January 8, 2002

RICHMOND, Va. – Dominion (NYSE: D) announced plans Tuesday to align its nuclear operations in Virginia and Connecticut, focusing on enhanced safety and reliability and positioning its nuclear energy unit for future growth.

As part of the restructuring, William R. Matthews, vice president and senior nuclear executive at Millstone Power Station in Connecticut, will assume additional interim responsibilities overseeing the operations at Dominion's two Virginia nuclear power stations, North Anna and Surry. He will continue to report to David A. Christian, senior vice president-Nuclear Operations and Chief Nuclear Officer, and reside in Waterford, Conn.

J. Alan Price, currently vice president-Nuclear Technical Services at Millstone, will become site vice president-Millstone and be responsible for day-to-day operations. He will report to Matthews, as will David A. Heacock, site vice president-North Anna, and Richard H. Blount II, site vice president-Surry.

“These changes will fully align our operation and support structures over our three power stations, enabling us to maintain our sharp focus on safe operations and best practices in the nuclear industry," said Christian. "Our management model has been very successful for us. We look forward to putting it to work in other places as we grow our business."

No layoffs are planned as part of this alignment, which take effect Feb. 1.

Matthews, 54, a native of Dover, N.J., joined Virginia Power in 1972 after serving seven years in the U.S. Navy. His first position with the company was as assistant control room operator. He became a control room operator in 1975 and was promoted to assistant shift supervisor in 1977, the year he received his senior reactor operator license from the Nuclear Regulatory Commission. In 1979, he was promoted to shift supervisor.

From 1980 to 1984, Matthews worked for Electronics Associates Inc. of New Jersey. He was a senior member of the technical staff charged with the design of the Nuclear Basic Principles Training Simulator.

Matthews returned to Virginia Power in 1984 as a supervisor-Operations & Maintenance and was promoted to director-Operations & Maintenance in 1988. In November of that year, he assumed the position of superintendent-Maintenance at North Anna.

He was named assistant station manager in 1993, station manager in 1996 and elected site vice president-North Anna in 1998. Matthews was named vice president-Nuclear Operations for Dominion in 2000 and assumed his current position in April 2001.

Price, a native of Richmond, received his bachelor’s degree in civil engineering from Old Dominion University in 1979. He acquired his senior reactor operator license in 1983.

Price has held numerous positions with Dominion since joining the company in 1979. He served in a variety of posts at Surry Power Station, including shift technical adviser, engineering supervisor, assistant shift supervisor and manager-Quality Assurance. Price was assistant station manager for Nuclear Safety & Licensing from 1990-95.

He worked with the Institute of Nuclear Power Operations as assistant team manager from 1995 to 1996. In December 1996, Price assumed the position of unit director-Unit 2 at Millstone Power Station under a management agreement with Northeast Utilities. In November 1999, he was named manager-Nuclear Engineering in Richmond. Price was promoted to vice president-Nuclear Technical Services at Millstone in June 2001.

Dominion, headquartered in Richmond, Va., is one of the nation’s largest producers of energy, with a production capability more than 3 trillion British thermal units of energy per day. Its 22,000-megawatt generation portfolio is expected to grow to more than 28,000 megawatts by 2005. For more information about Dominion, visit the company’s web site at www.dom.com.

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