Dominion Declares Quarterly Dividend of 67 Cents Per Share

October 28, 2005

RICHMOND, Va. – The board of directors of Dominion (NYSE: D) has declared a quarterly dividend of 67 cents per share of common stock.

Dividends are payable on December 20, 2005, to shareholders of record November 28, 2005.

This is the 311th consecutive dividend that Dominion or its predecessor company has paid holders of common stock. The company’s last quarterly dividend was declared July 22, 2005.

The board of directors of Virginia Electric and Power Company, a subsidiary of Dominion, also declared regular quarterly dividends at the prescribed rates on each of its series of preferred stock. Preferred dividends on the company's fixed-rate preferred stock are payable December 20, 2005 to holders of record at the close of business November 28, 2005.


Media: Mark Lazenby, 804-819-2042
Hunter Applewhite, 804-819-2043
Analysts: T. A. Hickman, 804-819-2129
Greg Snyder, 804-819-2383