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EXECUTION COPY - Edison International

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Corporate Trust Office. The Company or any of its Subsidiaries may act as Paying Agent orRegistrar.The Company initially appoints The Depository Trust Company ("DTC") to act asDepositary with respect to the Global Notes.The Company initially appoints the Trustee to act as the Registrar and Paying Agent andto act as Custodian with respect to the Global Notes and designates the Trustee's Minneapolisoffice as the office or agency referred to in the first sentence of this Section.Section 2.5Paying Agent to Hold Money in Trust.The Company shall require each Paying Agent other than the Trustee to agree in writingthat the Paying Agent shall hold in trust for the benefit of Holders or the Trustee all money heldby the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, orinterest on the Notes, and will notify the Trustee in writing of any default by the Company inmaking any such payment. While any such default continues, the Trustee may require a PayingAgent to pay all money held by it to the Trustee. The Company at any time may require aPaying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, thePaying Agent (if other than the Company or a Subsidiary) shall have no further liability for themoney. If the Company or a Subsidiary acts as Paying Agent, it shall segregate and hold in aseparate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon anybankruptcy or reorganization proceedings relating to the Company, the Trustee shall serve asPaying Agent for the Notes.The Company shall, prior to each due date, or not later than 11:00 AM New York Citytime on each due date, of the principal of, premium, and Liquidated Damages, if any, or intereston the Notes, deposit with the Paying Agent a sum sufficient to pay such principal, premium, orinterest, and (unless such Paying Agent is the Trustee) the Company shall promptly notify theTrustee of any failure to take such action.Anything in this Section 2.5 to the contrary notwithstanding, the Company may at anytime, for the purpose of obtaining satisfaction and discharge of this Indenture or for any otherreason, pay or cause to be paid to the Trustee all sums held in trust by any Paying Agenthereunder, as required by this Section 2.5, such sums to be held by the Trustee upon the trustsherein contained.Anything in this Section to the contrary notwithstanding, the agreement to hold sums intrust as provided in this Section 2.5 is subject to the provisions of Section 9.1 and Section 9.3hereof.Section 2.6Holder Lists.The Trustee shall preserve in as current a form as is reasonably practicable the mostrecent list available to it of the names and addresses of all Holders and shall otherwise complywith TIA § 312(a). If the Trustee is not the Registrar, the Company shall furnish to the Trusteeat least seven Business Days before each interest payment date and at such other times as theTrustee may request in writing, a list in such form and as of such date as the Trustee may13

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