposition of liens,  charges and encumbrances upon property or assets
        of the Company or SCE Funding  LLC,  the lien  created by the  Indenture  in favor of the  Securities),
        contract,  lease,  mortgage,  deed of  trust,  note  agreement,  loan  agreement  or  other  agreement,
        obligation,  condition,  covenant or  instrument  to which the Company or SCE Funding LLC is a party or
        bound or to which its or their  property is subject,  or  (iii) any  statute,  law,  rule,  regulation,
        judgment,  order or decree applicable to the Company or SCE Funding LLC of any court,  regulatory body,
        administrative  agency,  governmental body,  arbitrator or other authority having jurisdiction over the
        Company or SCE Funding LLC or any of its or their properties.

(p)     The  consolidated  historical  financial  statements and schedules of the Company and its  consolidated
        subsidiaries  incorporated by reference in the Preliminary

Page 5



        Prospectus Supplement,  the Final Prospectus Supplement and the Registration  Statement (the "Financial
        Statements") present fairly in all material respects the financial  condition,  results of operations
        and cash flows of the Company as of the dates and for the periods  indicated,  comply as to form with the
        applicable  accounting  requirements of the Act and have been prepared in conformity with generally  accepted
        accounting  principles  applied on a consistent  basis  throughout the periods  involved  (except as
        otherwise noted therein).  The selected financial  data set forth under the caption "Selected  Financial
        Data" in the  Company's Form 10-K, incorporated by reference in the Preliminary  Prospectus  Supplement,
        the Final Prospectus  Supplement and  Registration Statement fairly present, on the basis stated in the
        Form 10-K,  the  information included therein.  The financial information included or incorporated in the
        Preliminary  Prospectus Supplement and the Final Prospectus  Supplement complies with the requirements of
        Regulation G and Item 10(e) of Regulation S-K under the Act.

(q)     PricewaterhouseCoopers  LLP, who have  certified  certain  financial  statements of the Company and its
        consolidated  subsidiaries  and  delivered  their  report  with  respect  to the  audited  consolidated
        financial  statements and schedules for the year ended December 31, 2005  incorporated  by reference in
        the Registration Statement,  Preliminary Prospectus Supplement and the Final Prospectus Supplement, are
        an independent  registered public accounting firm with respect to the Company within the meaning of the
        Act and the applicable published rules and regulations thereunder.

(r)     No action, suit or proceeding by or before any court or governmental  agency,  authority or body or any
        arbitrator  involving the Company or any of its subsidiaries or its or their property is pending or, to
        the best knowledge of the Company,  threatened that (i) could reasonably be expected to have a material
        adverse  effect on the  performance of this Agreement or the  consummation  of any of the  transactions
        contemplated hereby or (ii) could  reasonably be expected to have a Material Adverse Effect,  except as
        set forth in or contemplated in the Registration  Statement,  Preliminary Prospectus Supplement and the
        Final Prospectus Supplement (exclusive of any supplement thereto).

(s)     The Company  and its  subsidiaries  maintain a system of internal  accounting  controls  sufficient  to
        provide  reasonable  assurance  that  (i) transactions  are executed in  accordance  with  management.s
        general or specific  authorizations;  (ii) transactions are recorded as necessary to permit preparation
        of financial  statements in conformity with generally  accepted  accounting  principles and to maintain
        asset accountability;  (iii) access to assets is permitted only in accordance with management's general
        or specific  authorization;  and  (iv) the  recorded  accountability  for assets is  compared  with the
        existing  assets  at  reasonable  intervals  and  appropriate  action  is  taken  with  respect  to any
        differences.

(t)     Neither the Company nor SCE Funding is in violation or default of (i) any  provision of its articles of
        incorporation,  bylaws or other organizational  documents,  (ii) the terms of any indenture,  contract,
        lease,  mortgage,  deed of trust,  note  agreement,  loan  agreement  or other  agreement,  obligation,
        condition,  covenant or instrument to which it is a party or bound or to which its property is subject,
        or (iii) any statute, law,

Page 6



        rule, regulation,  judgment,  order or decree of any court, regulatory body,
        administrative agency,  governmental body, arbitrator or other authority having jurisdiction over it or
        any of its  properties,  as  applicable  (except,  in the  case of  clauses  (ii) and  (iii),  for such
        violations or defaults as would not, in the aggregate, have a Material Adverse Effect).

(u)     The Company  possesses  all  licenses,  certificates,  permits and other  authorizations  issued by the
        appropriate  national  and local U.S.  federal and state  regulatory  authorities  necessary to conduct
        their  respective  businesses,  and the Company has not received any notice of proceedings  relating to
        the revocation or modification of any such  certificate,  authorization  or permit which,  singly or in
        the aggregate,  if the subject of an  unfavorable  decision,  ruling or finding,  would have a Material
        Adverse  Effect,  except as set forth in or  contemplated in the  Registration  Statement,  Preliminary
        Prospectus Supplement and the Final Prospectus Supplement (exclusive of any supplement thereto).

(v)     The Company is (i) in compliance with any and all applicable  national and local U.S. federal and state
        laws and  regulations  relating to the  protection  of human  health and  safety,  the  environment  or
        hazardous or toxic substances or wastes,  pollutants or contaminants  ("Environmental  Laws"), (ii) has
        received and are in compliance  with all permits,  licenses or other  approvals  required of them under
        applicable  Environmental Laws to conduct their respective businesses and (iii) has not received notice
        of any actual or potential  liability for the  investigation  or remediation of any disposal or release
        of  hazardous  or  toxic  substances  or  wastes,   pollutants  or  contaminants,   except  where  such
        non-compliance  with  Environmental  Laws,  failure  to receive  required  permits,  licenses  or other
        approvals,  or  liability  would  not  have a  Material  Adverse  Effect,  except  as set  forth  in or
        contemplated in the Registration Statement,  Preliminary Prospectus Supplement and the Final Prospectus
        Supplement  (exclusive  of any  supplement  thereto).  Except  as set forth in or  contemplated  in the
        Registration  Statement,   Preliminary  Prospectus  Supplement  and  the  Final  Prospectus  Supplement
        (exclusive of any supplement  thereto),  the Company has not been named as a  "potentially  responsible
        party" under the  Comprehensive  Environmental  Response,  Compensation,  and Liability Act of 1980, as
        amended.

(w)     In the ordinary course of its business,  the Company  periodically  reviews the effect of Environmental
        Laws on the business,  operations and  properties of the Company,  in the course of which it identifies
        and  evaluates  associated  costs and  liabilities  (including,  without  limitation,  any  capital  or
        operating  expenditures  required for clean-up,  closure of properties or compliance with Environmental
        Laws, or any permit,  license or approval,  any related  constraints  on operating  activities  and any
        potential  liabilities  to third  parties).  On the basis of such  review,  the Company has  reasonably
        concluded that such  associated  costs and liabilities  would not,  singly or in the aggregate,  have a
        Material  Adverse  Effect,  except  as set  forth in or  contemplated  in the  Registration  Statement,
        Preliminary  Prospectus  Supplement and the Final  Prospectus  Supplement  (exclusive of any supplement
        thereto).

(x)     No holders of securities of the Company have rights to the  registration of such  securities  under the
        Registration Statement.

Page 7



(y)     The Company owns or leases all such  properties  as are  necessary to the conduct of its  operations as
        presently conducted.

(z)     The Company has not taken,  directly or indirectly,  any action designed to or that would constitute or
        that  might  reasonably  be  expected  to cause or result  in,  under the  Exchange  Act or  otherwise,
        stabilization  or  manipulation  of the price of any security of the Company to facilitate  the sale or
        resale of the Securities.

(aa)    Except  as  set  forth  in or  contemplated  in  the  Registration  Statement,  Preliminary  Prospectus
        Supplement  and the Final  Prospectus  Supplement  (exclusive of any supplement  thereto),  the minimum
        funding standard under Section 302 of the Employee  Retirement Income Security Act of 1974, as amended,
        and the  regulations and published  interpretations  thereunder  ("ERISA"),  has been satisfied by each
        "pension  plan" (as defined in Section 3(2) of ERISA) which has been  established  or maintained by the
        Company  and/or one or more of its  subsidiaries,  except  where the failure to satisfy  such  standard
        would not have a Material  Adverse Effect;  each pension plan  established or maintained by the Company
        and/or  one or more of its  subsidiaries,  and the  trust  forming  part of each  such  plan,  has been
        determined by the Internal  Revenue  Service to be designed in accordance with Section 401 of the Code,
        and each such pension plan has  subsequently  been  amended,  and the Company  believes  that each such
        pension plan, as amended,  is designed in compliance  with Section 401 of the Code; each of the Company
        and its subsidiaries has fulfilled its  obligations,  if any, under Section 515 of ERISA;  each pension
        plan and welfare plan  established or maintained by the Company and/or one or more of its  subsidiaries
        is in compliance in all material respects with the currently applicable  provisions of ERISA, except in
        such cases where  noncompliance  would not have a Material Adverse Effect;  and neither the Company nor
        any of its subsidiaries has incurred or could reasonably be expected to incur any withdrawal  liability
        under Section 4201 of ERISA,  any liability  under Section 4062,  4063, or 4064 of ERISA,  or any other
        liability under Title IV of ERISA.

(bb)    Except  as  set  forth  in or  contemplated  in  the  Registration  Statement,  Preliminary  Prospectus
        Supplement  and the Final  Prospectus  Supplement  (exclusive of any supplement  thereto),  the Company
        (i) does not have any material lending or other  relationship with any bank or lending affiliate of the
        Underwriters  and  (ii) does  not  intend to use any of the  proceeds  from the sale of the  Securities
        hereunder  to  repay  any  outstanding  debt  owed to any  affiliate  of the  Underwriters  other  than
        commercial paper.

(cc)    There is and has been no failure  on the part of the  Company  and any of the  Company's  directors  or
        officers,  in their  capacities as such,  to comply with Section 401 of the Sarbanes  Oxley Act of 2002
        and the rules and  regulations  promulgated in connection  therewith (the "Sarbanes Oxley Act") related
        to loans.

               Any certificate signed by any officer of the Company and delivered to the Representatives or
counsel for the Underwriters in connection with the offering of the Securities shall be deemed a
representation and warranty by the Company, as to matters covered thereby, to each Underwriter.

Page 8



2.      Purchase and Sale.  Subject to the terms and  conditions and in reliance upon the  representations  and
warranties  herein set forth,  the Company agrees to sell to each  Underwriter,  and each  Underwriter  agrees,
severally  and not jointly,  to purchase  from the  Company,  at a purchase  price of 98.581% of the  principal
amount thereof,  the principal amount of the Securities set forth opposite such  Underwriter's name in Schedule
I hereto.

3.      Delivery and Payment.  Delivery of and payment for the Securities  shall be made at 10:00 AM,  New York
City time,  on December 11, 2006 or at such time on such later date not more than five  Business Days after the
foregoing  date as the  Representatives  shall  designate,  which date and time may be  postponed  by agreement
between  the  Representatives  and the  Company  or as  provided  in  Section 9 hereof  (such  date and time of
delivery and payment for the  Securities  being herein called the "Closing  Date").  Delivery of the Securities
shall be made to the Representatives for the respective  accounts of the several  Underwriters  against payment
by the several  Underwriters  through the Representatives of the purchase price thereof to or upon the order of
the Company by wire  transfer  payable in same-day  funds to an account  specified by the Company.  Delivery of
the  Securities   shall  be  made  through  the   facilities  of  The  Depository   Trust  Company  unless  the
Representatives shall otherwise instruct.

4.      Offering  by  Underwriters.  It is  understood  that the  several  Underwriters  propose  to offer  the
Securities  for sale to the  public as set forth in the  Registration  Statement,  Disclosure  Package  and the
Final Prospectus Supplement.

5.      Agreements.  The Company agrees with the several Underwriters that:

(a)     Prior to the termination of the offering of the Securities,  the Company will not file any amendment of
        the Registration  Statement or supplement (including the Final Prospectus Supplement or any Preliminary
        Prospectus  Supplement)  to the Base  Prospectus  unless the Company has  furnished you a copy for your
        review  prior to  filing  and will not file any such  proposed  amendment  or  supplement  to which you
        reasonably  object.  Subject to the  foregoing  sentence,  the Company will cause the Final  Prospectus
        Supplement,  properly  completed,  and any  supplement  thereto to be filed in a form  approved  by the
        Representatives  with the  Commission  pursuant to the applicable  paragraph of Rule 424(b)  within the
        time period  prescribed and will provide evidence  satisfactory to the  Representatives  of such timely
        filing.  The  Company  will  promptly  advise  the   Representatives   (1) when  the  Final  Prospectus
        Supplement,  and any  supplement  thereto,  shall have been  filed (if  required)  with the  Commission
        pursuant  to  Rule 424(b),  (2) when,  prior to  termination  of the  offering of the  Securities,  any
        amendment to the Registration  Statement shall have been filed or become effective,  (3) of any request
        by the  Commission or its staff for any amendment of the  Registration  Statement,  or any  Rule 462(b)
        Registration  Statement, or for any supplement to the Final Prospectus Supplement or for any additional
        information,  (4) of the issuance by the Commission of any stop order  suspending the  effectiveness of
        the  Registration  Statement or the  institution  or threatening of any proceeding for that purpose and
        (5) of  the  receipt  by the  Company  of any  notification  with  respect  to  the  suspension  of the
        qualification  of the Securities for sale in any  jurisdiction or the institution or threatening of any
        proceeding  for such  purpose.  The Company  will use its best  efforts to prevent the  issuance of any
        such stop order or the  suspension  of any such  qualification  and,  if  issued,

Page 9



        to obtain as soon as possible the  withdrawal of such stop order,  including,  if  necessary,  by filing
        an amendment to the Registration  Statement or a new registration statement and using its best efforts to
        have such amendment or new registration statement declared effective as soon as practicable.

(b)     The  Company  will  prepare a final term  sheet,  substantially  in the form of Schedule II hereto (the
        "Final  Term  Sheet"),  and will file the Final  Term Sheet  pursuant  to Rule  433(d)  within the time
        required by such Rule.

(c)     If there occurs an event or development  as a result of which the  Disclosure  Package would include an
        untrue  statement of a material fact or would omit to state a material fact  necessary in order to make
        the statements therein, in the light of the circumstances then prevailing,  not misleading, the Company
        will notify promptly the  Representatives  so that any use of the Disclosure Package may cease until it
        is amended or supplemented.

(d)     If, at any time when a prospectus  relating to the Securities is required to be delivered under the Act
        (including in circumstances  where such  requirement may be satisfied  pursuant to Rule 172), any event
        occurs as a result of which the Final  Prospectus  Supplement  as then  supplemented  would include any
        untrue  statement  of a  material  fact or omit to  state  any  material  fact  necessary  to make  the
        statements therein in the light of the circumstances  under which they were made not misleading,  or if
        it shall be  necessary  to amend the  Registration  Statement,  file a new  registration  statement  or
        supplement  the  Final  Prospectus  Supplement  to  comply  with  the  Act or the  Exchange  Act or the
        respective  rules  thereunder,  including in  connection  with use or delivery of the Final  Prospectus
        Supplement,  the Company promptly will (1) notify the  Representatives  of such event;  (2) prepare and
        file with the  Commission,  subject to the second  sentence  of  paragraph (a)  of this  Section 5,  an
        amendment or supplement or new registration  statement which will correct such statement or omission or
        effect such compliance;  (3) use its best efforts to have any amendment to the  Registration  Statement
        or new  registration  statement  declared  effective  as soon as  practicable  in order  to  avoid  any
        disruption in use of the Final Prospectus Supplement;  and (4) supply any amended or supplemented Final
        Prospectus Supplement to you in such quantities as you may reasonably request.

(e)     As soon as practicable,  the Company will make generally  available to its security  holders and to the
        Representatives  an earnings  statement or  statements of the Company and its  subsidiaries  which will
        satisfy the provisions of Section 11(a) of the Act and Rule 158.

