Moody`s Investors Service Upgrades DPL Inc. and Dayton Power and Light Company Ratings

DAYTON, Ohio--(Business Wire)--
DPL Inc. (NYSE: DPL) today announced that Moody`s Investors Service raised its
ratings on DPL and its principal subsidiary, The Dayton Power and Light Company.

"We are very pleased with today`s announcement," said Paul Barbas, DPL president
and chief executive officer. "It reflects the positive steps that we have taken
over the past several years to improve the company`s financial and risk
profile."

Ratings:

From To
DPL Inc.
Issuer Rating A3 / Positive A2 / Stable
Senior Unsecured Baa2 Baa1
Capital Trust II Baa3 Baa2

The Dayton Power and
Light Company
Senior Secured A2 A1
Issuer Rating A3 / Positive A2 / Stable

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 514,000 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 3,750 megawatts of generation capacity, of which
2,850 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.

DPL Inc.
News Media Contact
DPL Media Line, 937-224-5940
communications@dplinc.com
or
Investor Relations Contact
Craig Jackson, Assistant Treasurer, 937-259-7033

Copyright Business Wire 2009