RICHMOND, Va. - Dominion (NYSE: D) announced today that it
has filed a universal shelf registration statement with the U.S. Securities
& Exchange Commission. The filing will allow Dominion to issue up to $3
billion in securities consisting of senior debt, junior subordinated debentures,
trust preferreds, common stock, preferred stock, stock purchase contracts and
stock purchase units. Dominion has also deregistered approximately $215 million
of securities registered under two prior registration statements.
The amount registered in this filing is sufficient to cover
the replacement of debt securities maturing over the next two years. Dominion
has no plans to issue new common stock other than that which has been previously
disclosed or pursuant to employee benefit plans. Dominion last filed a universal
shelf registration statement in July of 2003.
The registration statement described above has been filed
with the U. S. Securities & Exchange Commission but has not yet become effective.
This news release does not constitute an offer of any securities for sale.
Dominion is one of the nation's largest energy companies and
is headquartered in Richmond, Virginia.
