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DQE ISSUES EARNINGS

 PITTSBURGH, April 27 /PRNewswire/ -- DQE (NYSE: DQE) today issued earnings, as follows:
 DQE
 Financial Data
 (all figures in thousands except per share amount)
 (unaudited)
 Period Ended Three Months 12 Months
 March 31 1993 1992(A) 1993 1992(A)
 Total operating
 revenues $286,743 $299,596 $1,181,351 $1,213,873
 Net income $34,414 $33,863 $142,069 $134,566
 Average number of common
 shares outstanding
 (thousands) 52,953 52,906 52,925 53,179
 Earnings per share of
 common stock $0.65 $0.64 $2.68 $2.53
 Dividends declared
 per share of common
 stock $0.40 $0.38 $1.56 $1.48
 Duquesne Light Company, an electric utility, is the principal subsidiary of DQE and had the following sales in millions of kilowatt-hours for the periods indicated.
 Retail sales:
 Residential 867 845 3,090 3,280
 Commercial 1,335 1,308 5,385 5,460
 Industrial 771 762 3,068 3,064
 Other 21 21 83 83
 Total sales to customers 2,994 2,936 11,626 11,887
 (A) Reclassified to conform to 1993 presentation.
 DQE is an energy services holding company whose principal subsidiary, Duquesne Light, is an electric utility serving more than 578,000 customers in Southwestern Pennsylvania.
 -0- 4/27/93
 /CONTACT: Dennis E. O'Neil, manager, public affairs of DQE, 412-393-4060/
 (DQE)


CO: DQE; Duquesne Light Company ST: Pennsylvania IN: OIL UTI SU: ERN

CD-KC -- PG004 -- 1449 04/27/93 13:30 EDT
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Date:Apr 27, 1993
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