Dominion Schedules Second-Quarter Earnings Conference Call

July 12, 2002

RICHMOND, Va. - Dominion (NYSE: D) will host a conference call for investors at 10 a.m. ET on Thursday, July 18. Dominion management will review second-quarter 2002 earnings to be released that morning. Members of the media are also invited to listen.

Domestic investors who wish to participate in the conference call should dial 888-569-5033. International investors should call 719-457-2653. The confirmation number required to join the call is 788425. Participants should dial in 5 to 10 minutes prior to the scheduled start time.
 

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

A tape recording of the conference call will be available from approximately 1 p.m. ET July 18 through 11 p.m. ET July 23. Domestic investors may access the recording by dialing 888-203-1112. International callers should dial 719-457-0820 to access the recording. The access code for the replay is also 788425. A replay of the conference call also will be available on the company's investor information home page by the end of the day July 18.

Dominion has a diversified and integrated energy portfolio consisting of nearly 24,000-megawatts of generation, 5.1 trillion cubic feet equivalent of natural gas reserves, 7,600 miles of natural gas transmission pipeline and the nation's largest underground natural gas storage system with more than 950 billion cubic feet of storage capacity. Dominion also serves 3.9 million franchise natural gas and electric customers in five states and nearly one million unregulated retail customers in eight states. In addition, Dominion owns a managing equity interest in Dominion Fiber Ventures LLC, owner of Dominion Telecom. For more information about Dominion, visit the company's web site at www.dom.com.

This release contains forward-looking statements that are subject to various risks and uncertainties. Discussion of factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations may include factors that are beyond the company's ability to control or estimate precisely, such as estimates of future market conditions, estimates of proved and unproved reserves and the behavior of other market participants. Other factors include, but are not limited to, weather conditions, economic conditions in the company's service area, fluctuations in energy-related commodity prices, trading counterparty credit risks, risks associated with successfully executing the telecommunications business plan and other uncertainties. Other risk factors are detailed from time to time in the company's Securities & Exchange Commission filings.
 

# # #


 

CONTACTS:    
Media: Mark Lazenby, 804-819-2042  
  Hunter Applewhite, 804-819-2043  
     
Analysts: Tom Wohlfarth, 804-819-2150  
  Joe O'Hare, 804-819-2156