Dominion Management to Present at Morgan Stanley Conference

March 12, 2003

RICHMOND, Va. - Thos. E. Capps, Dominion's (NYSE: D) chairman, president and CEO will deliver a presentation to investors at the Morgan Stanley Global Electricity Conference. The presentation is scheduled for Thursday, March 13, 2003, at 11:00 a.m. EST. Investors can access a live audio web cast and a copy of the presentation material at www.dom.com/investors/.

Dominion is one of the nation's largest producers of energy, with a diversified and integrated energy portfolio consisting of 24,000 megawatts of generation, 6.1 trillion cubic feet equivalent of proved natural gas reserves, 7,900 miles of natural gas transmission pipeline and more than 960 billion cubic feet of storage capacity. Dominion also serves 5 million retail energy customers in nine 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.

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