-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, M2JK3xWjP73t0lTX/Is3mvZqmJpumDz42eJWO7aSwivkC0u02z+TYuAxwQby3Dfw PtQkXCN8OKDUHJuJcoZ5/w== 0000950159-03-000523.txt : 20030611 0000950159-03-000523.hdr.sgml : 20030611 20030611152818 ACCESSION NUMBER: 0000950159-03-000523 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20030611 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030611 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EXELON GENERATION CO LLC CENTRAL INDEX KEY: 0001168165 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 233064219 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-85496 FILM NUMBER: 03740700 MAIL ADDRESS: STREET 1: 10 S DEARBORN STREET STREET 2: 37TH FLOOR CITY: CHICAGO STATE: IL ZIP: 60690 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PECO ENERGY CO CENTRAL INDEX KEY: 0000078100 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 230970240 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16844 FILM NUMBER: 03740701 BUSINESS ADDRESS: STREET 1: 2301 MARKET ST STREET 2: P O BOX 8699 CITY: PHILADELPHIA STATE: PA ZIP: 19101 BUSINESS PHONE: 2158414000 FORMER COMPANY: FORMER CONFORMED NAME: PHILADELPHIA ELECTRIC CO DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COMMONWEALTH EDISON CO CENTRAL INDEX KEY: 0000022606 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 360938600 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01839 FILM NUMBER: 03740702 BUSINESS ADDRESS: STREET 1: ONE FIRST NATIONAL PLZ 37TH FL STREET 2: P O BOX 767 CITY: CHICAGO STATE: IL ZIP: 60690 BUSINESS PHONE: 3123944321 MAIL ADDRESS: STREET 1: 10 SOUTH DEARBORN STREET STREET 2: 37TH FLOOR CITY: CHICAGO STATE: IL ZIP: 606900767 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EXELON CORP CENTRAL INDEX KEY: 0001109357 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 232990190 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16169 FILM NUMBER: 03740703 BUSINESS ADDRESS: STREET 1: 10 S DEARBORN ST 37TH FLR STREET 2: PO BOX A-3005 CITY: CHICAGO STATE: IL ZIP: 60690-3005 BUSINESS PHONE: 3123947399 MAIL ADDRESS: STREET 1: P O BOX 767 CITY: CHICAGO STATE: IL ZIP: 60690 8-K 1 exelon6-118k.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 June 11, 2003 (Date of earliest event reported)

Item 9. Regulation FD Disclosure On June 11, 2003, Robert S. Shapard, Executive Vice President and Chief Financial Officer of Exelon Corporation, made a presentation to investors at the Deutsche Bank Securities, Inc. 8th Annual Electric Power Conference. Attached as Exhibits to this Current Report on Form 8-K are the slides and handouts used in Mr. Shapard's presentation. Exhibit Index Exhibit No. Description 99.1 Slide Presentation 99.2 Sithe Assets 99.3 Exelon New England Plants 99.4 Midwest Generation PPA Options This combined Form 8-K is being filed separately by Exelon Corporation, Commonwealth Edison Company, PECO Energy Company and Exelon Generation Company, LLC (Registrants). Information contained herein relating to any individual registrant has been filed by such registrant on its own behalf. No registrant makes any representation as to information relating to any other registrant. Except for the historical information contained herein, certain of the matters discussed in this Report are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that are subject to risks and uncertainties. The factors that could cause actual results to differ materially from the forward-looking statements made by a registrant include those discussed herein, as well as those discussed in (a) the Registrants' 2002 Annual Report on Form 10-K - ITEM 7. Management's Discussion and Analysis of Financial Condition and Results of Operations--Business Outlook and the Challenges in Managing Our Business for Exelon, ComEd, PECO and Generation, (b) the Registrants' 2002 Annual Report on Form 10-K - ITEM 8. Financial Statements and Supplementary Data: Exelon - Note 19, ComEd - Note 16, PECO - Note 18 and Generation - Note 13 and (c) other factors discussed in filings with the United States Securities and Exchange Commission (SEC) by the Registrants. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this Report. None of the Registrants undertakes any obligation to publicly release any revision to its forward-looking statements to reflect events or circumstances after the date of this Report. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EXELON CORPORATION COMMONWEALTH EDISON COMPANY PECO ENERGY COMPANY EXELON GENERATION COMPANY, LLC /S/ Robert S. Shapard ------------------------------------ Robert S. Shapard Executive Vice President and Chief Financial Officer Exelon Corporation June 11, 2003 EX-99 3 ex99-1.txt EXHIBIT 99.1 Exhibit 99.1 [Exelon Logo] Exelon Corporation Positioned for Success Robert S. Shapard Executive Vice President and CFO Deutsche Bank Securities, Inc. 8th Annual Electric Power Conference June 11, 2003 [Exelon Logo] Forward-Looking Statements This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, that are subject to risks and uncertainties. The factors that could cause actual results to differ materially from the forward-looking statements made by a registrant include those discussed herein as well as those discussed in Exelon Corporation's 2002 Annual Report on Form 10-K in (a) ITEM 7. Management's Discussion and Analysis of Financial Condition and Results of Operations--Business Outlook and the Challenges in Managing Our Business for Exelon, ComEd, PECO and Generation and (b) ITEM 8. Financial Statements and Supplementary Data: Exelon--Note 19, ComEd--Note 16, PECO--Note 18 and Generation--Note 13, and (c) other factors discussed in filings with the Securities and Exchange Commission (SEC) by Exelon Corporation, Commonwealth Edison Company, PECO Energy Company and Exelon Generation Company, LLC (Registrants). Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this presentation. None of the Registrants undertakes any obligation to publicly release any revision to its forward-looking statements to reflect events or circumstances after the date of this presentation. [Exelon Logo] What Is Exelon?

