DP&L Declares Quarterly Preferred Dividends

DAYTON, Ohio--(Business Wire)--
The Board of Directors of The Dayton Power and Light Company declared quarterly
dividends on The Dayton Power and Light Company preferred stocks as follows:

$0.9375 per share on the 3.75% Series A, Cumulative

$0.9375 per share on the 3.75% Series B, Cumulative

$0.975 per share on the 3.90% Series C, Cumulative

The preferred dividends are payable June 1, 2009 to holders of record on May 15,
2009.

About DPL

DPL Inc. (NYSE:DPL) is a regional energy company. DPL was named one of Forbes`
"100 Most Trustworthy Companies" in 2009.

DPL`s principal subsidiaries include The Dayton Power and Light Company (DP&L);
DPL Energy, LLC (DPLE); and DPL Energy Resources, Inc. (DPLER). DP&L, a
regulated electric utility, provides service to over 500,000 retail customers in
West Central Ohio; DPLE engages in the operation of merchant peaking generation
facilities; and DPLER is a competitive retail electric supplier in Ohio, selling
to major industrial and commercial customers. DPL, through its subsidiaries,
owns and operates approximately 3,700 megawatts of generation capacity, of which
2,800 megawatts are low cost coal-fired units and 900 megawatts are natural gas
and diesel peaking units. Further information can be found at www.dplinc.com.

Certain statements contained in this press release are "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995. Matters discussed in this press release that relate to events or
developments that are expected to occur in the future, including management`s
expectations, strategic objectives, business prospects, anticipated economic
performance and financial condition and other similar matters constitute
forward-looking statements. Forward-looking statements are based on management`s
beliefs, assumptions and expectations of future economic performance, taking
into account the information currently available to management. These statements
are not statements of historical fact and are typically identified by terms and
phrases such as "anticipate," "believe," "intend," "estimate," "expect,"
"continue," "should," "could," "may," "plan," "project," "predict," "will," and
similar expressions. Such forward-looking statements are subject to risks and
uncertainties, and investors are cautioned that outcomes and results may vary
materially from those projected due to various factors beyond our control,
including but not limited to: abnormal or severe weather and catastrophic
weather-related damage; unusual maintenance or repair requirements; changes in
fuel costs and purchased power, coal, environmental emissions, natural gas, oil,
and other commodity prices; volatility and changes in markets for electricity
and other energy-related commodities; performance of our suppliers and other
counterparties; increased competition and deregulation in the electric utility
industry; increased competition in the retail generation market; changes in
interest rates; state, federal and foreign legislative and regulatory
initiatives that affect cost and investment recovery, emission levels and
regulations, rate structures or tax laws; changes in federal and/or state
environmental laws and regulations to which DPL and its subsidiaries are
subject; the development and operation of Regional Transmission Organizations
(RTOs), including PJM Interconnection, L.L.C. (PJM) to which DPL`s operating
subsidiary (DP&L) has given control of its transmission functions; changes in
our purchasing processes, pricing, delays, employee, contractor, and supplier
performance and availability; significant delays associated with large
construction projects; growth in our service territory and changes in demand and
demographic patterns; changes in accounting rules and the effect of accounting
pronouncements issued periodically by accounting standard-setting bodies;
financial market conditions; the outcomes of litigation and regulatory
investigations, proceedings or inquiries; general economic conditions; and the
risks and other factors discussed in DPL`s and DP&L`s filings with the
Securities and Exchange Commission.

Forward-looking statements speak only as of the date of the document in which
they are made. We disclaim any obligation or undertaking to provide any updates
or revisions to any forward-looking statement to reflect any change in our
expectations or any change in events, conditions or circumstances on which the
forward-looking statement is based.

Inquiries concerning this report should be directed to:

Media Contact
Telephone (937) 224-5940

Investor Relations Contact
Craig Jackson
Assistant Treasurer
Telephone (937) 259-7033

The information contained herein is submitted for general information
and not in connection with any sale or offer for sale of,
or solicitation of any offer to buy, any securities.

DPL Inc.
DPL Medialine, 937-224-5940
or
Investor Relations Contact
Craig Jackson, Assistant Treasurer, 937-259-7033

Copyright Business Wire 2009