Exhibit 99.1

                                                                   [Exelon Logo]
Exelon Corporation                          www.exeloncorp.com
P.O.Box 805398
Chicago, IL 60680-5398

August 6, 2002

Jonathan G. Katz
Secretary
Securities and Exchange Commission
450 Fifth Street N.W.
Washington D.C. 20549

             Statement Under Oath of Principal Executive Officer and
          Principal Financial Officer Regarding Facts and Circumstances
                        Relating to Exchange Act Filings

I, John W. Rowe, state and attest that:


      (1) To the best of my knowledge, based upon a review of the covered
      reports of Exelon Corporation, and, except as corrected or supplemented in
      a subsequent covered report:

          o    no covered report contained an untrue statement of a material
               fact as of the end of the period covered by such report (or in
               the case of a report on Form 8-K or definitive proxy materials,
               as of the date on which it was filed); and

          o    no covered report omitted to state a material fact necessary to
               make the statements in the covered report, in light of the
               circumstances under which they were made, not misleading as of
               the end of the period covered by such report (or in the case of a
               report on Form 8-K or definitive proxy materials, as of the date
               on which it was filed).


      (2) I have reviewed the contents of this statement with the Company's
      audit committee.


      (3) In this statement under oath, each of the following, if filed on or
      before the date of this statement, is a "covered report":

          o    The Annual Report on Form 10-K for the fiscal year ended December
               31, 2001 of Exelon Corporation;

          o    all reports on Form 10-Q, all reports on Form 8-K and all
               definitive proxy materials of Exelon Corporation filed with the
               Commission subsequent to the filing of the Form 10-K identified
               above; and

          o    any amendments to any of the foregoing.

      /s/ John W. Rowe
      -----------------
      John W. Rowe                      Subscribed and sworn to
      August 6, 2002                    before me this 6th day of
                                        August 2002.


                                        /s/ Mary L. Kwilos
                                        ------------------------
                                        Notary Public


                                        My Commission Expires: 10/26/05