.Exhibit 99-A


FOR IMMEDIATE RELEASE
October 18, 2001

Media Contact:
Tim Brown (302) 283-5803
Investor Contact:
Bob Marshall (302) 429-3164

             CONECTIV SUBSIDIARY COMPLETES SALE OF NUCLEAR INTERESTS

Wilmington, Delaware - Conectiv (NYSE:CIV, CIVA), a leading Mid Atlantic energy
provider, today announced that its wholly owned subsidiary, Atlantic City
Electric Company (Atlantic), had completed the sale of its ownership interests
in three nuclear plants to PSEG Nuclear LLC (PSEG Nuclear) and Exelon Generation
Company, LLC (Exelon). The ownership interests were sold for approximately $
11.3 million, excluding reimbursement of estimated fuel inventory, subject to
adjustment. As a result of the sale, the following interests in nuclear
generation assets, comprising all of Atlantic's nuclear interests, were
transferred:

-    A 7.51-percent interest (164 megawatts) in the Peach Bottom Atomic Power
     Station Units 2 and 3 (Peach Bottom) was sold in equal shares to co-owners
     PSEG Nuclear and Exelon, each of which, prior to the sale, owned about 46
     percent of Peach Bottom. Exelon is the operator of that facility.

-    A 7.41-percent interest (167 megawatts) in the Salem Nuclear Generation
     Station Units 1 and 2 (Salem) was sold to PSEG Nuclear, an indirect
     subsidiary of Public Service Enterprise Group Incorporated. PSEG Nuclear is
     the operator of Salem and, prior to the sale, owned about 50percent of that
     facility.

-    A 5.00-percent interest (52 megawatts) in the Hope Creek Nuclear Generation
     Station Units 1 and 2 (Hope Creek) was sold to PSEG Nuclear. PSEG Nuclear
     is the operator of Hope Creek and, prior to the sale, owned 95percent of
     that facility.

PSEG Nuclear and PECO have also assumed full responsibility for the ultimate
decommissioning of Atlantic's interests in Peach Bottom, Salem and Hope Creek.

Conectiv President and Chief Operating Officer Thomas Shaw said the sale is
consistent with the company's strategy of focusing on its two core energy
businesses: Conectiv Energy, the company's integrated generation and asset
optimization group, and Conectiv Power Delivery, the company's regulated
delivery business.

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Shaw said, "The sale represents another milestone in the execution of our
focused business strategy. We have sold baseload nuclear and fossil fired power
plants that do not fit our strategy and have made progress developing and
building new, fast-response, 'mid-merit' generation units that can meet the
region's need for power. This focus on a segment of the generation market where
we have a competitive advantage -- combined with our stable energy delivery
business -- should allow us to continue to drive growth and value for our
shareholders."

Mid merit units are distinguished by their ability to start and stop quickly in
response to changes in the demand for power. Shaw pointed to the company's
success in bringing on line 350 MWs of additional mid-merit capacity this past
summer at the company's Hay Road power plant in Wilmington, DE, as a sign of
Conectiv's progress in strengthening its already strong competitive position
within PJM's mid-merit market.


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Conectiv, a Fortune 500 company headquartered in Wilmington, DE, is focused on
two core energy businesses. Conectiv Power Delivery provides safe, reliable, and
affordable energy service to more than one million customers in New Jersey,
Delaware, Maryland, and Virginia. Conectiv Energy uses a sophisticated
power-trading unit to optimize the value of a growing portfolio of "mid-merit"
power plants that can start and stop quickly in response to changes in the
demand for power within the PJM [Pennsylvania-New Jersey-Maryland] power pool.


FORWARD-LOOKING STATEMENTS

The Private Securities Litigation Reform Act of 1995 (the "Litigation Reform
Act") provides a "safe harbor" for forward-looking statements to encourage such
disclosures without the threat of litigation, provide those statements are
identified as forward-looking and are accompanied by meaningful, cautionary
statements identifying important factors that could cause the actual results to
differ materially from those projected in the statements. Forward-looking
statements have been made in this Press Release. Such statements are based on
beliefs of Conectiv's (the "Company's") management ("Management") as well as
assumptions made by and information currently available to Management. When used
herein, the words "will," "anticipate," "estimate," "expect," "objective," and
similar expressions are intended to identify forward-looking statements. In
addition to any assumptions and other factors referred to specifically in
connection with such forward-looking statements, factors that could cause actual
results to differ materially from those contemplated in any forward-looking
statements include, among others, the following: deregulation of energy supply
and telecommunications; the unbundling of delivery services; and increasingly
competitive energy and telecommunications marketplace; results of any asset
dispositions; sales retention and growth; the effects of weather; federal and
state regulatory actions; future litigation results; cost of construction;
operating restrictions; increased costs and construction delays attributable to
environmental regulations; nuclear decommissioning and the availability of
reprocessing and storage facilities for spent nuclear fuel; and credit market
concerns. The Company undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise. The foregoing list of factors pursuant to the Litigation
Reform Act should not be construed as exhaustive or as admission regarding the
adequacy of disclosures made prior to the effective date of the Litigation
Reform Act.