(f)     Upon  request,  the Company  will  furnish to the  Representatives  and  counsel for the  Underwriters,
        without charge,  signed copies of the Registration  Statement  (including exhibits thereto) and to each
        other  Underwriter a copy of the  Registration  Statement  (without  exhibits  thereto) and, so long as
        delivery  of a  prospectus  by an  Underwriter  or dealer  may be  required  by the Act  (including  in
        circumstances  where such  requirement  may be satisfied  pursuant to Rule 172), as many copies of each
        Preliminary  Prospectus  Supplement,  the Final Prospectus and each Issuer Free Writing  Prospectus

Page 10



        and any supplement thereto as the Representatives may reasonably request. The Company will pay the
        expenses of printing or other production of all documents relating to the offering.

(g)     The Company will arrange,  if necessary,  for the  qualification  of the  Securities for sale under the
        laws of such jurisdictions as the Representatives  may designate,  will maintain such qualifications in
        effect so long as required for the  distribution of the Securities and will pay any fee of the National
        Association of Securities Dealers,  Inc., in connection with its review of the offering;  provided that
        in no event shall the Company be  obligated to qualify to do business in any  jurisdiction  where it is
        not now so qualified or to take any action that would subject it to service of process in suits,  other
        than those arising out of the offering or sale of the  Securities in any  jurisdiction  where it is not
        now so subject.

(h)     (i) The Company agrees that,  unless it has obtained or obtains,  as the case may be, the prior written
        consent of the Representatives,  and (ii) each Underwriter,  severally and not jointly, agrees with the
        Company that,  unless it has obtained or obtains,  as the case may be, the prior written consent of the
        Company,  it has not made and will not make any offer relating to the Securities that would  constitute
        an Issuer Free Writing  Prospectus or that would otherwise  constitute a "free writing  prospectus" (as
        defined in Rule 405)  required  to be filed by the  Company  with the  Commission  or  retained  by the
        Company under Rule 433,  other than the Final Term Sheet;  provided  that the prior written  consent of
        the parties hereto shall be deemed to have been given in respect of the Free Writing  Prospectuses,  if
        any,  included  in  Schedule  III  hereto.  Any  such  free  writing  prospectus  consented  to by  the
        Representatives  or the Company is hereinafter  referred to as a "Permitted  Free Writing  Prospectus."
        The Company  agrees that (x) it has treated  and will treat,  as the case may be, each  Permitted  Free
        Writing  Prospectus as an Issuer Free Writing  Prospectus  and (y) it has complied and will comply,  as
        the case may be, with the  requirements  of Rules 164 and 433  applicable to any Permitted Free Writing
        Prospectus, including in respect of timely filing with the Commission, legending and record keeping.

(i)     The Company will not, without the prior written consent of the  Representatives,  offer, sell, contract
        to sell,  pledge,  or  otherwise  dispose of, (or enter into any  transaction  which is designed to, or
        might reasonably be expected to, result in the disposition  (whether by actual disposition or effective
        economic  disposition  due to cash  settlement  or  otherwise)  by the Company or any  affiliate of the
        Company  or any  person in privity  with the  Company or any  affiliate  of the  Company)  directly  or
        indirectly,  including the filing (or participation in the filing) of a registration statement with the
        Commission in respect of, or establish or increase a put  equivalent  position or liquidate or decrease
        a call  equivalent  position  within the meaning of Section 16 of the Exchange Act, any debt securities
        issued or guaranteed by the Company (other than the  Securities)  or publicly  announce an intention to
        effect any such transaction for a period commencing on the date hereof and ending on the Closing Date.

(j)     The Company will not take,  directly or indirectly,  any action designed to or that would constitute or
        that  might  reasonably  be  expected  to cause or result  in,  under

Page 11



        the  Exchange Act or otherwise, stabilization or manipulation of the price of any security of the Company
        to facilitate  the sale or resale of the Securities.

6.      Conditions to the  Obligations of the  Underwriters.  The  obligations of the  Underwriters to purchase
the Securities,  as described in Section 2 hereof,  shall be subject to the accuracy of the representations and
warranties on the part of the Company  contained  herein as of the Execution  Time and the Closing Date, to the
accuracy of the statements of the Company made in any certificates  pursuant to the provisions  hereof,  to the
performance by the Company of its obligations hereunder and to the following additional conditions:

(a)     The Final Prospectus  Supplement,  and any supplement thereto, have been filed in the manner and within
        the time period  required by  Rule 424(b);  the Final Term Sheet and any other material  required to be
        filed by the Company  pursuant to Rule 433(d) under the Act,  shall have been filed with the Commission
        within  the  applicable  time  periods  prescribed  for such  filings  by Rule 433;  and no stop  order
        suspending the  effectiveness of the  Registration  Statement shall have been issued and no proceedings
        for that purpose shall have been instituted or threatened.

(b)     The Company shall have  requested and caused  Barbara E. Mathews,  Vice  President,  Associate  General
        Counsel,  Chief  Governance  Officer and Corporate  Secretary of the Company,  to have furnished to the
        Representatives  her opinion,  dated the Closing  Date and  addressed  to the  Representatives,  to the
        effect that:

(i)     The Company is a corporation  duly  incorporated,  validly existing and in good standing under the laws
               of the State of California;

(ii)    The Company has the  corporate  power and  authority  to own and  operate  its  property,  to lease the
               property it operates as lessee and to conduct the business in which it is currently engaged,  as
               described  in the  Registration  Statement,  Preliminary  Prospectus  Supplement  and the  Final
               Prospectus Supplement;

(iii)   The Company has all requisite corporate power and authority,  has taken all requisite corporate action,
               and has received and is in compliance with all governmental,  judicial and other authorizations,
               approvals  and orders  necessary to enter into and perform the  Underwriting  Agreement  and the
               Supplemental Indenture and to offer, issue, sell and deliver the Securities;

(iv)    the Trust  Indenture  has been duly  authorized,  executed and delivered by the Company and is a legal,
               valid, and binding instrument enforceable against the Company in accordance with its terms;

(v)     the  Supplemental  Indenture has been duly  authorized,  executed and delivered by the Company and is a
               legal,  valid,  and binding  instrument  enforceable  against the Company in accordance with its
               terms;

(vi)    the  Securities  have been duly  authorized  by the Company and,  when  executed and  authenticated  in
               accordance  with  the  provisions  of  the

Page 12



               Indenture  and  delivered  to  and  paid  for by the
               Underwriters  pursuant to this Agreement,  will constitute legal, valid, and binding obligations
               of the  Company  entitled  to the  benefits  of the  Trust  Indenture,  as  supplemented  by the
               Supplemental Indenture;

(vii)   the Trust  Indenture,  as supplemented  by the  Supplemental  Indenture,  creates a legally valid first
               lien,  to the extent that it purports to be such,  on the  properties  and assets of the Company
               subject  thereto,  securing,  among other things,  the  Securities,  subject to the  exceptions,
               defects,  qualifications  and  other  matters  set  forth  or  referred  to in the  Registration
               Statement,  Preliminary  Prospectus  Supplement  and the Final  Prospectus  Supplement and other
               matters  that do not, in the opinion of such  counsel,  materially  affect the  security for the
               Securities;

(viii)  to the knowledge of such counsel,  there is no pending or threatened  action,  suit or proceeding by or
               before any court or  governmental  agency,  authority or body or any  arbitrator  involving  the
               Company or any of its  subsidiaries  or its or their property which is not adequately  disclosed
               in  the  Registration   Statement,   Preliminary  Prospectus  Supplement  and  Final  Prospectus
               Supplement,  except in each case for such  proceedings  that,  if the subject of an  unfavorable
               decision,  ruling or finding,  would not singly or in the  aggregate,  be  reasonably  likely to
               result in a material  adverse  change in the  condition  (financial  or  otherwise),  prospects,
               earnings,  business,  properties  or  results  of  operations  of the  Company,  and there is no
               franchise,  contract  or  other  document  of a  character  required  to  be  described  in  the
               Registration  Statement,   the  Preliminary  Prospectus  Supplement  and  the  Final  Prospectus
               Supplement,  or to be filed as an exhibit thereto,  which is not described or filed as required;
               and  the  statements  included  or  incorporated  by  reference  in the  Preliminary  Prospectus
               Supplement and the Final  Prospectus  Supplement under the headings "Legal Matters" and "Summary
               - Southern  California  Edison  Company"  or  incorporated  by  reference  into the  Preliminary
               Prospectus  Supplement and the Final Prospectus  Supplement from the sections entitled "Business
               - Regulation" and "- Environmental  Matters" in the Company's Annual Report on Form 10-K for the
               fiscal year ended December 31, 2005, as supplemented  by information  contained in the Company's
               subsequent  Quarterly  Reports  on Form  10-Q  and  Current  Reports  on  Form  8-K,  which  are
               incorporated  by reference in the  Preliminary  Prospectus  Supplement and the Final  Prospectus
               Supplement,  fairly summarize the matters therein  described in all material  respects;  and the
               statements  set  forth  in the  Preliminary  Prospectus  Supplement  and  the  Final  Prospectus
               Supplement  under the heading  "Certain Terms of the Bonds" and in the Base Prospectus under the
               heading  "Description  of the First  Mortgage  Bonds,"  insofar as those  statements  purport to
               summarize  certain  provisions  of the  Trust  Indenture,  the  Supplemental  Indenture  and the
               Securities, are accurate summaries in all material respects;

(ix)    the  Registration  Statement has become effective under the Act; any required filing of the Preliminary
               Prospectus  Supplement  and  the  Final  Prospectus  Supplement,  and any  supplements  thereto,
               pursuant  to  Rule 424(b) has been made

Page 13



               in the manner and within the time  period  required  by
               Rule 424(b);  to the knowledge of such counsel,  no stop order  suspending the  effectiveness of
               the  Registration  Statement  has been  issued,  no  proceedings  for  that  purpose  have  been
               instituted or threatened  and the  Registration  Statement and the Final  Prospectus  Supplement
               (other than the financial statements and other financial and statistical  information  contained
               therein,  as to which such counsel  need  express no opinion)  comply as to form in all material
               respects with the applicable  requirements  of the Act, the Exchange Act and the Trust Indenture
               Act and the respective rules thereunder;

(x)     this Agreement has been duly authorized, executed and delivered by the Company;

(xi)    the  Company  is not and,  after  giving  effect to the  offering  and sale of the  Securities  and the
               application of the proceeds  thereof as described in the Preliminary  Prospectus  Supplement and
               the  Final  Prospectus  Supplement,  will  not be an "investment company" as defined  in the
               Investment Company Act of 1940, as amended;

(xii)   no consent, approval,  authorization,  filing with or order of any court or governmental agency or body
               is required in connection with the transactions  contemplated  herein,  except such as have been
               obtained (i) under the Act, (ii) from the California Public Utilities  Commission and (iii) such
               as may be required under the blue sky laws of any  jurisdiction  in connection with the purchase
               and  distribution  of the  Securities by the  Underwriters  in the manner  contemplated  in this
               Agreement and in the Registration  Statement,  Preliminary  Prospectus  Supplement and the Final
               Prospectus  Supplement  and such  other  approvals  (specified  in such  opinion)  as have  been
               obtained;

(xiii)  neither the  execution and delivery of the  Indenture,  the issue and sale of the  Securities,  nor the
               consummation of any other of the  transactions  herein  contemplated  nor the fulfillment of the
               terms hereof will conflict with,  result in a breach or violation of, or imposition of any lien,
               charge or encumbrance  upon any property or assets of the Company  pursuant to, (i) the articles
               of incorporation or by-laws of the Company,  (ii) the terms of any indenture (other than, solely
               with respect to the disposition of liens,  charges and  encumbrances  upon property or assets of
               the Company or SCE Funding LLC, the lien created by the  Indenture in favor of the  Securities),
               contract,  lease,  mortgage,  deed of trust, note agreement,  loan agreement or other agreement,
               obligation,  condition,  covenant  or  instrument  to which the  Company or SCE Funding LLC is a
               party or bound or to which its or their property is subject,  or (iii) any  statute,  law, rule,
               regulation,  judgment,  order or decree applicable to the Company of any court, regulatory body,
               administrative  agency,  governmental  body,  arbitrator or other authority having  jurisdiction
               over the Company or any of its properties; and

(xiv)   no holders of securities of the Company have rights to the  registration of such  securities  under the
               Registration Statement.

Page 14



        Such opinion will also include language to the effect that such counsel has no reason to believe that,
        as of the Initial Sale Time, the documents included in the Disclosure Package and the Final Term Sheet
        contained any untrue statement of a material fact or omitted to state any material fact necessary in
        order to make the statements therein, in the light of circumstances under which they were made, not
        misleading.

        Such opinion will also include language to the effect that counsel has no reason to believe that on
        the Effective Date the Registration Statement contained any untrue statement of a material fact or
        omitted to state any material fact required to be stated therein or necessary to make the statements
        therein not misleading or that the Final Prospectus Supplement as of its date and on the Closing Date
        included or includes any untrue statement of a material fact or omitted or omits to state any material
        fact necessary in order to make the statements therein, in light of the circumstances under which they
        were made, not misleading.

        In rendering such opinion, such counsel may rely (A) as to matters involving the application of laws
        of any jurisdiction other than the State of California or the Federal laws of the United States, to
        the extent she deems proper and specified in such opinion, upon the opinion of other counsel of good
        standing whom she believes to be reliable and who are satisfactory to counsel for the Underwriters and
        (B) as to matters of fact, to the extent she deems proper, on certificates of responsible officers of
        the Company and public officials.  Such counsel may render such opinion subject to such exceptions and
        qualifications as are reasonable or customary under the circumstances and acceptable to counsel for
        the Underwriters.  References to the Final Prospectus Supplement in this paragraph (b) shall also
        include any supplements thereto at the Closing Date.

(c)     The  Representatives  shall have received from Cleary  Gottlieb  Steen and Hamilton LLP,  counsel for the
        Underwriters,  such opinion or opinions, dated the Closing Date and addressed to the Representatives as
        the Representatives  may reasonably require,  and the Company shall have furnished to such counsel such
        documents as they request for the purpose of enabling them to pass upon such matters.

(d)     The Company shall have furnished to the  Representatives  a certificate  of the Company,  signed by the
        Senior Vice President,  Chief Financial  Officer of the Company,  dated the Closing Date, to the effect
        that he has  carefully  examined  the  Registration  Statement,  the  Disclosure  Package and the Final
        Prospectus Supplement, any supplements or amendments thereto and this Agreement and that:

(i)     the  representations  and warranties of the Company in this Agreement are true and correct on and as of
               the  Closing  Date  with the same  effect as if made on the  Closing  Date and the  Company  has
               complied with all the  agreements  and satisfied all the  conditions on its part to be performed
               or satisfied at or prior to the Closing Date;

(ii)    no stop order  suspending  the  effectiveness  of the  Registration  Statement  has been  issued and no
               proceedings  for that purpose have been instituted or, to the Company's  knowledge,  threatened;
               and

Page 15



(iii)   since the date of the most recent  financial  statements  included or  incorporated by reference in the
               Preliminary  Prospectus  Supplement  and  the  Final  Prospectus  Supplement  (exclusive  of any
               supplement  thereto),  there has been no material adverse effect on the condition  (financial or
               otherwise),  prospects,  earnings,  business or properties of the Company and its  subsidiaries,
               taken as a whole,  whether or not arising from  transactions in the ordinary course of business,
               except as set forth in or contemplated in the  Registration  Statement,  Preliminary  Prospectus
               Supplement and the Final Prospectus Supplement (exclusive of any supplement thereto).

