For Immediate Release
September 19, 2003, 4:00 p.m.

4 p.m. OUTAGE UPDATE

Record Outages Recorded on Pepco System

Overnight, Pepco was able to restore service to some customers, but some additional outages occurred as high winds continued.

As of 4 p.m., the following outages are reported on the Pepco system:

District of Columbia: 105,000
Montgomery County: 227,000
Prince George's County: 165,000
Total: 497,000 customers

Crews began work at 2 a.m. and Pepco now has more than 700 crews in rotating 12-hour shifts. Pepco personnel are conducting a damage assessment to determine how long the restoration process will take. We expect this information will be available later today.

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About Pepco: For more than 100 years, Pepco has served the people of the Washington metropolitan area with clean, reliable and low-cost electricity. Pepco, a wholly owned subsidiary of Pepco Holdings, Inc. (NYSE: POM), provides electricity transmission and distribution services to more than 700,000 customers in the District of Columbia and major portions of Prince George`s and Montgomery County in Maryland.

Point of Contact:
David Morehead