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PE DECLARES DIVIDENDS ON PREFERRED STOCK

 PE DECLARES DIVIDENDS ON PREFERRED STOCK
 PHILADELPHIA, Feb. 24 /PRNewswire/ -- Directors of Philadelphia


Electric Company (NYSE: PE) today declared dividends on all series of preferred stock, payable May 1, 1992, to shareholders of record at the close of business March 25, as follows:
 Series Amount Per Share
 $15.25 Series..................... $3.81-1/4
 $14.625 Series..................... $3.65-5/8
 $9.875 Series..................... $2.46-7/8
 $9.52 Series..................... $2.38
 $9.50 Series..................... $2.37-1/2
 $8.75 Series..................... $2.18-3/4
 $7.85 Series..................... $1.96-1/4
 $7.80 Series..................... $1.95
 $7.75 Series..................... $1.93-3/4
 $7.325 Series..................... $1.83-1/8
 $7 Series..................... $1.75
 $4.68 Series..................... $1.17
 $4.4 Series..................... $1.10
 $4.3 Series..................... $1.07-1/2
 $3.8 Series..................... $0.95
 Stated rate
 auction Series A .................. $2.6875
 /delval/
 -0- 2/24/92
 /CONTACT: Neil McDermott of Philadelphia Electric, 215-841-4122/
 (PE) CO: Philadelphia Electric Company ST: Pennsylvania IN: UTI SU: DIV


JS -- PH020 -- 1935 02/24/92 13:28 EST
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Publication:PR Newswire
Date:Feb 24, 1992
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