(e)     The  Company  shall have  requested  and caused  PricewaterhouseCoopers  LLP to have  furnished  to the
        Representatives,  at the Execution Time and at the Closing Date, letters,  dated respectively as of the
        Execution Time and as of the Closing Date, in form and substance  satisfactory to the  Representatives,
        confirming  that they are  independent  registered  public  accounting firm with respect to the Company
        within the  meaning  of the Act and the  applicable  rules and  regulations  thereunder  adopted by the
        Commission  and the Public  Company  Accounting  Oversight  Board  (United  States)  and that they have
        performed a review of the unaudited  interim  financial  information of the Company for the three-month
        and  nine-month  periods  ended  September 30, 2006,  and as at September 30, 2006, in accordance  with
        Statement on Auditing Standards No. 100, stating in effect that:

(i)     in their opinion the audited  consolidated  financial  statements and financial  statement schedules of
               the Company  audited by them and  included or  incorporated  by  reference  in the  Registration
               Statement,  the Preliminary  Prospectus  Supplement (in the case of the letter  delivered at the
               Execution Time) and the Final Prospectus  Supplement (in the case of the letter delivered at the
               Closing  Date) and  reported  on by them  comply as to form in all  material  respects  with the
               applicable  accounting  requirements  of the Act and the Exchange Act and the related  rules and
               regulations adopted by the Commission;

(ii)    on the basis of a reading of the latest  unaudited  financial  statements made available by the Company
               and its  subsidiaries;  their limited  review,  in accordance with standards  established  under
               Statement on Auditing Standards No. 100, of the unaudited interim financial  information for the
               three-month  and nine month  periods  ended  September  30, 2006,  and as at September 30, 2006,
               incorporated by reference in the Registration  Statement,  the Preliminary Prospectus Supplement
               (in the case of the letter delivered at the Execution Time) and the Final Prospectus  Supplement
               (in the case of the letter  delivered  at the Closing  Date);  carrying  out  certain  specified
               procedures (but not an examination in accordance  with generally  accepted  auditing  standards)
               which would not  necessarily  reveal  matters of  significance  with respect to the comments set
               forth in such letter;  a reading of the minutes of the meetings of the  stockholders,  directors
               and the executive,  finance,  compensation and audit committees of the Company, and inquiries of
               certain officials of the Company who have  responsibility  for financial and accounting  matters
               of the Company and its

Page 16



               subsidiaries  as to transactions  and events  subsequent to December 31,
               2005, nothing came to their attention which caused them to believe that:

(1)     any  unaudited  financial  statements  included  or  incorporated  by  reference  in  the  Registration
                      Statement,  the Preliminary  Prospectus  Supplement (in the case of the letter  delivered
                      at the Execution  Time) and the Final  Prospectus  Supplement  (in the case of the letter
                      delivered  at the Closing  Date) do not comply as to form in all material  respects  with
                      applicable   accounting   requirements  of  the  Act  and  with  the  related  rules  and
                      regulations  adopted by the Commission with respect to financial  statements  included or
                      incorporated  by reference in Quarterly  Reports on Form 10-Q under the Exchange Act; and
                      said  unaudited  financial  statements  are not in  conformity  with  generally  accepted
                      accounting  principles  applied  on a basis  substantially  consistent  with  that of the
                      audited  financial  statements  included or incorporated by reference in the Registration
                      Statement,  the Preliminary  Prospectus  Supplement (in the case of the letter  delivered
                      at the Execution  Time) and the Final  Prospectus  Supplement  (in the case of the letter
                      delivered at the Closing Date); or

(2)     with respect to the period  subsequent  to September 30, 2006,  there were any changes,  at a specified
                      date not more than five days prior to the date of the letter,  in the  long-term  debt of
                      the Company and its  subsidiaries  or common  stock of the  Company or  decreases  in the
                      consolidated net current assets (working  capital) or shareholders  equity of the Company
                      as compared  with the amounts  shown on the  September  30,  2006,  consolidated  balance
                      sheet  included  or  incorporated  by  reference  in  the  Registration  Statement,   the
                      Preliminary  Prospectus  Supplement (in the case of the letter delivered at the Execution
                      Time) and the Final  Prospectus  Supplement  (in the case of the letter  delivered at the
                      Closing  Date),  or for the period from  October 1, 2006 to the most recent month end for
                      which the financial  statements are available there were any decreases,  as compared with
                      the  corresponding  period  in the  preceding  year and  quarter  in  total  consolidated
                      operating  revenue,  operating  income,  net income before taxes or net income  available
                      for  common  stock of the  Company  and its  subsidiaries,  except in all  instances  for
                      changes  or  decreases  set  forth in such  letter,  in which  case the  letter  shall be
                      accompanied by an explanation by the Company as to the  significance  thereof unless said
                      explanation is not deemed necessary by the Representatives; and

(iii)   they have  performed  certain  other  specified  procedures as a result of which they  determined  that
               certain  information  of an  accounting,  financial or  statistical  nature (which is limited to
               accounting,  financial or statistical information derived from the general accounting records of
               the Company and its  subsidiaries)  set forth in the  Registration  Statement,  the  Preliminary
               Prospectus  Supplement (in the case of the letter delivered at the Execution Time) and the

Page 17



               Final Prospectus Supplement (in the case of the letter delivered at the Closing Date) and in Exhibit
               12 to the  Registration  Statement,  including  the  information  set forth  under  the  caption
               "Selected  Financial  Information"  incorporated  by  reference  in the  Preliminary  Prospectus
               Supplement (in the case of the letter  delivered at the Execution Time) and the Final Prospectus
               Supplement (in the case of the letter delivered at the Closing Date),  the information  included
               or incorporated  by reference in Items 1, 2, 6, 7 and 11 of the Company's  Annual Report on Form
               10-K,  incorporated  by reference in the  Registration  Statement,  the  Preliminary  Prospectus
               Supplement (in the case of the letter  delivered at the Execution Time) and the Final Prospectus
               Supplement  (in the case of the letter  delivered  at the  Closing  Date),  and the  information
               included in the  "Management's  Discussion  and Analysis of Financial  Condition  and Results of
               Operations"  included  or  incorporated  by  reference  in the  Company's  Quarterly  Reports on
               Form 10-Q,  incorporated by reference in the Registration Statement,  the Preliminary Prospectus
               Supplement (in the case of the letter  delivered at the Execution Time) and the Final Prospectus
               Supplement  (in  the  case of the  letter  delivered  at the  Closing  Date),  agrees  with  the
               accounting  records of the  Company  and its  subsidiaries,  excluding  any  questions  of legal
               interpretation.

               References to the Prospectus in this paragraph (e) include any supplement thereto at the date
        of the letter.

(f)     Subsequent  to the Execution  Time or, if earlier,  the dates as of which  information  is given in the
        Registration  Statement (exclusive of any amendment thereof) the Preliminary  Prospectus Supplement and
        the Final Prospectus  Supplement  (exclusive of any supplement thereto),  there shall not have been (i)
        any change or decrease  specified in the letter or letters referred to in paragraph (e) of this Section
        6 or (ii) any change, or any development  involving a prospective change, in or affecting the condition
        (financial or otherwise),  earnings, business or properties of the Company and its subsidiaries,  taken
        as a whole, whether or not arising from transactions in the ordinary course of business,  except as set
        forth in or contemplated  in the  Registration  Statement,  Preliminary  Prospectus  Supplement and the
        Final  Prospectus  Supplement  (exclusive of any supplement  thereto) the effect of which,  in any case
        referred to in clause (i) or (ii) above, is, in the sole judgment of the  Representatives,  so material
        and adverse as to make it  impractical  or  inadvisable to proceed with the offering or delivery of the
        Securities as contemplated by the Registration  Statement,  the Preliminary  Prospectus  Supplement and
        the Final Prospectus Supplement (exclusive of any supplement thereto).

(g)     Subsequent  to the Execution  Time,  there shall not have been any decrease in the rating of any of the
        Company's debt securities by any "nationally  recognized  statistical rating  organization" (as defined
        for purposes of  Rule 436(g)  under the Act) or any notice given of any intended or potential  decrease
        in any such rating or of a possible  change in any such rating that does not indicate the  direction of
        the possible change.

(h)     Prior to the Closing Date, the Company shall have furnished to the Representatives such further
        information, certificates and documents as the Representatives may reasonably request.

Page 18



               If any of the conditions specified in this Section 6 shall not have been fulfilled when and as
provided in this Agreement, or if any of the opinions and certificates mentioned above or elsewhere in this
Agreement shall not be reasonably satisfactory in form and substance to the Representatives and counsel for
the Underwriters, this Agreement and all obligations of the Underwriters hereunder may be canceled at, or at
any time prior to, the Closing Date by the Representatives.  Notice of such cancellation shall be given to
the Company in writing or by telephone or facsimile confirmed in writing.

               The documents required to be delivered by this Section 6 shall be delivered at the office of
Cleary Gottlieb Steen and Hamilton LLP, counsel for the Underwriters, at One Liberty Plaza, New York, NY, on
the Closing Date.

7.      Reimbursement  of  Underwriters'  Expenses.  If the sale of the  Securities  provided for herein is not
consummated  because any condition to the obligations of the  Underwriters set forth in Section 6 hereof is not
satisfied,  because of any termination  pursuant to Section 10  hereof or because of any refusal,  inability or
failure on the part of the Company to perform any agreement  herein or comply with any  provision  hereof other
than by reason of a default by any of the Underwriters,  the Company will reimburse the Underwriters  severally
through J.P. Morgan Securities Inc. on demand for all  out-of-pocket  expenses  (including  reasonable fees and
disbursements  of counsel) that shall have been incurred by them in connection  with the proposed  purchase and
sale of the Securities.

8.      Indemnification  and  Contribution.  (a) The  Company  agrees  to  indemnify  and  hold  harmless  each
Underwriter,  the directors,  officers,  employees and agents of each  Underwriter and each person who controls
any  Underwriter  within the meaning of either the Act or the Exchange Act against any and all losses,  claims,
damages or  liabilities,  joint or several,  to which they or any of them may become subject under the Act, the
Exchange Act or other Federal or state  statutory  law or  regulation,  at common law or otherwise,  insofar as
such losses,  claims,  damages or liabilities  (or actions in respect  thereof) arise out of, or are based upon
any untrue  statement or alleged untrue  statement of a material fact contained in the  Registration  Statement
for the registration of the Securities as originally filed or in any amendment  thereof,  or in any Preliminary
Prospectus Supplement,  the Final Prospectus Supplement,  any Issuer Free Writing Prospectus or the information
contained in the Final Term Sheet, or in any amendment  thereof or supplement  thereto,  or arise out of or are
based upon the omission or alleged  omission to state therein a material fact required to be stated  therein or
necessary to make the statements  therein not misleading,  and agrees to reimburse each such indemnified party,
as incurred,  for any legal or other expenses  reasonably  incurred by them in connection with investigating or
defending any such loss, claim, damage,  liability or action;  provided,  however, that the Company will not be
liable in any such case to the  extent  that any such  loss,  claim,  damage or  liability  arises out of or is
based upon any such untrue  statement or alleged untrue  statement or omission or alleged omission made therein
in reliance upon and in  conformity  with written  information  furnished to the Company by or on behalf of any
Underwriter  through the Representatives  specifically for inclusion therein.  This indemnity agreement will be
in addition to any liability which the Company may otherwise have.

(b)     Each Underwriter  severally and not jointly agrees to indemnify and hold harmless the Company,  each of
its  directors,  each of its officers who signs the  Registration

Page 19



Statement,  and each person who controls the Company  within  the  meaning  of either  the Act or the  Exchange
Act, to the same  extent as the foregoing indemnity from the Company to each Underwriter, but only with reference
to written  information relating to such Underwriter furnished to the Company by or on behalf of such  Underwriter
through the Representatives specifically for inclusion in the documents referred to in the foregoing  indemnity.
This indemnity  agreement will be in addition to any liability which any Underwriter  may otherwise have. The Company
acknowledges that the statements set forth in the last paragraph of the cover page of the Final Prospectus Supplement regarding
delivery of the Securities and, under the heading of the Final Prospectus  Supplement  labeled  "Underwriting,"
(i) the  list of  Underwriters  and their  respective  participation  in the sale of the  Securities,  (ii) the
sentences related to concessions and reallowances and (iii) the  paragraph related to stabilization,  syndicate
covering  transactions  and penalty bids in the Final  Prospectus  Supplement  constitute the only  information
furnished  in  writing  by or on behalf of the  several  Underwriters  for  inclusion  in the Final  Prospectus
Supplement.

(c)     Promptly after receipt by an indemnified  party under this Section 8 of notice of the  commencement  of
any action,  such indemnified  party will, if a claim in respect thereof is to be made against the indemnifying
party under this  Section 8, notify the  indemnifying  party in writing of the  commencement  thereof;  but the
failure so to notify the indemnifying  party (i) will not relieve it from liability under  paragraph (a) or (b)
above  unless and to the extent it did not  otherwise  learn of such  action  and such  failure  results in the
forfeiture  by the  indemnifying  party of  substantial  rights and defenses and  (ii) will  not, in any event,
relieve the  indemnifying  party from any obligations to any indemnified  party other than the  indemnification
obligation  provided  in  paragraph (a)  or (b) above.  The  indemnifying  party  shall be  entitled to appoint
counsel of the  indemnifying  party's choice at the  indemnifying  party's expense to represent the indemnified
party in any  action  for which  indemnification  is sought (in which  case the  indemnifying  party  shall not
thereafter be responsible for the fees and expenses of any separate counsel  retained by the indemnified  party
or parties  except as set forth  below);  provided,  however,  that such counsel shall be  satisfactory  to the
indemnified  party.  Notwithstanding  the  indemnifying  party's  election to appoint  counsel to represent the
indemnified  party in an  action,  the  indemnified  party  shall  have the  right to employ  separate  counsel
(including  local counsel),  and the  indemnifying  party shall bear the reasonable fees, costs and expenses of
such separate counsel if (i) the use of counsel chosen by the  indemnifying  party to represent the indemnified
party would present such counsel with a conflict of interest,  (ii) the  actual or potential  defendants in, or
targets of, any such action include both the indemnified  party and the indemnifying  party and the indemnified
party  shall  have  reasonably  concluded  that  there  may be legal  defenses  available  to it  and/or  other
indemnified  parties which are  different  from or additional  to those  available to the  indemnifying  party,
(iii) the  indemnifying  party  shall  not have  employed  counsel  satisfactory  to the  indemnified  party to
represent the  indemnified  party within a reasonable  time after notice of the  institution  of such action or
(iv) the  indemnifying  party shall authorize the indemnified  party to employ separate  counsel at the expense
of the  indemnifying  party.  An  indemnifying  party  will not,  without  the  prior  written  consent  of the
indemnified  parties,  settle or compromise or consent to the entry of any judgment with respect to any pending
or threatened  claim,  action,  suit or proceeding in respect of which  indemnification  or contribution may be
sought  hereunder  (whether or not the  indemnified  parties are actual or  potential  parties to such claim or
action) unless such settlement,

Page 20



compromise or consent  includes an  unconditional  release of each indemnified
party from all liability arising out of such claim, action, suit or proceeding.

