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Dominion confirms equity units offering

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LNG Industry,

Dominion will offer to sell 18 million equity units, subject to market and other conditions, to fund its growth plan, including the Cove Point LNG project, and for general corporate purposes.

Each equity unit will be issued in a stated amount of US$ 50 and will consist of a contract to purchase common stock in the future and a 1/20 undivided beneficial ownership interest in a remarketable subordinated note having a principal amount of US$ 1000. Dominion expects to grant to the underwriters an option to purchase an additional 2 million equity units to cover over-allotments.

Morgan Stanley & Co. LLC, Wells Fargo Securities LLC, Deutsche Bank Securities Inc., RBC Capital Markets LLC, BNP Paribas Securities Corp. and Goldman, Sachs & Co. will be joint book-running managers for the offering.

The offering will be made under an effective shelf registration statement filed with the US Securities and Exchange Commission.

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