A REMINDER PECO ENERGY COMPANY ANNUAL MEETING OF SHAREHOLDERS -- APRIL 13, 1994 We previously sent to you proxy material concerning our upcoming Annual Meeting of Shareholders. According to our latest records, we have not yet received your proxy. Whether your holdings are large or small, receiving your signed proxy as soon as possible before the Meeting will be helpful and will aid us in avoiding further expense and delay. The time before the Meeting is short. Due to the possibility of a delay in the mail, please sign, date and return the enclosed duplicate proxy immediately, even if your original proxy was mailed. We appreciate your cooperation. L. S. BINDER Secretary PLEASE REMEMBER TO SIGN AND DATE YOUR PROXY ---- --- ---- APPENDIX OF GRAPHIC AND IMAGE MATERIAL OMITTED FROM ELECTRONIC FORMAT DOCUMENT PURSUANT TO RULE 304 OF REGULATION S-T Photographs of Nominees for Director and Incumbent Directors appear on pages 3- 6 of the Definitive Proxy Statement. Performance Graph comparing cumulative total shareholder return on PECO Energy's Common Stock against S&P 500 Stock Index and Dow Jones Utility Average appears on page 16 of the Definitive Proxy Statement. Map of major routes to Valley Forge Convention Center appears on page 24 of the Definitive Proxy Statement. Map of Valley Forge Convention Center appears on page 25 of the Definitive Proxy Statement.