Dominion News Releases

November 27 , 2001

Dominion To Host Analyst Meeting in New York City on December 4, 2001

RICHMOND, Va. -- Dominion (NYSE: D) will host an analyst meeting at the New York Palace Hotel in New York City on Tuesday, December 4th, from 8:30 a.m. to 10:30 a.m. ET. Diane Leopold, director - business planning and market analysis, will discuss Dominion's fundamental views on the electric power and natural gas markets and its respective business planning processes. Paul Koonce, senior vice president - portfolio management, will discuss the Dominion Energy Clearinghouse, Dominion's electric power and natural gas trading, marketing and risk management groups. Tom Capps, chairman, president and chief executive officer, as well as other members of Dominion's senior management also will be present.

Concurrent with the analyst meeting and other meetings with investors during the week of December 3rd, Dominion expects to reaffirm its previously stated operating earnings per share targets of $4.15 or better in 2001, $4.90 to $4.95 in 2002 and 10-percent average compound annual growth after 2002.

The formal presentation will be transmitted live via conference call and web cast. Domestic investors and media who wish to listen to the live conference call should dial 800-500-0177. International callers should dial 719-457-2679. The confirmation number required to join the call is 745700. The live web cast of the presentation will be accessible on Dominion's investor information home page at www.dom.com/investors.

A tape recording of the presentation will be available beginning at approximately 1:30 p.m. ET on December 4th, through 11 p.m. ET on December 8th. Domestic investors and media may access the recording by calling 888-203-1112. International callers should dial 719-457-0820. The access code for the tape-recorded replay is also 745700. The recording and presentation slides will be available on Dominion's investor information home page by the end of the day on December 4th.

For further details regarding the conference, please call Dominion's investor relations department at 804-819-2155.

Dominion is one of the nation's largest producers of energy, with a production capability of more than 3 trillion British Thermal Units (BTUs) of energy per day. Dominion has a diversified and integrated energy portfolio consisting of 22,000-megawatts of generation, 4.6 trillion cubic feet equivalent of natural gas reserves, 7,600 miles of natural gas transmission pipeline and 3.8 million franchise natural gas and electric customers in five states. Dominion also operates the nation's largest underground natural gas storage system with more than 950 billion cubic feet of storage capacity. 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.

# # #