Exhibit 99.2

                                                               [Logo for Exelon]

EXELON

ONE COMPANY, ONE VISION

Exelon strives to build exceptional value -- by becoming the best and most
consistently profitable electricity and gas company in the United States.

To succeed,we must...

LIVE UP TO OUR COMMITMENTS

- -  Keep the lights on.
- -  Perform safely -- especially in nuclear operations.
- -  Constantly improve our environmental performance.
- -  Act honorably and treat everyone with respect,decency,and integrity.
- -  Continue building a high performance culture that reflects the diversity of
   our communities.
- -  Report our results,opportunities and problems honestly and reliably.

PERFORM AT WORLD -- CLASS LEVELS

- -  Relentlessly pursue greater productivity,quality and innovation.
- -  Understand the relationships among our businesses and optimize the whole.
- -  Promote and implement policies that build effective markets.
- -  Adapt rapidly to changing markets,politics,economics and technology to meet
   our customers' needs.
- -  Maximize the earnings and cash flow from our assets and businesses and sell
   those that do not meet our goals.

INVEST IN OUR CONSOLIDATING INDUSTRY

- -  Develop strategies based on learning from past successes and failures.
- -  Implement systems and best practices that can be applied to future
   acquisitions.
- -  Prioritize acquisition opportunities based on synergies from scale,scope,
   generation and delivery integration, and our ability to profitably satisfy
   provider of last resort (POLR) and other regulatory obligations.
- -  Make acquisitions that will best employ our limited investment resources to
   produce the most consistent cash flow and earnings accretion.
- -  Return earnings to shareholders when higher returns are not available from
   acquisition opportunities.