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DQE ISSUES EARNINGS

 PITTSBURGH, July 23 /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
 June 30 1993 1992(A) 1993 1992(A)
 Total operating revenues $278,731 $291,803 $1,168,279 $1,216,161
 Net income 33,017 30,488 144,598 135,623
 Average number of common
 shares outstanding
 (thousands) 52,965 52,910 52,939 53,026
 Earnings per share of
 common stock $0.62 $0.58 $2.72 $2.56
 Dividends declared per
 share of common stock $0.40 $0.38 $1.58 $1.50
 Duquesne Light Company, the principal subsidiary of DQE, provided electric service to its customers in Pittsburgh and surrounding communities as follows:
 Sales:
 (In millions of KWH)
 Residential 678 679 3,089 3,207
 Commercial 1,276 1,281 5,323 5,400
 Industrial 765 749 3,084 3,073
 Other 20 20 83 83
 Total sales to customers 2,739 2,729 11,579 11,763
 (A) Reclassified to conform to 1993 presentation.
 -0- 7/23/93
 /CONTACT: Dennis O'Neil, manager, Public Affairs Unit of DQE, 412-393-4060/
 (DQE)


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

DM-ML -- PG003 -- 5275 07/23/93 16:03 EDT
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Date:Jul 23, 1993
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