35-CERT 1 w55356ee35-cert.txt 35-CERT FOR CONECTIV DATED NOVEMBER 29, 2001 Filed with the Securities and Exchange Commission on November 29, 2001 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 In the Matter of INTERIM CERTIFICATE Conectiv and Subsidiaries OF File No. 70-9499 NOTIFICATION (Public Utility Holding Company PURSUANT TO RULE 24 Act of 1935) This Certificate of Notification pursuant to Rule 24 (18 C.F.R. Section 250.24) is filed by Conectiv, a Delaware Corporation, in connection with transactions proposed in Post-Effective Amendments Nos. 1 to 5 to the Declaration on Form U-1 in the above File as previously amended by amendment No. 1 and authorized by orders (the "Orders") of the Securities and Exchange Commission dated September 27, 1999, January 28, 2000 and April 27, 2000. The following transactions have been completed during the period from July 1, 2001 to September 30, 2001: On September 25, 2001, the Board of Directors of Conectiv declared a Common Stock dividend of $14,428,009 and a Common Stock Class A dividend of $5,258,530 for total dividend payments of $19,686,539. As of September 30, 2001, accumulated retained earnings after accounting for the common dividends declared amounted to $217,987,000. Therefore, no action was undertaken pursuant to the Orders. The foregoing transactions as described above and in the Application/Declaration have been carried out in accordance with the terms and conditions of and for the purposes represented by the Application/Declaration and the Orders issued by the Commission with respect thereto. SIGNATURE Pursuant to the requirements of the Public Utility Holding Company Act of 1935, the undersigned companies have duly caused this document to be signed on their behalf by the undersigned thereunto duly authorized. The signatures of the applicants and of the persons signing on their behalf are restricted to the information contained in this application which is pertinent to the application of the respective companies. CONECTIV ATLANTIC CITY ELECTRIC COMPANY DELMARVA POWER & LIGHT COMPANY November 29, 2001 /s/ Philip S. Reese ------------------- Philip S. Reese Vice President and Treasurer