============= Page 1 of 5 ============= AV 9" f e I XH004-00702 Financial and Earnings Report E0004393408 ============= Page 2 of 5 ============= Diluted E.P.S. Six Months Ended June 30, 2001 Plan Actual $0.94 Recurring Non-recurring E0004393409 EXH004-00703 $0.84 ============= Page 3 of 5 ============= Diluted E.P.S. Second Quarter Actuals 2000 2001 E0004393410 EXH004-00704 ============= Page 4 of 5 ============= Diluted E.P.S. Six Months Ended June 30 - Actuals 11 2000 $0.73 26% Growth $0.92 $0.73 0Recurring Non-recurring 2001 $0.94 E0004393411 =XH004-00705 ============= Page 5 of 5 ============= Second Quarter e n s b y Earning y Segment ($ in millions) Second Quarter Six Months 2001 2000 2001 2000 Wholesale Energy Operations $802 $415 $1,557 $844 Transmission & Distribution 142 139 335 372 Retail Energy Services 60 46 100 52 Broadband Services (102) (8) (137) (8) Corporate and Other (109) 17 (267) (27) Interest, Ml, & Income Tax (389) (320) (778) (606) Net Income $404 $ 289 $810 $627 E0004393412 EXH004-00706