(d)     In the event that the indemnity  provided in  paragraph (a)  or (b) of this Section 8 is unavailable to
or  insufficient  to hold  harmless  an  indemnified  party for any reason,  the  Company and the  Underwriters
severally agree to contribute to the aggregate  losses,  claims,  damages and liabilities  (including  legal or
other  expenses  reasonably  incurred  in  connection  with  investigating  or  defending  same)  (collectively
"Losses")  to which the Company and one or more of the  Underwriters  may be subject in such  proportion  as is
appropriate to reflect the relative  benefits  received by the Company on the one hand and by the  Underwriters
on the other from the offering of the  Securities;  provided,  however,  that in no case shall any  Underwriter
(except as may be provided in any agreement among  underwriters  relating to the offering of the Securities) be
responsible for any amount in excess of the  underwriting  discount or commission  applicable to the Securities
purchased by such Underwriter  hereunder.  If the allocation provided by the immediately  preceding sentence is
unavailable for any reason,  the Company and the Underwriters  severally shall contribute in such proportion as
is  appropriate  to reflect not only such relative  benefits but also the relative  fault of the Company on the
one hand and of the  Underwriters  on the other in connection  with the statements or omissions  which resulted
in such  Losses as well as any other  relevant  equitable  considerations.  Benefits  received  by the  Company
shall be deemed to be equal to the total net proceeds from the offering (before  deducting  expenses)  received
by it,  and  benefits  received  by the  Underwriters  shall be deemed  to be equal to the  total  underwriting
discounts  and  commissions,  in each case as set forth on the cover page of the Final  Prospectus  Supplement.
Relative  fault shall be  determined  by reference  to, among other  things,  whether any untrue or any alleged
untrue  statement of a material  fact or the omission or alleged  omission to state a material  fact relates to
information  provided  by the  Company  on the one hand or the  Underwriters  on the  other,  the intent of the
parties and their relative  knowledge,  access to information and opportunity to correct or prevent such untrue
statement  or  omission.  The Company and the  Underwriters  agree that it would not be just and  equitable  if
contribution  were  determined by pro rata  allocation  or any other method of  allocation  which does not take
account  of  the  equitable   considerations  referred  to  above.   Notwithstanding  the  provisions  of  this
paragraph (d),  no person  guilty of fraudulent  misrepresentation  (within the meaning of Section 11(f) of the
Act)  shall  be  entitled   to   contribution   from  any  person  who  was  not  guilty  of  such   fraudulent
misrepresentation.  For  purposes  of this  Section  8, each  person who  controls  an  Underwriter  within the
meaning  of  either  the Act or the  Exchange  Act  and  each  director,  officer,  employee  and  agent  of an
Underwriter  shall have the same rights to contribution as such  Underwriter,  and each person who controls the
Company  within the meaning of either the Act or the Exchange  Act,  each officer of the Company who shall have
signed the  Registration  Statement and each director of the Company shall have the same rights to contribution
as the Company, subject in each case to the applicable terms and conditions of this paragraph (d).

9.      Default by an Underwriter.  If any one or more  Underwriters  shall fail to purchase and pay for any of
the  Securities  agreed to be purchased  by such  Underwriter  or  Underwriters  hereunder  and such failure to
purchase shall constitute a default in the performance of its or their  obligations  under this Agreement,  the
remaining  Underwriters  shall be  obligated  severally to take up and pay for (in the  respective  proportions
which the  principal  amount of  Securities  set forth  opposite  their names in Schedule I hereto bears to the
aggregate  principal

Page 21



amount of Securities set forth opposite the names of all the remaining  Underwriters)  the
Securities which the defaulting Underwriter or Underwriters agreed but failed to purchase;  provided,  however,
that in the event that the  aggregate  principal  amount of  Securities  which the  defaulting  Underwriter  or
Underwriters  agreed but failed to purchase  shall exceed 10% of the aggregate  principal  amount of Securities
set forth in  Schedule I  hereto,  the remaining  Underwriters  shall have the right to purchase all, but shall
not be under any obligation to purchase any, of the Securities,  and if such nondefaulting  Underwriters do not
purchase all the Securities,  this Agreement will terminate without liability to any nondefaulting  Underwriter
or the  Company.  In the event of a default by any  Underwriter  as set forth in this  Section  9, the  Closing
Date shall be postponed  for such period,  not  exceeding  five Business  Days,  as the  Representatives  shall
determine  in  order  that  the  required  changes  in the  Registration  Statement  and the  Final  Prospectus
Supplement or in any other  documents or  arrangements  may be effected.  Nothing  contained in this  Agreement
shall  relieve any  defaulting  Underwriter  of its  liability,  if any,  to the Company and any  nondefaulting
Underwriter for damages occasioned by its default hereunder.

10.     Certain  Acknowledgements  by the Company.  The Company  acknowledges  and agrees that the Underwriters
are acting solely in the capacity of an arm's length  contractual  counterparty  to the Company with respect to
the offering of Securities  contemplated  hereby  (including in connection  with  determining  the terms of the
offering)  and not as a financial  advisor or a fiduciary  to, or an agent of, the Company or any other person.
Additionally,  neither  the  Representative  nor any other  Underwriter  is  advising  the Company or any other
person as to any legal, tax,  investment,  accounting or regulatory  matters in any  jurisdiction.  The Company
shall  consult  with its own  advisors  concerning  such  matters and shall be  responsible  for making its own
independent  investigation and appraisal of the transactions  contemplated  hereby,  and the Underwriters shall
have no  responsibility  or liability to the Company with respect  thereto.  Any review by the  Underwriters of
the Company,  the  transactions  contemplated  hereby or other matters  relating to such  transactions  will be
performed solely for the benefit of the Underwriters and shall not be on behalf of the Company.

11.     Termination.  This  Agreement  shall be  subject  to  termination  in the  absolute  discretion  of the
Representatives,  by notice  given to the Company  prior to delivery of and payment for the  Securities,  if at
any time  prior to such time (i)  trading in the  Company's  Common  Stock  shall  have been  suspended  by the
Commission or the New York  Stock  Exchange or trading in securities  generally on the New York Stock  Exchange
shall have been  suspended or limited or minimum prices shall have been  established  on such Exchange,  (ii) a
banking  moratorium  shall have been declared  either by Federal or New York State  authorities  or (iii) there
shall have occurred any outbreak or escalation of  hostilities,  declaration by the United States of a national
emergency or war, or other  calamity or crisis the effect of which on financial  markets is such as to make it,
in the sole  judgment of the  Representatives,  impractical  or  inadvisable  to proceed  with the  offering or
delivery of the Securities as contemplated by the Preliminary  Prospectus  Supplement and the Final  Prospectus
Supplement (exclusive of any supplement thereto).

12.     Representations and Indemnities to Survive.  The respective  agreements,  representations,  warranties,
indemnities and other  statements of the Company or its officers and of the  Underwriters  set forth in or made
pursuant to this Agreement  will remain in full force and

Page 22



effect,  regardless of any  investigation  made by or
on  behalf  of  any  Underwriter  or the  Company  or any of the  officers,  directors,  employees,  agents  or
controlling  persons  referred  to in  Section 8 hereof,  and will  survive  delivery  of and  payment  for the
Securities.  The provisions of Sections 7 and 8 hereof shall survive the  termination or  cancellation  of this
Agreement.

Notices.  All communications hereunder will be in writing and effective only on receipt, and, if sent to the
Representatives, will be mailed, delivered or sent by facsimile transmission to each of ABN AMRO
Incorporated, 55 East 52nd Street, 6th Floor, New York, New York 10055 (Fax: (212) 409-5256); Greenwich
Capital Markets, Inc., 600 Steamboat Road, Greenwich, Connecticut 06830, Attention: John McCabe; J.P. Morgan
Securities Inc., 270 Park Avenue, New York, New York 10017 Attention: High Grade Syndicate Desk - 8th Floor
(Fax: (212) 834-6081); and UBS Securities LLC, 677 Washington Boulevard, Stamford, Connecticut 06901
Attention: Fixed Income Syndicate (Fax: (203) 719-0495); or, if sent to the Company, will be mailed,
delivered or sent by facsimile transmission to Southern California Edison Company, Assistant Treasurer, 2244
Walnut Grove Ave., Rosemead, CA 91770 (fax no.: (626) 302-1472) and confirmed to the attention of the General
Counsel at the same address, c/o Michael Henry (fax no.: (626) 302-2610).
13.     Successors.  This  Agreement  will inure to the benefit of and be binding  upon the parties  hereto and
their respective  successors and the officers,  directors,  employees,  agents and controlling persons referred
to in Section 8 hereof, and no other person will have any right or obligation hereunder.

14.     Applicable  Law and Waiver of Jury Trial.  (a) This  Agreement  will be governed  by and  construed  in
accordance with the laws of the State of New York  applicable to contracts made and to be performed  within the
State of New York.

(b)     The Company and each of the Underwriters  hereby irrevocably waives, to the fullest extent permitted by
        applicable law, any and all right to trial by jury in any legal  proceeding  arising out of or relating
        to this Agreement or the transactions contemplated hereby.

15.     Counterparts.  This  Agreement  may  be  signed  in one or  more  counterparts,  each  of  which  shall
constitute an original and all of which together shall constitute one and the same agreement.

16.     Entire Agreement.  This Agreement  supersedes all prior agreements and understandings  (whether written
or oral) between the Company and the Underwriters, or any of them, with respect to the subject matter hereof.

17.     Headings.  The  section  headings  used  herein  are for  convenience  only and  shall not  affect  the
construction hereof.

18.     Definitions.  The terms which follow, when used in this Agreement, shall have the meanings indicated.

               "Act" shall mean the Securities Act of 1933, as amended, and the rules and regulations of the
        Commission promulgated thereunder.

Page 23



               "Base Prospectus" shall mean the prospectus referred to in paragraph 1(a) above contained in
        the Registration Statement at the Effective Date.

               "Business Day" shall mean any day other than a Saturday, a Sunday or a legal holiday or a day
        on which banking institutions or trust companies are authorized or obligated by law to close in New
        York City.

               "Commission" shall mean the Securities and Exchange Commission.

               "Disclosure Package" shall mean (i) the Preliminary Prospectus Supplement, as amended and
        supplemented to the Execution Time, (ii) the Issuer Free Writing Prospectuses, if any, identified in
        Schedule III hereto, and (iii) any other Free Writing Prospectus that the parties hereto shall
        hereafter expressly agree in writing to treat as part of the Disclosure Package.

               "Effective Date" shall mean each date and time that the Registration Statement, any
        post-effective amendment or amendments thereto became or become effective.

               "Exchange Act" shall mean the Securities Exchange Act of 1934, as amended, and the rules and
        regulations of the Commission promulgated thereunder.

               "Execution Time" shall mean the date and time that this Agreement is executed and delivered by
        the parties hereto.

               "Final Prospectus Supplement" shall mean the prospectus supplement relating to the Securities
        that was first filed pursuant to Rule 424(b) after the Execution Time, together with the Base
        Prospectus.

               "Free Writing Prospectus" shall mean a free writing prospectus, as defined in Rule 405.

               "Initial Sale Time" shall mean 2:20 pm (Eastern time) on the date of this Underwriting
        Agreement.

               "Issuer Free Writing Prospectus" shall mean an issuer free writing prospectus, as defined in
        Rule 433.

               "Material Adverse Effect" shall mean, with respect to the Company, any effect that is
        materially adverse to the condition (financial or otherwise), prospects, earnings, business or
        properties of the Company and its subsidiaries, taken as a whole, whether or not arising from
        transactions in the ordinary course of business.

               "Preliminary Prospectus Supplement" shall mean any preliminary prospectus supplement to the
        Base Prospectus which describes the Securities and the offering thereof and is used prior to filing of
        the Final Prospectus Supplement, together with the Base Prospectus.

Page 24



               "Registration Statement" shall mean the registration statement referred to in paragraph 1(a)
        above, including exhibits and financial statements, as amended on each Effective Date and, in the
        event any post-effective amendment thereto becomes effective prior to the Closing Date, shall also
        mean such registration statement as so amended.

               "Rule 158", "Rule 163", "Rule 164", "Rule 172", "Rule 405", "Rule 415", "Rule 424", "Rule 430B"
        and "Rule 433" refer to such rules under the Act.

               "Trust Indenture Act" shall mean the Trust Indenture Act of 1939, as amended, and the rules and
        regulations of the Commission promulgated thereunder.

Page 25



               If the foregoing is in accordance with your understanding of our agreement, please sign and
return to us the enclosed duplicate hereof, whereupon this letter and your acceptance shall represent a
binding agreement among the Company and the several Underwriters.

                                                   Very truly yours,


                                                   SOUTHERN CALIFORNIA EDISON COMPANY


                                                   By: /s/ George T. Tabata
                                                   ----------------------------------
                                                   Name:   George T. Tabata
                                                   Title:  Assistant Treasurer



Page 26



The foregoing Agreement is hereby
confirmed and accepted as of the
date first above written.


ABN AMRO INCORPORATED

    /s/ David Joo
By: --------------------------
    Name: David Joo
    Title:Vice President

GREENWICH CAPITAL MARKETS, INC.

    /s/ Okwudiri Onyedum
By: --------------------------
    Name: Okwudiri Onyedum
    Title:Vice President

J.P. MORGAN SECURITIES INC.

    /s/ Robert Bottamedi
By: --------------------------
    Name: Robert Bottamedi
    Title:Vice President

UBS SECURITIES LLC

   /s/ Christopher Forshner
By: --------------------------
    Name: Christopher Forshner
    Title:Managing Director

   /s/ Ryan Donovan
By: --------------------------
    Name: Ryan Donovan
    Title:Director

For themselves and the other several
Underwriters named in Schedule I to
the foregoing Agreement.

Page 27



                                                  SCHEDULE I


                                                                      Principal Amount of
                                                                        Securities to be
Underwriter                                                                Purchased

ABN AMRO Incorporated...........................................                $88,000,000
Greenwich Capital Markets, Inc..................................                $88,000,000
J.P. Morgan Securities Inc......................................                $88,000,000
UBS Securities LLC..............................................                $88,000,000
Credit Suisse Securities (USA) LLC..............................                $12,000,000
Wedbush Morgan Securities Inc...................................                $12,000,000
Wells Fargo Securities, LLC.....................................                $12,000,000
Loop Capital Markets, LLC.......................................                 $6,000,000
Great Pacific Securities........................................                 $6,000,000
        Total...................................................               $400,000,000

Page 28



                                                  SCHEDULE II
                                                  [SCE Logo]
                                                 $400,000,000
                       5.550% First and Refunding Mortgage Bonds, Series 2006E, Due 2037

                                       <b>SUMMARY OF TERMS</b>

Security               5.550% First and Refunding Mortgage Bonds, Series 2006E, Due 2037

Issuer:                Southern California Edison Company ("SCE", or the "Company")

Joint Book-running     ABN AMRO/RBS/JPMorgan/UBS
Managers:

Principal Amount:      $400,000,000

Ratings of Securities: A+/A2/BBB+ (Fitch/Moody's / S and P)

Settlement Date:       December 11, 2006 (T+5)

Maturity:              January 15, 2037

Benchmark US Treasury: 4.500% due February 15, 2036

Benchmark US Treasury  4.537%
yield:

Spread to Benchmark    +105 bps
US Treasury:

Reoffer Yield:         5.587%

Coupon:                5.550%

Coupon Payment Dates:  January 15 and July 15

First Coupon Payment   July 15, 2007
Date:

Public Offering Price: 99.456%

Optional Redemption:   Callable at any time, in whole or in part, at a "make whole" premium of T+20 bps

CUSIP/ISIN             842400FF5/ US842400FF58




The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which
this communication relates.  Before you invest, you should read the prospectus in that registration statement
and other documents the issuer has filed with the SEC for more complete information about the issuer and this
offering.  You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov.
Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send
you the prospectus if you request it by calling  1-888-226-3754 for ABM AMBRO, by calling  collect
1-212-834-4533 for  JPMorgan, by calling 1-888-273-4485 for RBS or by calling 1-888-722-9555 x1088 for UBS.


Any disclaimer or other notice that may appear below is not applicable to this communication and should be
disregarded. Such disclaimer or notice was automatically generated as a result of this communication being
sent by Bloomberg or another email system.

Page 29



                                                 SCHEDULE III
                   Schedule of Free Writing Prospectuses included in the Disclosure Package



NONE





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                                            ONE HUNDRED FOURTEENTH
                                            SUPPLEMENTAL INDENTURE





                                                                 ______________


                                      Southern California Edison Company

                                                      to

                                   The Bank of New York Trust Company, N.A.

