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Filed by Potomac Electric Power Company |
THE FOLLOWING IS A NOTICE TO MEMBERS OF THE PEPCO EMPLOYEE SAVINGS
PLANS REGARDING VOTING THEIR PROXIES.
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Your vote at Pepco's Annual Meeting is important, no matter how many shares you own.
As a member of an Employee Savings Plan, you are entitled to vote shares held in the Plan by
giving instructions to the Plan Trustee, Fidelity Management Trust Company. Shares may not
be voted directly by the member.
Please help your company avoid the expense of further solicitation by signing and returning the
enclosed proxy card to the Plan Trustee today!
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Commission (the "SEC") by Pepco and Conectiv in connection with the transaction contains important
information regarding the transaction and we urge you to read it and any other relevant documents when
they become available. The Directors and Officers of Pepco and Conectiv will be soliciting proxies in favor
of the transaction. A free copy of the joint proxy statement/prospectus and other documents filed or to be
filed by the two companies with the SEC, including information about Pepco's and Conectiv's directors and
officers and their beneficial interests in their respective company's common stock, is or will be available at
the SEC's web site at http://www.sec.gov.