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For Immediate Release


Pepco's 2010 Financial Results Announced by Parent Company PHI

<p><strong>Washington</strong><strong>, D.C.</strong><strong> - </strong>Pepco's parent company, Pepco Holdings, Inc. (PHI), today released its full-year earnings report for 2010. PHI is a shareholder-owned public utility holding company. PHI's financial results are derived primarily from the operating results of its wholly owned subsidiaries - including Pepco, Atlantic City Electric, Delmarva Power and Pepco Energy Services. To review PHI's annual 2010 financial results, visit <u> and Information</u>. Financial statements for PHI and each of its operating utilities, including Pepco, are contained in PHI's Form 10-K for the year ended December 31, 2010, as filed with the Securities and Exchange Commission. PHI's Form 10-K is also available at <a href="
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