PUCO approves DPL transition plan

DAYTON, Ohio, Sept. 5, 2003 — DPL Inc. announced that the Public Utilities Commission of Ohio (PUCO) has issued an order to The Dayton Power & Light Company (DP&L) approving the company’s transition plan. The order, among other things, ensures price stability through 2008 for DP&L customers throughout West Central Ohio.

“DP&L customers will have enjoyed the benefits of flat prices for 15 years by 2008, because of the years included by this transition order,” said Stephen F. Koziar, President and Chief Executive Officer of DPL. “Price certainty and reliable service benefit everybody.”

The agreement was negotiated over several months by a number of groups including the Ohio Consumers’ Counsel, Industrial Energy Users – Ohio, Ohio Partners for Affordable Energy, Community Action Partnership and the staff of the PUCO.

About DPL

DPL Inc. is a diversified regional energy company. DPL’s principal subsidiaries include The Dayton Power & Light Company (DP&L) and DPL Energy. DP&L provides electric services to over 500,000 retail customers in West Central Ohio. DPL Energy markets over 4,600 megawatts of generation capacity throughout the eastern United States. DPL Inc., through its subsidiaries, ranks among the top energy companies in generation efficiency and productivity. Further information on DPL Inc. can be found at www.dplinc.com.

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