Dominion declares quarterly dividend of 64.5 cents per share

RICHMOND, Va., Oct. 19, 2001 – The board of directors of Dominion today declared a quarterly dividend of 64.5 cents per share of common stock.

Dividends are payable December 20 to holders of record at the close of business November 26.

This is the 295th consecutive dividend that Dominion or its predecessor company has paid holders of common stock and represents more than 75 consecutive years of dividends paid. Dominion’s last quarterly dividend was declared July 20, 2001.

The board of directors of Virginia Electric and Power Company, a subsidiary of Dominion, also declared regular quarterly dividends at the prescribed rates on each of its series of preferred stock. Preferred dividends are payable December 20 to holders of record at the close of business November 26.

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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