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PHLX Utility Index (UTY)

(Trading began September 22, 1987)

1) American Electric Power Company, Inc. (AEP)

2) Centerior Energy Corporation (CX)

3) Commonwealth Edison Company (CWE)

4) Consolidated Edison Company of New York, Inc. (ED)

5) Detroit Edison Company (DTE)

6) Dominion Resources Inc. (D)

7) Duke Power Company (DUK)

8) FPL Group, Inc. (FPL)

9) Houston Industries Inc. (HOU)

10) Niagara Mohawk Power Corporation (NMK)

11) Northeast Utilities (NU)

12) Ohio Edison Company (OEC)

13) Pacific Gas & Electric Company (PCG)

14) Pacificorp (PPW)

15) Philadelphia Electric Company (PE)

16) Public Service Enterprise Group, Inc. (PEG)

17) SCECORP (SCE)

18) Southern Company (SO)

19) Texas Utilities Company (TXU)

20) Union Electric Company (UEP

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