                                                      and

                                                D. G. Donovan,

                                                   Trustees


                                                                 ______________





                                         DATED AS OF DECEMBER 4, 2006








Page 1



               This One Hundred Fourteenth Supplemental Indenture, dated as of the 4th day of December, 2006,
is entered into by and between Southern California Edison Company (between 1930 and 1947 named "Southern
California Edison Company Ltd."), a corporation duly organized and existing under and by virtue of the laws
of the State of California and having its principal office and mailing address at 2244 Walnut Grove Avenue,
in the City of Rosemead, County of Los Angeles, State of California 91770, and qualified to do business in
the States of Arizona, New Mexico, and Nevada (hereinafter sometimes termed the "Company"), and The Bank of
New York Trust Company, N.A., a national banking association having its mailing address at 2 North LaSalle
Street, in the City of Chicago, State of Illinois 60602 (successor Trustee to The Bank of New York, which was
successor Trustee to Harris Trust and Savings Bank), and D. G. Donovan of 2 North LaSalle Street, in the City
of Chicago, State of Illinois 60602 (successor Trustee to R. G. Mason, who was successor Trustee to Wells
Fargo Bank, National Association, which was successor Trustee to Security Pacific National Bank, formerly
named Security First National Bank and Security-First National Bank of Los Angeles, successor, by
consolidation and merger, to Pacific-Southwest Trust and Savings Bank), as Trustees (hereinafter sometimes
termed the "Trustees");

               WITNESSETH:

               WHEREAS, the Company heretofore executed and delivered to said Harris Trust and Savings Bank
and said Pacific-Southwest Trust and Savings Bank, Trustees, a certain Indenture of Mortgage or Deed of Trust
dated as of October 1, 1923, which said Indenture was duly filed for record and recorded in the offices of
the respective recorders of the following counties:  in the State of California-Fresno County, Volume 397 of
Official Records, page 1; Imperial County, Book 1174 of Official Records, page 966; Inyo County, Volume 154
of Official Records, page 417; Kern County, Book 379 of Trust Deeds, page 196; Kings County, Volume 84 of
Deeds, page 1; Los Angeles County, Book 2963 of Official Records, page 1; Madera County, Volume 9 of Official
Records, page 63; Merced County, Volume 363 of Official Records, page 1; Modoc County, Volume 230 of Official
Records, page 119 et seq.; Mono County, Volume 64 of Official Records, page 29; Orange County, Book 496 of
Deeds, page 1; Riverside County, Book 594 of Deeds, page 252; San Bernardino County, Book 825 of Deeds, page
1; San Diego County, Series 5 Book 1964, page 84061; Santa Barbara County, Book 229 of Deeds, page 30;
Stanislaus County, Volume 465 of Official Records, page 370; Tulare County, Volume 50 of Official Records,
page 1; Tuolumne County, Volume 274 of Official Records, page 568; and Ventura County, Volume 33 of Official
Records, page 1; in the State of Nevada-Clark County, Book 8 of Mortgages; Churchill County, Book 40 of
Official Records, page 235; Lyon County, Book 39 of Mortgages, page 1; Mineral County, Book 13 of Official
Records, page 794; Pershing County, Book 15 of Official Records, page 612; and Washoe County, Book 83 of
Mortgages, page 301; in the State of Arizona-La Paz County, Instrument No. 83-000212 of Official Records;
Mohave County, Book 11 of Realty Mortgages; Maricopa County, Docket 4349 of Official Records, page 197; and
Yuma County, Docket 369, page 310; and in the offices of the county clerks of the following counties in the
State of New Mexico-McKinley County, Book Mtg. 50, page 187 and filed as Document No. 10536 in the Chattel
Records; and San Juan County, Book Mtg. 630, page 13 and filed as Document No. 17838 in the Chattel Records
(hereinafter referred to as the "Original Indenture"), to secure the payment of the principal of and interest
on all bonds of the Company at any time outstanding thereunder, and (as to certain such filings or
recordings) the principal of and interest on all Debentures of 1919 (referred to in the Original Indenture
and now retired) outstanding; and

      WHEREAS, the Company has heretofore executed and delivered to the Trustees one hundred thirteen certain
supplemental indentures, dated, respectively, as of March 1, 1927, April 25, 1935, June 24, 1935,
September 1, 1935, August 15, 1939, September 1, 1940, January 15, 1948, August 15, 1948, February 15, 1951,
August 15, 1951, August 15, 1953, August 15, 1954, April 15, 1956, February 15, 1957, July 1, 1957, August
15, 1957, August 15, 1958, January 15, 1960, August 15, 1960, April 1, 1961, May 1, 1962, October 15, 1962,
May 15, 1963, February 15, 1964, February 1, 1965, May 1, 1966, August 15, 1966, May 1, 1967, February 1,
1968, January 15, 1969, October 1, 1969, December 1, 1970, September 15, 1971, August 15, 1972, February 1,
1974, July 1, 1974, November 1, 1974, March 1, 1975, March 15, 1976, July 1, 1977, November 1, 1978, June 15,
1979, September 15, 1979, October 1, 1979, April 1, 1980, November 15, 1980, May 15, 1981, August 1, 1981,
December 1, 1981, January 16, 1982, April 15, 1982, November 1, 1982, November 1, 1982, January 1, 1983,
May 1, 1983, December 1, 1984, March 15, 1985, October 1, 1985, October 15, 1985, March 1, 1986, March 15,
1986, April 15, 1986,

Page 2



April 15, 1986, July 1, 1986, September 1, 1986, September 1, 1986, December 1, 1986, July 1, 1987,
October 15, 1987, November 1, 1987, February 15, 1988, April 15, 1988, July 1, 1988, August 15, 1988,
September 15, 1988, January 15, 1989, May 1, 1990, June 15, 1990, August 15, 1990, December 1, 1990, April 1,
1991, May 1, 1991, June 1, 1991, December 1, 1991, February 1, 1992, April 1, 1992, July 1, 1992, July 15,
1992, December 1, 1992, January 15, 1993, March 1, 1993, June 1, 1993, June 15, 1993, July 15, 1993,
September 1, 1993, October 1, 1993, February 21, 2002, February 15, 2003, October 15, 2003, December 15,
2003, January 7, 2004, February 26, 2004, March 23, 2004, December 6, 2004, January 11, 2005, January 27,
2005, March 17, 2005, June 1, 2005, June 20, 2005, August 24, 2005, December 12, 2005, January 24, 2006, and
April 4, 2006, which modify, amend and supplement the Original Indenture, such Original Indenture, as so
modified, amended and supplemented, being hereinafter referred to as the "Amended Indenture"; and

               WHEREAS, there have been issued and are now outstanding and entitled to the benefits of the
Amended Indenture, First and Refunding Mortgage Bonds as follows:

           Series                  Due Date               Principal Amount


            2004A                    2014                      300,000,000
            2004B                    2034                      525,000,000
           2004D and E               2035                      144,400,000
            2004F                    2015                      300,000,000
            2004G                    2035                      350,000,000
            2004H                    2007                      150,000,000
            2005A                    2016                      400,000,000
            2005B                    2036                      250,000,000
            2005D                    2029                      203,460,000
            2005E                    2035                      350,000,000
            2005F                    2035                      248,585,000
            2005G                    2010                    1,700,000,000
            2006A                    2036                      350,000,000
            2006B                    2009                      150,000,000
            2006C                    2028                      196,000,000
            2006D                    2033                      135,000,000

               WHEREAS, the Company proposes presently to issue in fully registered form only, without
coupons, up to $400,000,000 aggregate principal amount of a new series of the Company's First and Refunding
Mortgage Bonds, pursuant to resolutions of the Board of Directors or the Executive Committee of the Board of
Directors of the Company, or actions by one or more officers of the Company, said new series to be designated
as Series 2006E (referred to herein as the "Bond"), and the Company's authorized bonded indebtedness has been
increased to provide for the issuance of the Bond; and

               WHEREAS, the Company has acquired real and personal property since the execution and delivery
of the One Hundred Thirteenth Supplemental Indenture which, with certain exceptions, is subject to the lien
of the Amended Indenture by virtue of the after-acquired property clauses and other clauses thereof, and the
Company now desires in this One Hundred Fourteenth Supplemental Indenture (hereinafter sometimes referred to
as this "Supplemental Indenture") expressly to convey and confirm unto the Trustees all properties, whether
real, personal or mixed, now owned by the Company (with the exceptions hereinafter noted); and

               WHEREAS, for the purpose of further safeguarding the rights and interests of the holders of
bonds under the Amended Indenture, the Company desires, in addition to such conveyance, to enter into certain
covenants with the Trustees; and

Page 3



               WHEREAS, the making, executing, acknowledging, delivering and recording of this Supplemental
Indenture have been duly authorized by proper corporate action of the Company, and the Trustees have each
duly determined to execute and accept this Supplemental Indenture;

               NOW, THEREFORE, in order further to secure the payment of the principal of and interest on all
of the bonds of the Company at any time outstanding under the Amended Indenture, as from time to time amended
and supplemented, including specifically, but without limitation, the First and Refunding Mortgage Bonds,
Series 2004A, Series 2004B, Series 2004D, Series 2004E, Series 2004F, Series 2004G, Series 2004H, Series
2005A, Series 2005B, Series 2005D, Series 2005E, Series 2005F, Series 2005G, Series 2006A, Series 2006B,
Series 2006C, and Series 2006D referred to above, all of said bonds having been heretofore issued and being
now outstanding, and the Bonds, of the aggregate principal amount of up to $400,000,000, to be presently
issued and outstanding; and to secure the performance and observance of each and every of the covenants and
agreements contained in the Amended Indenture, and without in any way limiting (except as hereinafter
specifically provided) the generality or effect of the Original Indenture or any of said supplemental
indentures executed and delivered prior to the execution and delivery of this Supplemental Indenture insofar
as by any provision of any said Indenture any of the properties hereinafter referred to are subject to the
lien and operation thereof, but to such extent (except as hereinafter specifically provided) confirming such
lien and operation, and for and in consideration of the premises, and of the sum of One Dollar ($1.00) to the
Company duly paid by the Trustees, at or upon the ensealing and delivery of these presents (the receipt
whereof is hereby acknowledged), the Company has executed and delivered this Supplemental Indenture and has
granted, bargained, sold, aliened, released, conveyed, assigned, transferred, warranted, mortgaged, and
pledged, and by these presents does grant, bargain, sell, alien, release, convey, assign, transfer, warrant,
mortgage, and pledge unto the Trustees, their successors in trust and their assigns forever, in trust, with
power of sale, all of the following:

               All and singular the plants, properties (including goods which are or are to become fixtures),
equipment, and generating, transmission, feeding, storing, and distributing systems, and facilities and
utilities of the Company in the Counties of Fresno, Imperial, Inyo, Kern, Kings, Los Angeles, Madera, Merced,
Modoc, Mono, Orange, Riverside, San Bernardino, San Diego, Santa Barbara, Stanislaus, Tulare, Tuolumne, and
Ventura, in the State of California, Churchill, Clark, Lyon, Mineral, Pershing, and Washoe, in the State of
Nevada, La Paz and Maricopa, in the State of Arizona, and McKinley and San Juan, in the State of New Mexico,
and elsewhere either within or without said States, with all and singular the franchises, ordinances, grants,
easements, rights-of-way, permits, privileges, contracts, appurtenances, tenements, and other rights and
property thereunto appertaining or belonging, as the same now exist and as the same or any and all parts
thereof may hereafter exist or be improved, added to, enlarged, extended or acquired in said Counties, or
elsewhere either within or without said States;

               Together with, to the extent permitted by law, all other properties, real, personal, and mixed
(including goods which are or are to become fixtures), except as herein expressly excepted, of every kind,
nature, and description, including those kinds and classes of property described or referred to (whether
specifically or generally or otherwise) in the Original Indenture and/or in any one or more of the indentures
supplemental thereto, now or hereafter owned, possessed, acquired or enjoyed by or in any manner appertaining
to the Company, and the reversion and reversions, remainder and remainders, tolls, incomes, revenues, rents,
issues, and profits thereof; it being hereby intended and expressly agreed that all the business, franchises,
and properties, real, personal, and mixed (except as herein expressly excepted), of every kind and nature
whatsoever and wherever situated, now owned, possessed, or enjoyed, and which may hereafter be in anywise
owned, possessed, acquired, or enjoyed by the Company, shall be as fully embraced within the provisions
hereof and be subject to the lien created hereby and by the Original Indenture and said supplemental
indentures executed and delivered prior to the execution and delivery of this Supplemental Indenture, as if
said properties were particularly described herein;

      Saving and excepting, however, anything contained herein or in the granting clauses of the Original
Indenture, or of the above mentioned indentures supplemental thereto, or elsewhere contained in the Original
Indenture or said supplemental indentures, to the contrary notwithstanding, from the property hereby or
thereby mortgaged and pledged, all of the following property (whether now owned by the

Page 4



Company or hereafter acquired by it):  all bills, notes, warrants, customers' service and extension deposits,
accounts receivable, cash on hand or deposited in banks or with any governmental agency, contracts, choses in
action, operating agreements and leases to others (as distinct from the property leased and without limiting
any rights of the Trustees with respect thereto under any of the provisions of the Amended Indenture), all
bonds, obligations, evidences of indebtedness, shares of stock and other securities, and certificates or
evidences of interest therein, all office furniture and office equipment, motor vehicles and tools therefor,
all materials, goods, merchandise, and supplies acquired for the purpose of sale in the ordinary course of
business or for consumption in the operation of any property of the Company, and all electrical energy and
other materials or products produced by the Company for sale, distribution, or use in the ordinary conduct of
its business--other than any of the foregoing which has been or may be specifically transferred or assigned
to or pledged or deposited with the Trustees, or any of them, under the Amended Indenture, or required by the
provisions of the Amended Indenture, so to be; provided, however, that if, upon the occurrence of a default
under the Amended Indenture, the Trustees, or any of them, or any receiver appointed under the Amended
Indenture, shall enter upon and take possession of the mortgaged and pledged property, the Trustees, or such
Trustee or such receiver may, to the extent permitted by law, at the same time likewise take possession of
any and all of the property excepted by this paragraph then on hand which is used or useful in connection
with the business of the Company, and collect, impound, use, and administer the same to the same extent as if
such property were part of the mortgaged and pledged property and had been specifically mortgaged and pledged
hereunder, unless and until such default shall be remedied or waived and possession of the mortgaged and
pledged property restored to the Company, its successors or assigns, and provided further, that upon the
taking of such possession and until possession shall be restored as aforesaid, all such excepted property of
which the Trustees, or such Trustee or such receiver shall have so taken possession, shall be and become
subject to the lien hereof, subject, however, to any liens then existing on such excepted property.

               And the Company does hereby covenant and agree with the Trustees, and the Trustees with the
Company, as follows:

                                                    PART I

               The Trustees shall have and hold all and singular the properties conveyed, assigned, mortgaged
and pledged hereby or by the Amended Indenture, including property hereafter as well as heretofore acquired,
in trust for the equal and proportionate benefit and security of all present and future holders of the bonds
and interest obligations issued and to be issued under the Amended Indenture, as from time to time amended
and supplemented, without preference of any bond over any other bond by reason of priority in date of
issuance, negotiation, time of maturity, or for any other cause whatsoever, except as otherwise in the
Amended Indenture, as from time to time amended and supplemented, permitted, and to secure the payment of all
bonds now or at any time hereafter outstanding under the Amended Indenture, as from time to time amended and
supplemented, and the performance of and compliance with the covenants and conditions of the Amended
Indenture, as from time to time amended and supplemented, and under and subject to the provisions and
conditions and for the uses set forth in the Amended Indenture, as from time to time amended and supplemented.

                                                    PART II

               Article I to Article Twenty-One, inclusive, of the Amended Indenture are hereby incorporated by
reference herein and made a part hereof as fully as though set forth at length herein.

                                                   PART III

      All of the terms appearing herein shall be defined as the same are now defined under the provisions of
the Amended Indenture, except when expressly herein otherwise defined.

