Pepco Holdings Analyst Conference Scheduled Friday, March 27

Monday, March 23, 2009

WASHINGTON – Pepco Holdings, Inc. (NYSE:POM) has scheduled an analyst conference on Friday, March 27, from 8:30 a.m. to 12:30 p.m. ET. The executive team will discuss strategic plans and provide a detailed review of the company’s operating segments. Investors are invited to listen to a live webcast and view a slide presentation.

The audio webcast and presentation can be accessed by logging on to PHI's Web site, www.pepcoholdings.com/investors. The complete presentation will be archived on the Web site through April 27, 2009, and can be accessed on the “Webcasts and Presentations” page.

If any non-GAAP financial information (as defined by the Securities and Exchange Commission in Regulation G) is used during the analyst conference, a presentation of the most directly comparable GAAP measure and a reconciliation of the differences will be available at www.pepcoholdings.com/investors.

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Pepco Holdings, Inc. (NYSE: POM) is one of the largest energy delivery companies in the Mid-Atlantic region, serving about 1.9 million customers in Delaware, the District of Columbia, Maryland and New Jersey . PHI subsidiaries Pepco, Delmarva Power and Atlantic City Electric provide regulated electricity service; Delmarva Power also provides natural gas service. PHI provides competitive wholesale generation services through Conectiv Energy and retail energy products and services through Pepco Energy Services.