Dayton Power and Light Co.

A $145.5 million settlement has been reached in 11 state and federal lawsuits filed on behalf of investors. The suits alleged that the company mismanaged investments. The settlement could affect 50,000 to 70,000 shareholders who bought company shares during the seven-year period covered by the lawsuits and is to be distributed according to the number of shares purchased/owned.

The period covers anyone who acquired shares between October 15, 1998 and August 14, 2002 (federal class) and anyone who continuously held shares (state class) between October 14, 1998 and August 15, 2002. Opt out has passed.

Dollar Amounts

$145 million = $110 million Federal ($1.64/share) -- $30 million State ($0.99/share) -- $5.5 million State Derivative. Amounts per share are estimated.

Proof required for claim:

1. Federal Class
   1. Opening Position
   2. All purchases and sales made during the period
   3. Closing Position
2. State Class = All shares continuously owned during the period

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