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Business Description
Exelon Corporation is the parent corporation for each of Commonwealth Edison Company (ComEd) and PECO Energy Company (PECO), which are electric utilities. Exelon, through its subsidiaries, operates in three business segments: Energy Delivery, which consists of the retail electricity distribution and transmission businesses of ComEd in northern Illinois and PECO in southeastern Pennsylvania and the natural gas distribution business of PECO in the Pennsylvania counties surrounding the City of Philadelphia; Generation, which consists of electric generating facilities, energy marketing operations and equity interests in Sithe Energies, Inc. and AmerGen Energy Company, LLC; and Enterprises, which consists of competitive retail energy sales, energy and infrastructure services, communications and other investments weighted towards the communications, energy services and retail services industries.

Financial Information
Exelon Corp. is an electric utility holding company for ComEd, PECO Energy Company, Genco and other subsidiaries. For the six months ended 6/30/02, revenues fell 8% to $6.88 billion. Net income before acct. change rose 3% to $722 million. Revenues reflect a decrease in the Company's Generation and Energy Delivery segments. Earnings were offset by a decrease in purchased power from affiliates expense and operations and maintenance expense.