Page 5



                                                    PART IV

               Pursuant to Section 1 of Article Five of the Original Indenture, as amended by Part IV, Subpart
C, of the Sixth Supplemental Indenture, dated as of September 1, 1940, the notice to be given with respect to
the redemption of the Bonds in whole or in part, shall be limited to and shall consist of the giving by the
Company or The Bank of New York Trust Company, N.A., Trustee, of a notice in writing (including by facsimile
transmission) of such redemption, at least 30 days, but not more than 60 days, prior to the date fixed for
redemption to the holder of each Bond called for redemption at the holder's last address shown on the
registry books of the Company.  Failure to so provide such notice to the holder of any Bond shall not affect
the validity of the redemption proceedings with respect to any other Bond.

                                                    PART V

               The Bonds shall be in substantially the form set forth in a resolution of the Board of
Directors or the Executive Committee of the Board of Directors of the Company, or a certificate evidencing
action by an officer or officers of the Company, and may have placed thereon such letters, numbers or other
marks of identification and such legends or endorsements as set forth in this Supplemental Indenture or as
may be required to comply with the Securities Act of 1933, as amended (the "Securities Act"), any other laws,
any other rules of the Securities and Exchange Commission or any securities exchange, or as may, consistently
herewith, be determined to be necessary or appropriate by the officers executing the Bonds, as evidenced by
their execution of the Bonds.

               The Bonds initially shall be represented by one or more securities in registered, global form
without interest coupons ("Global Bonds").  Each certificate for Global Bonds shall represent the aggregate
principal of outstanding Bonds from time to time endorsed thereon and the aggregate principal amount of
outstanding Bonds represented thereby may from time to time be reduced or increased, as appropriate, to
reflect exchanges and redemptions.  Any endorsement of a Global Bond certificate to reflect the amount of any
increase or decrease in the aggregate principal amount of outstanding Bonds represented thereby shall be made
by BNY Midwest Trust Company, as Agent for The Bank of New York Trust Company, N.A., Trustee, as registrar
for the Bonds (the "Bond Registrar"), in accordance with instructions given by the registered holder thereof.

               The Company initially appoints The Depository Trust Company ("DTC") to act as depositary with
respect to the Global Bonds (together with any successor, the "Depositary").  Each certificate representing
Global Bonds shall bear a legend in substantially the following form (the "Global Bond Legend"):

               UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST
               COMPANY, A NEW YORK CORPORATION ("DTC"), TO SOUTHERN CALIFORNIA EDISON COMPANY OR ITS AGENT FOR
               REGISTRATION OR TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
               NAME OF CEDE and CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC
               (AND ANY PAYMENT IS MADE TO CEDE and CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
               REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
               TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE and CO., HAS AN INTEREST
               HEREIN.

      Beneficial interests in the Global Bonds may not be exchanged for Bonds in certificated form
("Certificated Bonds") except in the limited circumstances set forth below in this Supplemental Indenture.
Certificates representing Certificated Bonds will not bear the Global Bond Legend.

Page 6



                                                    PART VI

               The transfer and exchange of Global Bonds or beneficial interests in Global Bonds shall be
effected through the Depositary, in accordance with the terms of the Amended Indenture (including the
restriction on transfer set forth herein) and the procedures of the Depositary.

               A Global Bond may be exchanged for Certificated Bonds if (a) the Depositary for the Global Bond
notifies the Company that the Depositary is unwilling or unable to continue as to act as Depositary for the
Global Bond or has ceased to be a clearing agency registered under the Securities Exchange Act of 1934, and
in either case the Company fails to appoint a successor Depositary within 90 days after delivery of such
notice; (b) the Company notifies the Bond Registrar in writing that it has elected to cause the issuance of
Certificated Bonds; or (c) there has occurred and is continuing a default with respect to the Bonds under the
Amended Indenture.  Certificated Bonds delivered in exchange for any Global Bond or beneficial interests in
Global Bonds will be executed by the Company, authenticated by The Bank of New York Trust Company, N.A., as
Trustee, registered in the names, and issued in any approved denominations, requested by or on behalf of the
Depositary (in accordance with its customary procedures).

               When Certificated Bonds are presented to the Bond Registrar with a request to register the
transfer of the Certificated Bonds or to exchange such Certificated Bonds for an equal principal amount of
Certificated Bonds of other authorized denominations, the Bond Registrar shall register the transfer or make
the exchange as requested if its requirements for such transactions are met.

                                                   PART VII

               All, but only, the duties, responsibilities, liabilities, immunities, rights, powers, and
indemnities against liability, of the Trustees and each of them, with respect to the trust created by the
Amended Indenture, are hereby assumed by and given to the Trustees, and each of them, with respect to the
trust hereby created, and are so assumed and given subject to all the terms and provisions with respect
thereto as set forth in the Amended Indenture, as fully and to all intents and purposes as if the same were
herein set forth at length; and this Supplemental Indenture is executed by the Trustees for the purpose of
evidencing their consent to the foregoing.

               The recitals contained herein, except the recital that the Trustees have each duly determined
to execute and deliver this Supplemental Indenture, shall be taken as the statements of the Company, and the
Trustees assume no responsibility for the correctness thereof.  The Trustees make no representations as to
the validity of this Supplemental Indenture.

                                                   PART VIII

               As amended and supplemented by this Supplemental Indenture, the Amended Indenture is in all
respects ratified and confirmed, and the Original Indenture and all said indentures supplemental thereto
including this Supplemental Indenture, shall be read, taken, and considered as one instrument, and the
Company agrees to conform to and comply with all and singular the terms, provisions, covenants, and
conditions set forth therein and herein.

                                                    PART IX

               In case any one or more of the provisions contained in this Supplemental Indenture should be
invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not
affect any other provisions contained in this Supplemental Indenture, and, to the extent and only to the
extent that any such provision is invalid, illegal, or unenforceable, this Supplemental Indenture shall be
construed as if such provision had never been contained herein.

Page 7



                                                    PART X

               This Supplemental Indenture may be simultaneously executed and delivered in any number of
counterparts, each of which, when so executed and delivered, shall be deemed to be an original.

Page 8



               IN WITNESS WHEREOF, the Company has caused its corporate name and seal to be hereunto affixed
and this Supplemental Indenture to be signed by its Chairman of the Board, its Chief Executive Officer, its
President, or one of its Vice Presidents and attested by the signature of its Secretary or one of its
Assistant Secretaries, for and in its behalf; said The Bank of New York Trust Company, N.A. has caused its
name to be hereunto affixed, and this Supplemental Indenture to be signed, by one of its Vice Presidents or
Assistant Vice Presidents or Agents; and said D. G. Donovan has hereunto executed this Supplemental
Indenture; all as of the day and year first above written.  Executed in counterparts and in multiple.



                                                   SOUTHERN CALIFORNIA EDISON COMPANY


                                                   /s/ ROBERT C. BOADA
                                                   ---------------------------------
                                                   ROBERT C. BOADA
                                                   Vice President
                                                   and Treasurer


Attest:

/s/ BONITA J. SMITH
- ----------------------------------
BONITA J. SMITH
Assistant Secretary

(Seal)






                                                   THE BANK OF NEW YORK TRUST COMPANY,
                                                   N.A., Trustee


                                                   /s/ JUDITH L. BARTOLINI
                                                   ---------------------------------
                                                   Name:  JUDITH L. BARTOLINI
                                                   Title:  Vice President


                                                   /s/ D. G. DONOVAN
                                                   ---------------------------------
                                                   D. G. DONOVAN
                                                   Trustee

Page 9



STATE OF CALIFORNIA   }
                      }  ss.
COUNTY OF LOS ANGELES }


        On this 5th day of December, 2006, before me, SARAH C. PEREZ, a Notary Public, personally appeared
ROBERT C. BOADA and BONITA J. SMITH, personally known to me (or proved to me on the basis of satisfactory
evidence) to be the persons whose names are subscribed to the within instrument and acknowledged to me that
they executed the same in their authorized capacities, and that by their signatures on the instrument the
persons, or the entity on behalf of which the persons acted, executed the instrument.

        WITNESS my hand and official seal.



                                                   /s/ SARAH C. PEREZ
                                                   ---------------------------------
                                                   Notary Public, State of California




(Seal)

My Commission expires on August 22, 2009.

Page 10



STATE OF ILLINOIS       }
                        }  ss.
COUNTY OF COOK          }


        On this 4th day of December, 2006, before me, A. HERNANDEZ, a Notary Public, personally appeared
Judith L. Bartolini, Vice President of THE BANK OF NEW YORK TRUST COMPANY, N.A., Trustee, personally known to
me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the
within instrument and acknowledged to me that she executed the same in her authorized capacity, and that by
her signature on the instrument the person, or entity on behalf of which the person acted, executed the
instrument.

        WITNESS my hand and official seal.



                                            /s/ A. HERNANDEZ
                                            ----------------------------------------------------------------
                                            Notary Public




(Seal)

My Commission expires on January 22, 2009.




STATE OF ILLINOIS     }
                      }  ss.
COUNTY OF COOK        }


        On this 4th day of December, 2006, before me, A. HERNANDEZ, a Notary Public, personally appeared D. G.
DONOVAN, Trustee, personally known to me (or proved to me on the basis of satisfactory evidence) to be the
person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in
his authorized capacity, and that by his signature on the instrument the person, or entity on behalf of which
the person acted, executed the instrument.

        WITNESS my hand and official seal.



                                            /s/ A. HERNANDEZ
                                            ----------------------------------------------------------------
                                            Notary Public, State of Illinois




(Seal)

My Commission expires on January 22, 2009.

</PRE>
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<DESCRIPTION>CERT AS TO ACTIONS TAKEN BY OFFICER OF SCE
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                                  CERTIFICATE AS TO ACTIONS TAKEN BY OFFICER

                                     OF SOUTHERN CALIFORNIA EDISON COMPANY

                                           Adopted December 4, 2006

               RE:    CREATION AND ISSUANCE OF A NEW SERIES
                      OF FIRST AND REFUNDING MORTGAGE BONDS

               WHEREAS, by resolutions adopted on November 18, 2004, and August 11, 2005, each entitled
"Resolution Re:  Financing Plans," the Board of Directors of this corporation delegated to the undersigned
officer the authority to authorize and create an additional bonded indebtedness of this corporation in the
aggregate principal amount of $400,000,000 to be represented by a new series of its First and Refunding
Mortgage Bonds, Series 2006E (the "New Bonds"), and take all other actions necessary to create the New Bonds
and cause the New Bonds to be issued, sold, and delivered;

               NOW, THEREFORE, BE IT RESOLVED, that pursuant to that resolution and the Trust Indenture dated
as of October 1, 1923, between this corporation and The Bank of New York Trust Company, N.A. (successor to
Harris Trust and Savings Bank) and D. G. Donovan (successor to Pacific-Southwest Trust and Savings Bank), as
Trustees, as amended and supplemented, including as supplemented or proposed to be supplemented by the One
Hundred Fourteenth Supplemental Indenture (collectively, the "Trust Indenture"), the undersigned officer
hereby executes and delivers this certificate and takes the actions set forth herein.

               BE IT FURTHER RESOLVED, that the undersigned officer hereby authorizes and creates an
authorized bonded indebtedness of this corporation in the aggregate principal amount of $400,000,000, which
shall be an increase of, and in addition to, all presently existing

Page 1


authorized bonded indebtedness of this
corporation, and which shall be represented by the New Bonds.

               BE IT FURTHER RESOLVED, that the President or any Vice President and the Secretary or any
Assistant Secretary of this corporation are authorized and directed, pursuant to the provisions of Section 1
of Article Two of the Trust Indenture, to sign and present to The Bank of New York Trust Company, N.A., as
Trustee, a certificate stating that the authorized bonded indebtedness of this corporation has been so
increased.

               BE IT FURTHER RESOLVED, that each of the Chairman of the Board, the Chief Executive Officer,
the President, the Senior Vice President and Chief Financial Officer, the Vice President and Treasurer, or
any Assistant Treasurer, or any of them acting alone, is authorized and directed to execute and deliver the
One Hundred Fourteenth Supplemental Indenture, in such form as the officer acting may approve, such approval
to be evidenced by the execution thereof, and to cause this corporation to perform all of its obligations
under the One Hundred Fourteenth Supplemental Indenture.

               BE IT FURTHER RESOLVED, that, subject to the execution and delivery of the One Hundred
Fourteenth Supplemental Indenture, the New Bonds, to be issued under and secured by the Trust Indenture, are
hereby created in the aggregate principal amount of $400,000,000, and the New Bonds are hereby designated as
"First and Refunding Mortgage Bonds, Series 2006E, Due 2037;" the New Bonds shall be dated as of their date of
issuance, shall mature on January 15, 2037, and shall bear interest from December 11, 2006, at the rate of
5.55% per annum on the principal amount thereof, payable semiannually on  January 15 and July 15 of each
year; the principal of and premium, if any, and interest on the New Bonds shall be payable at the offices of
The Bank of New York Trust Company, N.A., in Chicago, Illinois, or at

Page 2


such other agency or agencies as may be
designated by this corporation; all principal, premium, if any, and interest shall be payable in such coin or
currency of the United States of America as at the time of payment shall be legal tender for public and
private debts; the New Bonds shall be transferable only on the books of this corporation at the places
designated above for the payment of the principal of and premium, if any, and interest on the New Bonds, or
at such other agency or agencies as may be designated by this corporation; the New Bonds shall be redeemable,
at the option of this corporation, in whole or in part, in the manner set forth in the form of definitive New
Bond set forth below; the New Bonds shall be issuable only as fully registered bonds, without coupons, in
denominations of $1,000 and integral multiples of $1,000 in excess thereof; the definitive New Bonds shall be
numbered from R-1 upward; and the definitive New Bonds, and the Certificate of Authentication to be endorsed
upon each of the New Bonds, shall be substantially in the following form with such legends thereon and
changes therein as may be deemed necessary or appropriate by the officer or officers executing the same, and
the blanks therein to be properly filled:

                                    (Form of Definitive Series 2006E Bond)

                                      SOUTHERN CALIFORNIA EDISON COMPANY
                          First and Refunding Mortgage Bonds, Series 2006E, Due 2037

No. ____                                                                $_____________

        SOUTHERN CALIFORNIA EDISON COMPANY, a corporation organized and existing under and by virtue of the
laws of the State of California (hereinafter called the "Company"), for value received, hereby promises to
pay to _____________________, the registered owner hereof, the principal sum of $_______________ on January
15, 2037, and to pay interest on the unpaid principal amount hereof to the registered owner hereof from
December 11, 2006, until said principal sum shall be paid, at the rate of 5.55% per annum, payable
semiannually on January 15 and July 15 in each year, beginning July 15, 2007.  Such interest shall be paid to
the person in whose name this Bond is registered at the close of business on (1) the business day immediately
preceding the interest payment date if this Bond is in book-entry only form, or (2) the 15th calendar day
before each interest payment date if this Bond is not in book-entry only form.

Page 3



        The principal of and interest on this Bond are payable at the offices of The Bank of New York Trust
Company, N.A., as Trustee, in Chicago, Illinois, or at such other agency or agencies as may be designated by
the Company, in such coin or currency of the United States of America as at the time of payment is legal
tender for public and private debts.

        This Bond is one of a series, designated as "Series 2006E, Due 2037," of a duly authorized issue of
bonds of the Company, known as its "First and Refunding Mortgage Bonds," issued and to be issued in one or
more series under and all equally and ratably secured by a Trust Indenture dated as of October 1, 1923, and
indentures supplemental thereto, including the One Hundred Fourteenth Supplemental Indenture, dated as of
December 4, 2006, which have been duly executed, acknowledged and delivered by the Company to The Bank of New
York Trust Company, N.A. and D. G. Donovan, or one of their predecessors, as Trustees, to which original
indenture and indentures supplemental thereto (collectively, the "Trust Indenture") reference is hereby made
for a description of the property, rights and franchises thereby mortgaged and pledged, the nature and extent
of the security thereby created, the rights of the holders of this Bond and of the Trustees in respect of
such security, and the terms, restrictions and conditions upon which the bonds are issued and secured.

