WASHINGTON D.C. - Pepco Holdings, Inc. is pleased to announce today that Chairman of the Board, President and Chief Executive Officer Joseph M. Rigby will be presented with the 2012 Corporate Leadership Award by Boys & Girls Clubs of Greater Washington (BGCGW) at the 27th Annual Tim Russert Congressional Dinner. The award recognizes PHI's commitment to corporate responsibility and community service.

Luke Russert, Correspondent for NBC News and son of the late Tim Russert, will emcee the award ceremony May 3 at the JW Marriott Hotel in Washington, D.C.

" Boys & Girls Clubs Corporate Leadership award is a wonderful recognition of the efforts of Pepco Holdings and its employees to improve the quality of life for youth in the metropolitan Washington area," Rigby said. "PHI is committed to enhancing the reliability of electric service to the communities we serve, but we also are committed to making a difference on a personal level as well."

PHI, through Pepco's established Washington, D.C., roots, has been a proud supporter of the BGCGW for the past 18 years.

"PHI has a long-standing tradition of giving back to the Washington area, and we will continue to encourage and support our employees who give their time and energy to creating a brighter future for those in need," Rigby said.

The first Congressional Dinner was held in 1986 to commemorate BGCGW's 100 years of continuous service to youth. The Dinner serves as an opportunity to pay tribute to local and national leaders who have demonstrated a strong commitment and investment in our future by making significant contributions to the youth served by BGCGW.

Past Congressional Dinner honorees have included Secretary of State Colin Powell; Vice President Al Gore; Sen. Susan Collins (R-Maine), Sen. Orrin Hatch (R-Utah); Congresswoman Eleanor Holmes Norton (D-DC), Congressman Steny H. Hoyer (D-MD); James DeGraffenreidt, Jr., of Washington Gas and WGL Holdings, Inc. ; Abe Pollin former owner of the Washington Capitals, Washington Mystics and Washington Wizards; Paul Tagliabue, former NFL Commissioner; Jeff Zucker of NBC Universal; Rynthia Rost of GEICO; and HUD Secretary Alphonso Jackson.

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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.