DPL INC. DECLARES QUARTERLY DIVIDEND

DAYTON, Ohio, April 28, 2005 – The Board of Directors of DPL Inc. (NYSE: DPL) declared a quarterly dividend of $0.24 per share payable June 1, 2005 to common shareholders of record on May 16, 2005. The announced quarterly dividend continues the annualized rate of $0.96 per share.

About DPL

DPL Inc. (NYSE: DPL) is a regional electric energy and utility company. DPL’s principal subsidiaries include The Dayton Power and Light Company (DP&L); DPL Energy, LLC (DPLE); and DPL Energy Resources, Inc. (DPLER). DP&L, a regulated electric utility, provides service to over 500,000 retail customers in West Central Ohio; DPLE engages in the operation of merchant peaking generation facilities; and DPLER is a competitive retail electric supplier in Ohio, selling to major governmental, industrial, and commercial customers. DPL, through its subsidiaries, owns and operates approximately 4,400 megawatts of generation capacity, of which 2,800 megawatts are low cost coal-fired units and 1,600 megawatts are natural gas fired peaking units. Further information can be found at www.dplinc.com.