Filed Pursuant to Rule 424(b)(2) Registration File No. 333-32311 PRICING SUPPLEMENT NO. 5 Dated March 11, 1999 to Prospectus dated August 4, 1997. BALTIMORE GAS AND ELECTRIC COMPANY Medium-Term Notes, Series G Principal Amount: 	$60,000,000 Original Issue Date: 	March 16, 1999 Stated Maturity: 	March 14, 2001 Price to Public: 	$60,000,000 Agent: 	Lehman Brothers Inc. Agent's Commission: $135,000 Net Proceeds to Company: 	 $59,865,000 CUSIP: 	05916M AP 8 Floating Rate Note Interest Rate Information: 	Initial Interest Rate: 	To be set March 12, 1999 	Initial Interest Period: 	March 16, 1999 to June 16, 1999 	Interest Rate Index: 	LIBOR 	Index Maturity: 	3 Months 	Spread: 	Plus 0.02% 	Maximum Interest Rate: 	None 	Minimum Interest Rate: 	None 	Interest Reset Dates and 	Quarterly on the 3rd Wednesday 	 Interest Payment Dates:	 of March, June, September, and 		 December 	Interest Determination 	Second Business Day preceding 	 Date and Calculation Date:	 the Interest Reset Date Filed Pursuant to Rule 424(b)(2) Registration File No. 333-32311 PRICING SUPPLEMENT NO. 5 Dated March 11, 1999 to Prospectus dated August 4, 1997 BALTIMORE GAS AND ELECTRIC COMPANY Medium-Term Notes, Series G (Continued) 	Calculation Agent: 	The Bank of New York 	Record Dates: 	15 calendar days prior to each 		 Interest Payment Date We registered a total of $200,000,000 worth of Notes. We have issued $200,000,000, including this $60,000,000. This completes the sale of Medium-Term Notes, Series G. - 2 -