        This Bond may be redeemed, in whole or in part, at the option of the Company, at any time prior to its
maturity, after notice given in writing (including by facsimile transmission) to the registered owner hereof
at the last address shown on the registry books of the Company, by the Company or The Bank of New York Trust
Company, N.A., as Trustee, at least 30 days, but not more than 60 days, before the date fixed for redemption,
at a redemption price equal to the greater of (1) the principal amount redeemed or (2) the sum of the present
values of the remaining scheduled payments of principal and interest (excluding any interest accrued from the
immediately preceding interest payment date to the date fixed for redemption) on this Bond being redeemed,
discounted to the date fixed for redemption on a semi-annual basis (assuming a 360-day year consisting of
twelve 30-day months) at the Treasury Yield plus 20 basis points, plus in each case accrued and unpaid
interest to the date fixed for redemption.

        "Treasury Yield" means, for any date fixed for redemption, the rate per year equal to the semi-annual
equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury
Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for the date
fixed for redemption.

        "Comparable Treasury Issue" means the United States Treasury security or securities selected by an
Independent Investment Banker as having an actual or interpolated maturity comparable to the remaining term
to stated maturity of this Bond that would be utilized, at the time of selection and in accordance with
customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to
the remaining term of this Bond.

        "Comparable Treasury Price" means, for any date fixed for redemption, (1) the average of the bid and
asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal
amount) on the third business day preceding the date fixed for redemption, as set forth in the daily
statistical release (or any successor release) published by the

Page 4


Federal Reserve Bank of New York and
designated "Composite 3:30 p.m. Quotations for U.S. Government Securities" or (2) if that release (or any
successor release) is not published or does not contain those prices on that business day, (A) the average of
the Reference Treasury Dealer Quotations for the date fixed for redemption, or (B) if the Independent
Investment Banker obtains fewer than four Reference Treasury Dealer Quotations, the average of all of the
Quotations.

        "Independent Investment Banker" means J.P. Morgan Securities, Inc. ("JPMorgan") or its successor or,
if such firm or its successor is unwilling or unable to select the Comparable Treasury Issue, one of the
remaining Reference Treasury Dealers appointed by The Bank of New York Trust Company, N.A., as Trustee, after
consultation with the Company.

        "Reference Treasury Dealer" means (1) ABN AMRO Incorporated ("ABN AMRO"), Greenwich Capital Markets,
Inc. ("RBS"), JPMorgan, and UBS Securities LLC ("UBS") and any other primary U.S. Government securities
dealer in the United States of America (a "Primary Treasury Dealer") designated by, and not affiliated with
ABN AMRO, JPMorgan, RBS or UBS, or their successors, provided, however, that if ABN AMRO, JPMorgan, RBS or
UBS, or any of their designees, ceases to be a Primary Treasury Dealer, the Company will appoint another
Primary Treasury Dealer as a substitute, and (2) any other Primary Treasury Dealer selected by the Company.

        "Reference Treasury Dealer Quotations" means, for each Reference Treasury Dealer and any date fixed
for redemption, the average, as determined by the Independent Investment Banker, of the bid and asked prices
for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in
writing to the Independent Investment Banker by the Reference Treasury Dealer at 5:00 p.m. on the third
business day preceding the date fixed for redemption.

        If the Company elects to redeem fewer than all the Series 2006E Bonds, The Bank of New York Trust
Company, N.A., as Trustee, will select the particular bonds to be redeemed on a pro rata basis, by lot or by
such other method of random selection, if any, that The Bank of New York Trust Company, N.A., as Trustee,
deems fair and appropriate.

        Any notice of redemption, at the Company's option, may state that the redemption will be conditional
upon receipt by the paying agent, on or prior to the date fixed for the redemption, of money sufficient to
pay the principal of and premium, if any, and interest, if any, on the Series 2006E Bonds to be redeemed and
that if the money has not been so received, the notice will be of no force and effect and the Company will
not be required to redeem this Bond.

        The Trust Indenture makes provision for a Special Trust Fund and permits the use of moneys therein for
the purpose, among others, of redeeming or purchasing this Bond.

        If default shall be made in the payment of any installment of principal of or interest on this Bond or
in the performance or observance of any of the covenants and agreements contained in the Trust Indenture, and
such default shall continue as provided in the Trust Indenture, then

Page 5


the principal of this Bond may be
declared and become due and payable as provided in the Trust Indenture.

        This Bond is transferable only on the books of the Company at any of the places designated above for
the payment of the principal of and premium, if any, or interest on this Bond, or at such other agency or
agencies as may be designated by the Company, by the registered owner or by an attorney of such owner duly
authorized in writing, on surrender hereof properly endorsed, and upon such surrender hereof, and the payment
of charges, a new registered bond or bonds of this series, of an equal aggregate principal amount, will be
issued to the transferee in lieu hereof, as provided in the Trust Indenture.

        The terms of the Trust Indenture may be modified as set forth in the Trust Indenture; provided,
however, that, among other things, (1) the obligation of the Company to pay the principal of and premium, if
any, and interest on all bonds outstanding under the Trust Indenture, as at the time in effect, shall
continue unimpaired, (2) no modification shall give any of said bonds any preference over any other of said
bonds, and (3) no modification shall authorize the creation of any lien prior to the lien of the Trust
Indenture on any of the trust property.

        No recourse shall be had for the payment of the principal of and premium, if any, or interest on this
Bond, or any part thereof, or for or on account of the consideration herefor, or for any claim based hereon,
or otherwise in respect hereof, or of the Trust Indenture, against any past, present or future stockholder,
officer or director of the Company or of any predecessor or successor company, whether for amounts unpaid on
stock subscriptions, or by virtue of any statue or constitution, or by the enforcement of any assessment or
penalty, or because of any representation or inference arising from the capitalization of the Company or of
such predecessor or successor company, or otherwise; all such liability being, by the acceptance hereof and
as a part of the consideration for the issue hereof, expressly released.

        This Bond shall not be valid or obligatory for any purpose until it shall have been authenticated by
the execution of the certificate of authentication hereon of The Bank of New York Trust Company, N.A., as
Trustee, or its successor in trust.

        IN WITNESS WHEREOF, Southern California Edison Company has caused this Bond to be executed in its name
by its President or one of its Vice Presidents and its corporate seal to be hereto affixed and attested by
its Secretary or one of its Assistant Secretaries, as of ____________, ____, such execution and attestation
to be by manual or facsimile signatures.

                                                 SOUTHERN CALIFORNIA EDISON COMPANY

ATTEST: ______________________                   By: ___________________________
           [Assistant] Secretary                          [Vice] President

Page 6



                      (Form of Certificate of Authentication for all Series 2006E Bonds)

                                             Trustee's Certificate

        This is to certify that this Bond is one of the Bonds, of the series designated therein, described and
referred to in the Trust Indenture within mentioned.

                                    THE BANK OF NEW YORK TRUST COMPANY, N.A.,
                                    TRUSTEE


                                    By _________________________________
                                                   [Authorized Agent]

                                      (End of Form of Series 2006E Bond)


               BE IT FURTHER RESOLVED, that pursuant to the Trust Indenture, as in effect following due
execution and delivery of the One Hundred Fourteenth Supplemental Indenture, the President or any Vice
President and the Secretary or any Assistant Secretary of this corporation are authorized and directed, for
and in the name and on behalf of this corporation and under its corporate seal (which seal may be either
impressed, printed, lithographed or engraved thereon), to execute (which execution may be by a facsimile
signature) and to deliver the New Bonds to The Bank of New York Trust Company, N.A., as Trustee, for
authentication in temporary and/or definitive form, and in such aggregate principal amount up to $400,000,000
as the President or any Vice President and the Secretary or any Assistant Secretary of this corporation shall
in their absolute discretion determine.

               BE IT FURTHER RESOLVED, that the President or any Vice President and the Secretary or any
Assistant Secretary of this corporation are authorized and directed for and in the name and on behalf of this
corporation and under its corporate seal, to execute and to deliver to The Bank of New York Trust Company,
N.A., as Trustee, the written order of this corporation

Page 7



for the authentication and delivery of the New Bonds
pursuant to such sections of Article Two of the Trust Indenture as the officers acting may determine.

               BE IT FURTHER RESOLVED, that the Secretary or any Assistant Secretary of this corporation is
hereby authorized and directed to deliver to, and file with, The Bank of New York Trust Company, N.A., as
Trustee, a copy of the this certificate of actions taken, certified by the Secretary or any Assistant
Secretary of this corporation.

               IN WITNESS  WHEREOF,  the undersigned has executed this certificate as of the date first written
above.
                                            /s/ George T. Tabata
                                            --------------------------------------------------
                                            George T. Tabata
                                            Assistant Treasurer
                                            Southern California Edison Company

</PRE>
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<DESCRIPTION>OPINION LTR OF BEM RE FMB
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<BODY><PRE>


                                               December 4, 2006


Southern California Edison Company
2244 Walnut Grove Avenue
Rosemead, California 91770

    Re:  Offering of Southern California Edison Company's
         $400,000,000 5.55% First and Refunding Mortgage Bonds,
         Series 2006E, Due 2037

Ladies and Gentlemen:

               I am Vice President, Associate General Counsel, Chief Governance Officer and Corporate
Secretary of Southern California Edison Company, a California corporation ("SCE").  You have requested my
opinion in connection with the offering, issuance, and sale by SCE of its $400,000,000 5.55% First and
Refunding Mortgage Bonds, Series 2006E, Due 2037 (the "Bonds").  The Bonds will be issued under the Trust
Indenture dated as of October 1, 1923, executed by and between the Company and The Bank of New York Trust
Company, N.A., as successor trustee and D. G. Donovan as successor trustee (the "Trustee"), as amended and
supplemented by supplemental indentures, including the One Hundred Fourteenth Supplemental Indenture dated as
of December 4, 2006 (that Trust Indenture, as so amended and supplemented, being referred to herein as the
"Indenture").

               The Bonds are being offered to the public by the Prospectus Supplement dated December 4, 2006,
to the Prospectus dated August 8, 2006 (together, the "Prospectus"), which is part of a Registration
Statement on Form S-3 (Registration No. 333-136394) (the "Registration Statement"), filed by SCE with the
Securities and Exchange Commission under the Securities Act of 1933, as amended (the "Securities Act").  The
Bonds are being sold by the Company pursuant to the Underwriting Agreement dated December 4, 2006 (the
"Underwriting Agreement"), between the Company and ABN AMRO Incorporated, J.P. Morgan Securities Inc.,
Greenwich Capital Markets, Inc., and UBS Securities LLC, as representatives of the several Underwriters named
therein.

               In my capacity as Vice President, Associate General Counsel, Chief Governance Officer and
Corporate Secretary, I am generally familiar with the proceedings taken and proposed to be taken by SCE for
the authorization and issuance of the Bonds.  I, or attorneys acting under my supervision, have made legal
and factual examinations and inquiries, including an examination of originals and copies certified or
otherwise identified to our satisfaction, of the documents, corporation records and instruments of SCE that
we have deemed necessary or appropriate for purposes of this opinion.  In our examination, we have assumed the
genuineness of all signatures, the authenticity of all documents submitted to us as originals, and the
conformity to authentic original documents of all documents submitted to us as copies.  In addition, we have
obtained and relied upon certificates and assurances from public officials that we have deemed necessary.

Page 1



               Subject to the foregoing and the other qualifications set forth herein, it is my opinion that
when the Bonds have been duly established in accordance with the terms of the Indenture, duly authenticated
by the Trustee, and duly executed, sold and delivered on behalf of SCE in accordance with the terms and
provisions of the Indenture and as contemplated by the Registration Statement and the Prospectus, the Bonds
will constitute valid and legally binding obligations of SCE enforceable against SCE in accordance with the
terms of the Bonds.

               In addition to any assumptions, qualifications and other matters set forth elsewhere herein,
the opinions set forth above are subject to the following:

               (A)    My opinions with respect to the legality, validity, binding effect and enforceability
of the Bonds are subject to the effect of any applicable bankruptcy, insolvency, fraudulent conveyance,
fraudulent transfer, equitable subordination, reorganization, moratorium, or similar law affecting creditors'
rights generally and to the effect of general principles of equity, including (without limitation) concepts
of materiality, reasonableness, estoppel, good faith, and fair dealing (regardless of whether considered in a
proceeding in equity or at law).  I express no opinion as to the availability of equitable remedies.  In
applying such equitable principles, a court, among other things, might not allow a creditor to accelerate the
maturity of a debt or enforce a guaranty thereof upon the occurrence of a default deemed immaterial or for
non-credit reasons or might decline to order a debtor to perform covenants.  Such principles applied by a
court might also include a requirement that a creditor act with reasonableness and in good faith.

               (B)    My opinions with respect to the legality, validity, binding effect, and enforceability
of the Bonds are also subject to (i) the terms of the franchises, licenses, easements, leases, permits,
contracts, and other instruments under which the property subject to the Indenture is held or operated,
(ii) in respect of nuclear energy facilities included within the property subject to the Indenture, the
provisions of the Atomic Energy Act of 1954, as amended, and regulations thereunder, (iii) in respect of
SCE's interest in the Four Corners Generating Station in New Mexico, and the easement and lease therefor,
possible defects in title, including possible conflicting grants or encumbrances not ascertainable because of
the absence of or inadequacies in the applicable recording law and the record systems of the Bureau of Indian
Affairs and the Navajo Nation, the possible inability of SCE to resort to legal process to enforce its rights
against the Navajo Nation without Congressional consent and, in the case of SCE's lease, possible impairment
or termination under certain circumstances by Congress or the Secretary of the Interior, (iv) other liens,
prior rights and encumbrances none of which other liens, prior rights and encumbrances, with minor or
insubstantial exceptions, affects from a legal standpoint the security for the Bonds or SCE's right to use
such properties in its business, and (v) governmental agency approvals that may be required in connection
with foreclosure.

               (C)    Certain rights, remedies and waivers with respect to the Bonds may be unenforceable in
whole or in part, but the inclusion of such provisions in the Bonds does not affect the validity of the
Bonds, taken as a whole, and, except as set forth in Paragraphs (A) and (B) above, the Indenture and the
Bonds, taken as a whole, contain adequate provisions for enforcing payment of the obligations with respect to
the Bonds; however, the unenforceability of such provisions may result in delays in or limitations on the
enforcement of the parties' rights

Page 2



and remedies under the Indenture or the Bonds (and I express no opinion as
to the economic consequences, if any, of such delays or limitations).

               (D)    I express no opinion on (i) any conflicts between any provision in the Indenture or the
Bonds and the real property antideficiency, fair value, and/or one form of action provisions of California
law, or any law governing foreclosure and disposition procedures regarding any real or personal property
collateral, or any limitations on attorneys' or trustees' fees, and (ii) the effect of Section 1708 of the
California Public Utilities Code which, among other matters, provides that the California Public Utilities
Commission may at any time, upon notice to the parties, and with opportunity to be heard, rescind, alter, or
amend any order or decision made by it.

               (E)    I am a member of the Bar of the State of California.  My opinions expressed herein are
limited to the laws of the State of California and the federal laws of the United States of America, except
to the extent that my opinions are affected by the laws of the States of Arizona, Nevada, and New Mexico, in
which states the Company owns certain assets and conducts certain business operations.

               (G)    This opinion letter is an expression of my professional judgment on the legal issues
explicitly addressed.  By rendering the opinions herein, I do not become an insurer or guarantor of the
expression of such professional judgment.  Nor does the rendering of such opinions guarantee the outcome of
any legal dispute that may arise out of the contemplated transactions.  The rendering of the opinions herein
does not create any express or implied contract or agreement between or with any person entitled to rely
thereon and me.  My opinions set forth herein are based upon the facts in existence and laws in effect on the
date hereof, and are rendered as of the date hereof, and I expressly disclaim any obligation to update my
opinions herein, regardless of whether changes in such facts or laws come to my attention after the delivery
hereof.

