Pepco Holdings, Inc.'s (NYSE: POM) Board of Directors today declared a dividend on common stock of 27 cents per share payable June 29, 2012, to shareholders of record on June 11, 2012.

About PHI: Pepco Holdings, Inc. (NYSE: POM) is one of the largest energy delivery companies in the Mid-Atlantic region, serving about 2 million customers in Delaware, the District of Columbia, Maryland and New Jersey. PHI subsidiaries Pepco, Delmarva Power and Atlantic City Electric provide regulated electricity service; Delmarva Power also provides natural gas service. PHI also provides energy efficiency and renewable energy services through Pepco Energy Services.

Pepco Holdings, Inc.
Media Contact:
Bob Hainey, 202-872-2680
rshainey@pepcoholdings.com
or
Investor Contact:
Donna Kinzel, 302-429-3004
donna.kinzel@pepcoholdings.com