Dominion Announces Equity Units Offerings

                  Dominion Announces Equity Units Offerings

PR Newswire

RICHMOND, Va., June 3, 2013

RICHMOND, Va., June 3, 2013 /PRNewswire/ --Dominion (NYSE: D) announced today
its intention to offer to sell 20 million equity units in two series, each
consisting of 10 million equity units, subject to market and other conditions.
Each equity unit will be issued in a stated amount of $50 and will consist of
a contract to purchase common stock in the future and a 1/20 undivided
beneficial ownership interest in a remarketable subordinated note having a
principal amount of $1,000. Dominion expects to grant to the underwriters an
option to purchase an additional 1 million equity units per series to cover

Dominion intends to use the net proceeds from these offerings for general
corporate purposes and to fund its growth plan, including the Cove Point
liquefaction project.

BofA Merrill Lynch, Goldman, Sachs & Co., J.P. Morgan Securities LLC and UBS
Securities LLC will be joint book-running managers for the offerings.

The offerings will be made under an effective shelf registration statement
filed with the U.S. Securities and Exchange Commission. This news release does
not constitute an offer to sell or a solicitation of an offer to buy the
securities described herein, nor shall there be any sale of these securities
in any state or jurisdiction in which such an offer, solicitation or sale
would be unlawful prior to registration or qualification under the securities
law of any such jurisdiction. Any offers of the securities will be made
exclusively by means of a prospectus supplement and accompanying prospectus.
Copies of these documents may be obtained by contacting BofA Merrill Lynch at
222 Broadway, New York, NY 10038, Attn: Prospectus Department; Goldman, Sachs
& Co. at 1-866-471-2526; J.P. Morgan at 1-866-803-9204; or UBS Investment Bank
at 299 Park Avenue, New York, NY 10171, Attn: Prospectus Department,
Telephone: 1-888-827-7275.

Dominion is one of the nation's largest producers and transporters of energy,
with a portfolio of approximately 27,000 megawatts of generation, 11,000 miles
of natural gas transmission, gathering and storage pipeline, and 6,400 miles
of electric transmission lines.Dominion operates one of the nation's largest
natural gas storage systems with 947 billion cubic feet of storage capacity
and serves retail energy customers in 15 states.

This release contains certain forward-looking statements which are subject to
various risks and uncertainties. Factors that could cause actual results to
differ from those in the forward-looking statements may accompany the
statements themselves. In addition, our business and any offering may be
influenced by many factors that are difficult to predict, involve
uncertainties that may materially affect actual results and are often beyond
our ability to control. These factors include, but are not limited to, the
prevailing conditions in the public capital markets, interest rates, economic,
political and market factors affecting trading volumes, securities prices or
demand for our equity and debt securities. We have identified and will in the
future identify a number of additional generally applicable factors in our
reports on Forms 10-K, 10-Q and 8-K filed with the U.S. Securities and
Exchange Commission. We refer you to those discussions for further

SOURCE Dominion

Contact: Media: Ryan Frazier, (804) 819-2521,,
Analysts: Nathan Frost, (804) 819-2187,
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