               I consent to SCE filing this opinion with the Securities and Exchange Commission as an exhibit
to a Current Report on Form 8-K, which will be incorporated by reference into the Prospectus, and to the
reference to me under the caption "Legal Matters" in the Prospectus.  In giving this consent, I do not hereby
admit that I am in the category of persons whose consent is required under Section 7 of the Securities Act
and regulations of the Securities and Exchange Commission issued thereunder.

                                            Very truly yours,

                                            /s/ Barbara E. Mathews
                                            ----------------------------
                                            Barbara E. Mathews
                                            Vice President, Associate General Counsel,
                                            Chief Governance Officer and
                                            Corporate Secretary
                                            Southern California Edison Company

</PRE>
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<FILENAME>ratiosfixedchrgandprefstock.htm
<DESCRIPTION>RATIOS OF FIXED CHRGS AND PREF STOCK
<TEXT>
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<HEAD>
<TITLE>ratiosfixedchrgandprefstock</TITLE>
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<BODY><PRE>
SOUTHERN CALIFORNIA EDISON COMPANY AND CONSOLIDATED UTILITY-RELATED SUBSIDIARIES

RATIOS OF EARNINGS TO FIXED CHARGES AND PREFERRED AND PREFERENCE STOCK

(Thousands of Dollars)
                                                                                                          9 Months        12 Months
                                                   Year Ended December 31,                                 Ended            Ended
                                           -------------------------------------------------------------------
                                           -------------------------------------------------------------------
                                              2001         2002         2003        2004        2005    Sept 30, 2006  Sept 30, 2006
                                           ---------- ------------ ------------ ----------- ----------- -------------  -------------
                                           ---------- ------------ ------------ ----------- ----------- -------------  -------------


EARNINGS BEFORE INCOME TAXES
  AND FIXED CHARGES:

Income before interest expense (1)      $ 4,850,848   $ 2,473,121  $ 1,727,267  $ 1,767,449  $ 1,414,472  1,381,751  $ 1,734,791
Add:
  Rentals (2)                                 2,128         1,240          638          776        1,313      1,416        1,834
  Allocable portion of interest
      on long-term Contracts for
      the purchase of power (3)               1,659         1,616        1,568        1,515        1,457      1,051        1,410
  Amortization of previously capitalized
      fixed charges                           1,083         1,440        1,638        1,405        1,579        937        1,310
                                           ----------  ------------   ---------  -----------  -----------  ---------   -----------
                                           ----------  ------------   ---------  -----------  -----------  ---------   -----------
Total earnings before income
  taxes and fixed charges (A)           $  4,855,718  $  2,477,417  $ 1,731,111  $ 1,771,145  $ 1,418,821   1,385,155  $ 1,739,345
                                           ==========   ============   ========  ===========   ===========  ==========  ============
                                           ==========   ============   ========  ===========   ===========  ==========  ============




FIXED CHARGES:
  Interest and amortization             $    784,858  $    584,442  $   451,792  $   399,169  $   370,650     310,160  $  384,158
  Rentals (2)                                  2,128         1,240          638          776        1,313       1,416       1,834
  Capitalized fixed charges -
      nuclear fuel (4)                           756           520           97          839        1,075       1,769       2,308
  Allocable portion of interest on
      long-term contracts for
      the purchase of power (3)                1,659         1,616        1,568        1,515        1,457       1,051       1,410
  Preferred and preference stock dividend
      requirements - pre-tax basis            37,907       29,119        22,262       22,962       37,587      61,576      78,384
                                           ----------    ----------   ----------   -----------   -----------  ------------- -------
                                           ----------    ----------   ----------   -----------   -----------  ------------- -------
Total fixed charges (B)                 $    827,308  $    616,937  $   476,357    $ 425,261    $ 412,082     375,972   $ 468,094
                                           ===========   ==========   ===========   ===========  ===========  ========   ===========
                                           ===========   ==========   ===========   ===========  ===========  ========   ===========


RATIO OF EARNINGS TO
  FIXED CHARGES (A) / (B):                      5.87          4.02         3.63          4.16         3.44       3.68         3.72
                                           ==========   ============   ============   ===========  ===========  ========   =========
                                           ==========   ============   ============   ===========  ===========  ========   =========




(1)   Includes allowance for funds used during construction and accrual of unbilled revenue.
(2)   Rentals include the interest factor relating to certain significant rentals plus one-third of all remaining annual rentals.
(3)   Allocable portion of interest included in annual minimum debt service requirement of supplier.
(4)   Includes fixed charges associated with Nuclear Fuel.

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<DOCUMENT>
<TYPE>EX-12.2
<SEQUENCE>7
<FILENAME>ratioearningstofixedcharges.htm
<DESCRIPTION>RATIOS OF EARNINGS TO FIXED CHARGES FOR SCE
<TEXT>
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<HEAD>
<TITLE>ratiosofearningstofixedcharges</TITLE>
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SOUTHERN CALIFORNIA EDISON COMPANY AND CONSOLIDATED UTILITY-RELATED SUBSIDIARIES

RATIOS OF EARNINGS TO FIXED CHARGES

(Thousands of Dollars)
                                                                                                                   9 Months          12 Months
                                          Year Ended December 31,                                                    Ended             Ended
                                         --------------------------------------------------------------------
                                         --------------------------------------------------------------------
                                            2001          2002           2003          2004          2005        Sept 30, 2006     Sept 30, 2006
                                         -----------   ------------   -----------   -----------   -----------   ----------------   ---------------
                                         -----------   ------------   -----------   -----------   -----------   ----------------   ---------------


EARNINGS BEFORE INCOME TAXES
  AND FIXED CHARGES:

Income before interest expense (1)     $  4,850,848  $   2,473,121     1,727,267  $  1,767,449  $  1,414,472  $       1,381,751  $      1,734,791
Add:
  Rentals (2)                                 2,128          1,240           638           776         1,313              1,416             1,834
  Allocable portion of interest
      on long-term Contracts for
      the purchase of power (3)               1,659          1,616         1,568         1,515         1,457              1,051             1,410
  Amortization of previously capitalized
      fixed charges                           1,083          1,440         1,638         1,405         1,579                937             1,310
                                         -----------   ------------   -----------   -----------   -----------   ----------------   ---------------
                                         -----------   ------------   -----------   -----------   -----------   ----------------   ---------------
Total earnings before income
  taxes and fixed charges (A)          $  4,855,718  $   2,477,417     1,731,111  $  1,771,145  $  1,418,821  $       1,385,155  $      1,739,345
                                         ===========   ============   ===========   ===========   ===========   ================   ===============
                                         ===========   ============   ===========   ===========   ===========   ================   ===============




FIXED CHARGES:
  Interest and amortization            $    784,858  $     584,442       451,792  $    399,169  $    370,650  $         310,160  $        384,158
  Rentals (2)                                 2,128          1,240           638           776         1,313              1,416             1,834
  Capitalized fixed charges -
      nuclear fuel (4)                          756            520            97           839         1,075              1,769             2,308
  Allocable portion of interest on
      long-term contracts for
      the purchase of power (3)               1,659          1,616         1,568         1,515         1,457              1,051             1,410
                                         -----------   ------------   -----------   -----------   -----------   ----------------   ---------------
                                         -----------   ------------   -----------   -----------   -----------   ----------------   ---------------
Total fixed charges (B)                $    789,401  $     587,818       454,095  $    402,299  $    374,495  $         314,396  $        389,710
                                         ===========   ============   ===========   ===========   ===========   ================   ===============
                                         ===========   ============   ===========   ===========   ===========   ================   ===============


RATIO OF EARNINGS TO
  FIXED CHARGES (A) / (B):                     6.15           4.21          3.81          4.40          3.79               4.41              4.46
                                         ===========   ============   ===========   ===========   ===========   ================   ===============
                                         ===========   ============   ===========   ===========   ===========   ================   ===============






(1)   Includes allowance for funds used during construction and accrual of unbilled revenue.
(2)   Rentals include the interest factor relating to certain significant rentals plus one-third of all remaining annual rentals.
(3)   Allocable portion of interest included in annual minimum debt service requirement of supplier.
(4)   Includes fixed charges associated with Nuclear Fuel.


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<DOCUMENT>
<TYPE>EX-25
<SEQUENCE>8
<FILENAME>t-1scefmb11_28.htm
<DESCRIPTION>FORM T-1 STATEMENT OF ELIGIBILITY FOR SCE
<TEXT>
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<TITLE>form t1 w exh7</TITLE>
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       = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
                                              FORM T-1

                                 SECURITIES AND EXCHANGE COMMISSION
                                       Washington, D.C. 20549

                                      STATEMENT OF ELIGIBILITY
                             UNDER THE TRUST INDENTURE ACT OF 1939 OF A
                              CORPORATION DESIGNATED TO ACT AS TRUSTEE

                                CHECK IF AN APPLICATION TO DETERMINE
                                ELIGIBILITY OF A TRUSTEE PURSUANT TO
                                  SECTION 305(b)(2)           |__|
                                     ___________________________

                              THE BANK OF NEW YORK TRUST COMPANY, N.A.

                         (Exact name of trustee as specified in its charter)

                                                              95-3571558
(State of incorporation                                       (I.R.S. employer
if not a U.S. national bank)                                  identification no.)

700 South Flower Street
Suite 500
Los Angeles, California                                       90017
(Address of principal executive offices)                      (Zip code)
                                     ___________________________

                                 Southern California Edison Company

                         (Exact name of obligor as specified in its charter)

California                                                    95-1240335
(State or other jurisdiction of                               (I.R.S. employer
incorporation or organization)                                identification no.)

2244 Walnut Grove Avenue                                      91770
Rosemead, California                                          (Zip code)
(Address of principal executive offices)
                                     ___________________________

                                        First Mortgage Bonds
                                 (Title of the indenture securities)

= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =

Page 1




1.      General information.  Furnish the following information as to the trustee:

        (a)    Name and address of each examining or supervising authority to which it is subject.

- ----------------------------------------------------- ------------------------------------

                   Name                                             Address
- ----------------------------------------------------- ------------------------------------
       Comptroller of the Currency
       United States Department of the Treasury
                                                      Washington, D.C. 20219
       Federal Reserve Bank                           San Francisco, California 94105


       Federal Deposit Insurance Corporation          Washington, D.C. 20429

         (b)   Whether it is authorized to exercise corporate trust powers.

        Yes.

2.      Affiliations with Obligor.

        If the obligor is an affiliate of the trustee, describe each such affiliation.

        None.

16.     List of Exhibits.

        Exhibits  identified in parentheses  below,  on file with the  Commission,  are  incorporated
        herein by reference as an exhibit  hereto,  pursuant to Rule 7a-29 under the Trust  Indenture
        Act of 1939 (the "Act") and 17 C.F.R. 229.10(d).

        1.     A copy of the  articles of  association  of The Bank of New York Trust  Company,  N.A.
               (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948).

        2.     A copy of certificate of authority of the trustee to commence business.  (Exhibit 2 to
               Form T-1 filed with Registration Statement No. 333-121948).

        3.     A copy of the  authorization  of the  trustee  to  exercise  corporate  trust  powers.
               (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-121948).

        4.     A copy of the  existing  by-laws  of the  trustee.  (Exhibit  4 to Form T-1 filed with
               Registration Statement No. 333-121948).

Page 2




        6.     The consent of the trustee  required by Section 321(b) of the Act.  (Exhibit 6 to Form
               T-1 filed with Registration Statement No. 333-121948).

        7.     A copy of the latest report of condition of the Trustee  published  pursuant to law or
               to the requirements of its supervising or examining authority.

Page 3




                                              SIGNATURE


        Pursuant to the  requirements  of the Act, the trustee,  The Bank of New York Trust  Company,
N.A., a banking  association  organized and existing  under the laws of the United States of America,
has duly  caused  this  statement  of  eligibility  to be  signed on its  behalf by the  undersigned,
thereunto duly authorized,  all in The City of Los Angeles, and State of California,  on the 28th day
of November, 2006.


                                            THE BANK OF NEW YORK TRUST COMPANY, N.A.

                                            By:    /S/ Melonee Young
                                            Name:      Melonee Young
                                                       Title: Vice President

Page 4

                                                                                           EXHIBIT 7


                                 Consolidated Report of Condition of
                              THE BANK OF NEW YORK TRUST COMPANY, N.A.
                    of 700 South Flower Street, Suite 200, Los Angeles, CA 90017

        At the close of business September 30, 2006,  published in accordance with Federal regulatory
authority instructions.


                                                                                         Dollar Amounts
                                                                                         in Thousands
ASSETS

Cash and balances due from
        depository institutions:
        Noninterest-bearing balances
          and currency and coin........................................................  3,188
        Interest-bearing balances..........................................................  0
Securities:
        Held-to-maturity securities........................................................ 56
        Available-for-sale securities.................................................  64,467
Federal funds sold and securities
        purchased under agreements to resell:
        Federal funds sold ...........................................................  49,000
        Securities purchased under agreements to resell..............................  128,000
Loans and lease financing receivables:
        Loans and leases held for sale.....................................................  0
        Loans and leases,
          net of unearned income......................... 0
        LESS: Allowance for loan and
          lease losses................................... 0
        Loans and leases, net of unearned
          income and allowance ............................................................  0
Trading assets.............................................................................  0
Premises and fixed assets (including
        capitalized leases)............................................................  3,808
Other real estate owned...................................................................   0
Investments in unconsolidated
        subsidiaries and associated
        companies..........................................................................  0
Not applicable
Intangible assets:
      Goodwill   ......................................................................267,486
      Other Intangible Assets ..........................................................15,230
Other assets..........................................................................  40,470
Total assets......................................................................... $571,705


Page 1 of Exhibit 7




LIABILITIES

Deposits:
        In domestic offices............................................................  2,039
        Noninterest-bearing...........................2,039
        Interest-bearing..............................0
Not applicable
Federal funds purchased and securities
        sold under agreements to repurchase:
        Federal funds purchased............................................................  0
        Securities sold under agreements to repurchase.....................................  0
Trading liabilities........................................................................  0
Other borrowed money:
        (includes mortgage indebtedness
        and obligations under capitalized
        leases).......................................................................  58,000
Not applicable
Not applicable
Subordinated notes and debentures..........................................................  0
Other liabilities.....................................................................  85,004
Total liabilities....................................................................  145,043
Minority interest in consolidated subsidiaries.............................................  0

EQUITY CAPITAL

Perpetual preferred stock and related surplus................................................0
Common stock...........................................................................  1,000
Surplus (exclude all surplus related to preferred stock).............................  321,520
Retained earnings....................................................................  104,139
Accumulated other comprehensive
        income.............................................................................  3
Other equity capital components............................................................  0
Total equity capital................................................................   426,662
Total liabilities, minority interest, and equity capital (sum of items 21, 22, and 28) 571,705

        I, William J.  Winkelmann,  Vice President of the above-named bank do hereby declare that the
Reports of Condition and Income  (including the supporting  schedules) for this report date have been
prepared  in  conformance  with  the  instructions  issued  by  the  appropriate  Federal  regulatory
authority and are true to the best of my knowledge and belief.

        William J. Winkelmann)      Vice President

        We,  the  undersigned  directors  (trustees),  attest  to the  correctness  of the  Report of
Condition  (including  the  supporting  schedules)  for this report date and declare that it has been
examined by us and to the best of our  knowledge  and belief has been  prepared in  conformance  with
the instructions issued by the appropriate Federal regulatory authority and is true and correct.

        Michael K. Klugman, President       )
        Michael F. McFadden, MD             )      Directors (Trustees)
        Frank P. Sulzberger, Vice President )


Page 2 of Exhibit 7

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