Dominion News Releases

April 11, 2001

Dominion Resources to Host Conference Call to Discuss First-Quarter Earnings

RICHMOND, Va. – Dominion (NYSE: D) will host a conference call for investors at 3:00 p.m., ET, on April 20, 2001. Dominion management will review first-quarter earnings to be released that morning.

Members of the media are invited to listen.

Domestic investors who wish to participate should call 800-967-7134. International investors should call 719-457-2625. The confirmation number required to join the call is 759393. Participants should dial in 5 to 10 minutes prior to the scheduled start time.

A live web cast of the conference call will be available on the company’s investor information pages or at www.streetfusion.com. To access Dominion’s investor information home pages, log on to www.dom.com/investors.

A tape recording of the conference call will be available beginning at approximately 6:00 p.m., ET, April 20 through 11 p.m., April 24. Domestic investors may access the recording by dialing 888-203-1112. International callers should dial 719-457-0820 to access the recording. The access code for the tape-recorded replay is also 759393. A replay of the conference call also will be available on the company’s investor information home pages by the end of the day on April 20.

Dominion is one of the nation’s largest producers of energy, with a production capability of 2.7 trillion British Thermal Units (BTUs) of energy per day. The company has a power generation portfolio of more than 21,000 megawatts, which is expected to grow to approximately 28,000 megawatts by 2005. Dominion is also one of the largest independent oil and natural gas exploration and production companies in North America, with 2.8 trillion cubic feet equivalent of natural gas reserves, with an annual production capability of over 300 billion cubic feet equivalent of natural gas. The company has 7,600 miles of interstate natural gas pipeline with a delivery capability of 6.3 billion cubic feet per day.

In addition, the company operates the nation’s largest underground natural gas storage system, with more than 950 billion cubic feet of storage capacity. Dominion also serves 3.8 million retail natural gas and electric customers, and manages an equity interest in Dominion Fiber Ventures LLC, owner of Dominion Telecom. Dominion is expanding its fiber-optic network from 35,000 fiber miles (3,600 route miles) to more than 800,000 fiber miles (9,000 route miles). For more information about Dominion, visit the company's website at www.dom.com.