Exhibit 99

VIRGINIA ELECTRIC AND POWER COMPANY

CONDENSED CONSOLIDATED EARNINGS STATEMENT

(Unaudited)

	Twelve Months Ended June 30, 2008
(millions)
Operating Revenue	$	6,384
Operating Expenses		4,722
Income from operations		1,662
Other income		33
Interest and related charges		317
Income before income tax expense		1,378
Income tax expense		518
Net Income		860
Preferred dividends		16
Balance available for common stock	$	844