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    Filed Under Rule 424(b)(3)
Registration File
No. 333-59601-99 and 33-57658
PRICING SUPPLEMENT NO. 3
Dated June 9, 2003 to
Prospectus Supplement dated May 21, 2003
   


CONSTELLATION ENERGY GROUP, INC
Common Stock
Continuous Offering Program

        This Pricing Supplement describes our issuance of shares of stock through Citigroup Global Markets Inc., as agent.


Reporting Period:

 

June 2—June 6, 2003

Total Number of Shares:

 

250,000

Gross Proceeds:

 

$8,476,644.00

Agent Commission:

 

$12,500.00

Other Charges:

 

$397.09

Net Proceeds to Company:

 

$8,463,746.91

Shares Registered

 

3,731,000

Shares Remaining to be Issued after above issuances

 

1,065,400



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CONSTELLATION ENERGY GROUP, INC Common Stock Continuous Offering Program