Pepco Holdings to Webcast Annual Meeting
Tuesday, April 22, 2003
For Immediate Release
Pepco Holdings, Inc. (NYSE: POM), one of the largest energy deliverycompanies in the mid-Atlantic region, will webcast the annual meetingof shareholders on Friday, April 25, beginning at 10 a.m. EDT.
Chairman and Chief Executive Officer John M. Derrick, Jr. and Presidentand Chief Operating Officer Dennis R. Wraase will discuss the company''sbusiness strategy and first-quarter 2003 earnings. PHI was created asa holding company last year as a result of the merger of Washington, D.C.-based Potomac Electric Power Co. and Wilmington, Del.-based Conectiv.
The live audio and slide presentation of the meeting can be accessedat PHI''s Web site, www.pepcoholdings.com/investors. For an "audioonly" version of the meeting, telephone 1-888-285-4585. Callers willbe asked for a participant code. That number is 236088.
Note: If any non-GAAP financial information (as defined by the Securitiesand Exchange Commission in Regulation G) is used in any presentation atthe annual meeting, a presentation of the most directly comparable GAAPmeasure and a reconciliation of the differences, will be available atwww.pepcoholdings.com/investors/index.html.
The webcast will be archived for one year and be available at PHI''s Website, www.pepcoholdings.com.
The meeting will be held in Washington at the JW Marriott Hotel, CapitolBallroom, 1331 Pennsylvania Ave., N.W.
Pepco Holdings, Inc., headquartered in Washington, D.C.,delivers about 50,000 gigawatts of power annually to more than 1.8 millioncustomers in the District of Columbia, Delaware, Maryland, New Jerseyand Virginia. PHI engages in regulated utility operations by deliveringelectricity and natural gas, and provides competitive energy and energyproducts and services to residential and commercial customers.
