Dominion announced preliminary unaudited net income determined
in accordance with Generally Accepted Accounting Principles (GAAP) for the 12
months ended Dec. 31, 2004, of $1.249 billion ($3.78 per share) compared to
net income of $318 million ($1.00 per share) for the same period last year.
Operating earnings, which are defined as GAAP earnings adjusted
for certain items, were $1.523 billion ($4.61 per share) for the 12 months ended
Dec. 31, 2004, compared to operating earnings of $1.449 billion ($4.55 per share)
for the same period in 2003.