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March 28, 2001

Dominion Energy Names Lead Site Executive at Millstone

RICHMOND, Va. -- William R. Matthews, vice president-Nuclear Operations for Dominion Energy, will become the lead executive at Millstone Power Station following the close of the sale of the Connecticut station by Northeast Utilities (NYSE: NU) to Dominion (NYSE: D), the company announced Wednesday.

Matthews, 53, succeeds Lee J. Olivier, senior vice president and chief nuclear officer-Millstone for Northeast Utilities. Olivier had been expected to remain in his Millstone capacity for Dominion, but he informed the company that he was resigning from Northeast Utilities to pursue other challenges and would not be joining Dominion.

"We are disappointed that Lee has decided not to remain at Millstone, but we wish him well," said Thomas F. Farrell II, chief executive officer of Dominion Energy. "Through the efforts of Millstone's employees and under Lee's leadership for the past 2 1/2 years, Millstone is once again a reliable nuclear power station."

Matthews, a 25-year veteran of Dominion's nuclear program, will be responsible for all aspects of the Millstone station. Since May 2000, Matthews has been responsible for the operations of Dominion's two Virginia nuclear power stations, North Anna and Surry. Among his many Dominion positions, he was station manager and site vice president at North Anna for four years prior to being named vice president-Nuclear Operations. Matthews will report to David A. Christian, senior vice president and chief nuclear officer of Dominion Energy.

"Bill has been a valuable member of our nuclear team and a driving force behind the safe and superior performances of North Anna and Surry. Our Virginia stations are recognized as leaders in our industry for safe, efficient operations," Farrell said.

Dominion, headquartered in Richmond, Va., is one of the nation’s largest producers of energy, with a production capability of 2.7 trillion British Thermal Units of energy per day. The company has a power-generation portfolio of more than 19,000 megawatts, which is expected to grow to approximately 28,000 megawatts by 2005. Dominion is one of the largest independent oil and natural gas exploration and production companies in North America, with 2.8 trillion cubic feet of equivalent reserves. Dominion also serves nearly 4 million retail natural gas and electric customers. For more information about Dominion, visit the company's web site at www.dom.com.

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