For Immediate Release
September 5, 2001

Investors, media and public are invited to tune into a Webcast of Potomac Electric Power Company's (NYSE:POM) presentation at the Friedman Billings Ramsey Eighth Annual Investor Conference, scheduled Friday at 10:45 a.m. EDT.

Andrew Williams, Pepco's Senior Vice President and Chief Financial Officer, will discuss the utility's growth strategy.

The live audio and slide presentation can be accessed through the FBR Web site, www.fbrcorp.com/fallconf. Click on "Webcast" and follow the instructions.

Pepco is an investor-owned company that delivers electricity to more than 700,000 customers in Washington, D.C., and the Maryland suburbs. Through its family of subsidiaries, Pepco also operates in the competitive arenas of telecommunications and energy products and services in the mid-Atlantic region.