[Exelon Logo] Accomplishments - Creating Real Value Since Exelon was created in late 2000: o Provided average annual growth of 12% in operating EPS*, excluding one-time items, and 4.3% in dividends o Retired $1.2 billion of transition debt and refinanced $2.8 billion of debt, resulting in total interest expense reduction of about $120 million o Achieved 93.5% average annual nuclear capacity factor o Improved energy delivery reliability by 26% in Outage Duration and 18% in Outage Frequency * See 4/3/03 8-K at www.exeloncorp.com for reconciliation to GAAP EPS. [Exelon Logo] Opportunities and Challenges for 2003 o Enterprises (rationalize investments) o Exelon New England plants (operate, integrate and optimize) o Sithe Energies investment (buy, sell, restructure) o Optimize generation supply portfolio and limit market risk o The Exelon Way [Exelon Logo] Exelon New England o Strategic assets - 2,421 MWs, ~7000 heat rate Mystic 8 & 9 and Fore River o Retire - Mystic 4, 5 & 6 and New Boston 1 o Exelon Boston Generating project financing [Exelon Logo] Sithe Energies o Call notice issued May 29 o Continue to work on sale of the investment o May sell individual assets o 24 units - 1,552 MWs [Exelon Logo] Optimize Supply Portfolio and Limit Market Risk [Slide shows a map of the North American Electric Regional Councils, including WSCC, MAPP, NPCC, MAIN, ECAR, MAAC, SPP, SERC, ERCOT and FRCC. Stars within the MAIN and MAAC regions denote the regions in which Exelon Energy Delivery's retail electric customers are located.] Exelon Energy Delivery Retail Electric Customers 3.6M Northern Illinois 1.5M Southeastern Pennsylvania Total: 40,764 MW (1) 26,389 MW Operating 12,761 MW Contracted 1,614 MW in Construction (1) Based on Exelon Generation's ownership and long-term contracts at 5/31/03, including AmerGen Energy Company, LLC; excludes investment in Sithe Energies, Inc. NPCC: 4,066 MW Total 2,452 MW Operating 1,614 MW in Construction MAIN: 20,164 MW Total 11,028 MW Operating 9,136 MW Contracted ECAR: 500 MW Contracted MAAC: 10,665 MW Total 10,415 MW Operating 250 MW Contracted SPP: 795 MW Contracted SERC: 900 MW Contracted ERCOT: 3,674 MW Total 2,494 MW Operating 1,180 MW Contracted

[Exelon Logo]

[Exelon Logo] Positioned for Success - -Well positioned for growth in depressed energy market o Low-cost generation portfolio o Large, stable retail customer base o No material trading or international exposure o Strong balance sheet o Positioned to deliver 5% annual earnings growth and commensurate dividend growth o without recovery in energy margins or growth in sales - -Well positioned for upside when markets recover

EX-99.2 4 exhibit99-2.txt

EX-99.3 5 exhibit99-3.txt

EX-99.4 6 exhibit99-4.txt

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