PHI Declares Quarterly Dividend For Immediate Release
Thursday, July 28, 2005
Pepco Holdings, Inc.’s (NYSE: POM) Board of Directors today declared a dividend on common stock of 25 cents per share payable Sept. 30, 2005, to shareholders of record Sept. 10, 2005.
About PHI:Through its subsidiaries Atlantic City Electric, Delmarva Power and Pepco,PHI delivers regulated electricity and natural gas service to about 1.8 million customers in the District of Columbia, Delaware, Maryland, New Jersey and Virginia. PHI provides competitive wholesale energy products and services through Conectiv Energy and retail energy products to residential and commercial customers through Pepco Energy Services.
Except for historical statements and discussions, the statements in this news release 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 number 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 update or 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.