Pepco Holdings, Inc. Introduces New Corporate Governance Section of Web Site
Thursday, January 08, 2004
Washington , DC - Pepco Holdings, Inc. (NYSE: POM), today introduced a new section of its Web site, www.pepcoholdings.com , dedicated to corporate governance information. The site includes corporate governance guidelines; business policies; the certificate of incorporation; bylaws; comprehensive information on the board of directors, including committees and their charters; and information on executive leadership. The information has been added to the Web site in accordance with the Sarbanes-Oxley Act of 2002, though PHI added more information to the site than what is required by the Act.
"The new corporate governance Web page will enable shareholders and prospective investors to access, at a single location, important information concerning the management of the company, including the various charters, policies and guidelines adopted in accordance with the Sarbanes-Oxley Act and other recent regulatory initiatives," said Ellen Rogers, vice president and corporate secretary for PHI. "It is a valuable addition to the content we already provide to the public."
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About PHI: Pepco Holdings, Inc.is a diversified energy company with headquarters in Washington, D.C. Its principal operations consist of Pepco and Conectiv Power Delivery, which deliver 50,000 gigawatt-hours of power to more than 1.8 million customers in Washington, Delaware, Maryland, New Jersey and Virginia. PHI engages in regulated utility operations by delivering electricity and natural gas, and provides competitive energy and energy products and services to residential and commercial customers.
Forward-Looking Statements: Except for historical statements and discussions, the statements in this newsrelease constitute "forward-looking statements" within the meaning of federal securities law. These statements contain management's beliefs based on information currently available to management and on various assumptions concerning future events. Forward-looking statements are not a guarantee of future performance or events. They are subject to a numbe of uncertainties and other factors, many of which are outside the company's control. Factors that could cause actual results to differ materially from those in the forward-looking statements herein include general economic,business and financing conditions; availability and cost of capital; changes in laws, regulations or regulatory policies; weather conditions; competition; governmental actions; and other presently unknown or unforeseen factors. These uncertainties and factors could cause actual results to differ materially from such statements. PHI disclaims any intention or obligation to updateor revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results and prospects of PHI.
