Dayton Power and Light Co. Declares Quarterly Dividends

Business Wire, June 23, 1998

DAYTON, Ohio--(BUSINESS WIRE)--June 23, 1998--The board of directors of the Dayton Power and Light Co. today declared quarterly dividends on the Dayton Power and Light Co. preferred stocks as follows:

$.9375 per share on the 3.75 percent Series A, Cumulative $.9375 per share on the 3.75 percent Series B, Cumulative $.975 per share on the 3.90 percent Series C, Cumulative

The preferred dividends are payable on Sept. 1, 1998, to holders of record on Aug. 14, 1998.

    CONTACT:  Dayton Power and Light Co.
               DPL Medialine, 937/224-5940