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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)
___________________________
SCE Trust II
(Exact name of obligor as specified in its charter)
Delaware 95-7104036
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
2244 Walnut Grove Avenue
Rosemead, California 91770
(Address of principal executive offices) (Zip code)
_____________________________
Preferred Securities
(Title of the indenture securities)
= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
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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).
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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.
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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 Chicago, and State of Illinois, on the 3rd day of August, 2006.
THE BANK OF NEW YORK TRUST COMPANY, N.A.
By: /S/ R. ELLWANGER
-----------------------------------
Name: R. ELLWANGER
Title: ASSISTANT VICE PRESIDENT
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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 March 31, 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........................................................ 3,453
Interest-bearing balances.......................................................... 0
Securities:
Held-to-maturity securities........................................................ 63
Available-for-sale securities................................................. 62,137
Federal funds sold and securities
purchased under agreements to resell:
Federal funds sold ........................................................... 40,800
Securities purchased under agreements to resell.............................. 115,000
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)............................................................ 4,043
Other real estate owned................................................................... 0
Investments in unconsolidated
subsidiaries and associated
companies.......................................................................... 0
Not applicable
Intangible assets:
Goodwill ......................................................................265,964
Other Intangible Assets ..........................................................15,721
Other assets.......................................................................... 37,548
--------
Total assets......................................................................... $544,729
========
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LIABILITIES
Deposits:
In domestic offices............................................................ 1,891
Noninterest-bearing............................................1,891
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..................................................................... 73,236
Total liabilities.................................................................... 133,127
=======
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..................................................................... 89,351
Accumulated other comprehensive
income.......................................................................... -269
Other equity capital components............................................................ 0
Total equity capital................................................................ 411,602
-------
Total liabilities, minority interest, and equity capital
(sum of items 21, 22, and 28) ............................................. 544,729
=======
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 )
