Virginia Power/ North Carolina Power

8/14/2002


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Table of Contents

Virginia Power/ North Carolina Power

Better Pension Plan Than Current

Enhanced Early-Retirement Supplement

Enhanced Early-Retirement Supplement Example

Pension Example 1

Pension Example 2

Pension Example 3

Pension Example 4

Retiree Medical

Other Key Elements of Strike Settlement Proposal

Annual Pay Raise vs. Inflation

Impact of Pay Raises

The Value of 3% vs. 2.75%

Summary of Strike Settlement Offer

Summary of Strike Settlement Offer - continued

Retirement Examples -- Main Assumptions

Author: Towers Perrin

Email: Corporate.Communications@dom.com

Home Page: http://www.dom.com