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Dominion News Releases

April 5, 1999

Dominion Capital Board Elects Chief Operating Officer

RICHMOND, Va. -- The board of directors of Dominion Capital Inc. has elected Hayden D. McMillian chief operating officer. He retains his position as senior vice president.

McMillian was formerly chief financial officer of Dominion Capital. He joined the company in 1994 as vice president and treasurer.

Prior to joining Dominion Capital, McMillian held senior positions with various investment banking institutions in the areas of mergers and acquisitions and raising private capital. Previously, he was an attorney with the Washington, DC office of Akin Gump Strauss Hauer & Feld where his practice centered on mergers and acquisitions, hostile takeover defense and antitrust issues.

David L. Heavenridge, president and chief executive officer of Dominion Capital, said:

"As a member of our senior management team, Hayden has played an instrumental role in Dominion Capital’s growth and profitability during the past five years. By broadening his daily involvement in all facets of the company’s operations, we can continue to sustain and refine our focus on specific lending sectors, our discipline in evaluating promising opportunities for increasing shareholder value, and our commitment to providing the highest possible level of customer service."

McMillian, 43, received his law degree from the University of Utah in 1981 and a masters of business administration from the University of Virginia in 1988.

He is married with three children and lives in Richmond.

Dominion Capital is the financial services and merchant banking subsidiary of Dominion Resources Inc. (NYSE: D), an $18 billion holding company also active in domestic and international electric power and natural gas.

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