Exhibit 99

VIRGINIA ELECTRIC AND POWER COMPANY

CONDENSED CONSOLIDATED EARNINGS STATEMENT

(Unaudited)

	Twelve Months Ended September 30, 2007
(millions)
Operating Revenue	$	5,958
Operating Expenses		4,796
Income from operations		1,162
Other income		72
Interest and related charges		304
Income before income tax expense		930
Income tax expense		354
Income before extraordinary item		576
Extraordinary item (net of income tax benefit of $101)		(158	)
Net Income		418
Preferred dividends		16
Balance available for common stock	$	402