Pepco Holdings to Web Cast Annual Meeting

Thursday, May 13, 2004

Pepco Holdings, Inc. (NYSE: POM), one of the largest energy delivery companies in the mid-Atlantic region, will Web cast the Annual Meeting of Shareholders on Friday, May 21, beginning at 10 a.m. EDT.

PHI Chairman John M. Derrick and Chief Executive Officer Dennis R. Wraase will discuss PHI’s business strategy and performance.

The live audio and slide presentation of the meeting can be accessed at PHI’s Web site, www.pepcoholdings.com/investors. For an audio only version of the meeting, telephone 1-888-232-0371. The participant code is 417564.

Note: if any non-GAAP financial information (as defined by the Securities and Exchange Commission in Regulation G) is used in any presentation at the annual meeting, a presentation of the most directly comparable GAAP measure and a reconciliation of the differences will be available at www.pepcoholdings.com/investors/index.html.

The Web cast will be archived for one year and be available at PHI’s Web site.

The meeting will be held at Edison Place , in the second-floor conference room at 701 Ninth Street, NW , Washington , DC 20068 .

 

About PHI: Pepco Holdings, Inc., headquartered in Washington , D.C. , delivers about 50,000 gigawatts of power annually to more than 1.7 million customers in the District of Columbia , 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.