May 6, 2004

RICHMOND, Va. - Dominion (NYSE: D) senior management will discuss potential effects for customers and shareholders created by new provisions in Virginia's electric deregulation laws during an update for analysts and investors at 1:30 p.m. today in New York.

A live web cast of the conference call will be available on the company’s investor information page at www.dom.com/investors.

Dominion is one of the nation's largest producers of energy, with an energy portfolio of more than 24,000 megawatts of generation, 6.4 trillion cubic feet equivalent of proved natural gas reserves and 7,900 miles of natural gas transmission pipeline. Dominion also operates the nation's largest underground natural gas storage system with more than 960 billion cubic feet of storage capacity and serves 5.3 million retail energy customers in nine states. For more information about Dominion, visit the company's Web site at www.dom.com.

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