Gas News Release

February 2, 2001

Stock Purchase Plan Available to Dominion Hope Customers

CLARKSBURG, W.Va. – Dominion Hope customers can now buy shares of the natural gas utility’s parent company through a direct stock purchase program.

Through Dominion DirectK, customers can purchase common shares of Dominion, one of the nation's largest energy providers, directly from the company, without brokerage fees.

The program offers several features designed to make investing in the company easy. Accounts can be opened with as little as $250 or 12 monthly installments of $40 or more. Customers can elect to have contributions debited from their bank accounts, and dividends can be automatically reinvested.

Details about Dominion's direct stock purchase plan are included in bills mailed to Dominion Hope customers in February and March.

Customers can contact Dominion at P.O. Box 26532, Richmond, Va., 23261-6532, or call 800-552-4034 for an investment prospectus or additional information. Enrollment information and a copy of the prospectus are also available on the company's web site, www.dom.com.

Dominion is traded on the New York Stock Exchange under the symbol "D."

Dominion, headquartered in Richmond, Va., serves 3.8 million retail natural gas and electricity customers in fives states. It has an electric power generation portfolio of more than 19,000 megawatts and is one of the nation's largest independent oil and natural gas companies, with 2.8 trillion cubic feet equivalent of reserves in Canada, Appalachia and the Gulf Coast.