GE Hitachi Nuclear Energy Selected by Dominion Virginia Power as Technology Partner for North Anna Unit Three

WILMINGTON, N.C.― April 25, 2013 ― GE Hitachi Nuclear Energy (GEH) today announced its selection by Dominion Virginia Power as its new technology partner for the North Anna Unit Three (NA-3) Nuclear Power Plant Project.

The project development agreement includes engineering work to support the development of the specific Economic Simplified Boiling Water Reactor (ESBWR) design for NA-3 and licensing support work for the utility’s Combined Operating License (COL) application to the Nuclear Regulatory Commission (NRC).

“We are thrilled to work with Dominion Virginia Power to potentially bring the world’s most technologically advanced reactor to North Anna,” said Caroline Reda, president and CEO, GEH. “Their long commitment to a diverse energy portfolio, close proximity to our global headquarters and advanced technology centers and familiarization with our technology make them a perfect partner.”

GEH also announced an agreement with Fluor Corporation on the project. GEH will focus on reactor design and equipment while Fluor will bring its experience to the balance of plant, including planning for construction and the installation of a GE steam turbine in the turbine island.

The ESBWR employs passive safety systems and a simplified design utilizing natural circulation. These attributes result in an ability of the reactor to cool itself for more than seven days without operator intervention or AC power on or off site.

This reactor technology represents the culmination of more than 50 years of experience designing, building and advancing the safest nuclear reactors in the market today.*

About GE Hitachi Nuclear Energy

Based in Wilmington, N.C., GE Hitachi Nuclear Energy (GEH) is a world-leading provider of advanced reactors and nuclear services. Established in June 2007, GEH is a global nuclear alliance created by GE and Hitachi to serve the global nuclear industry. The nuclear alliance executes a single, strategic vision to create a broader portfolio of solutions, expanding its capabilities for new reactor and service opportunities. The alliance offers customers around the world the technological leadership required to effectively enhance reactor performance, power output and safety.

* Based on core damage frequency, the industry standard measure of safety

About Dominion Virginia Power

Dominion Virginia Power is a subsidiary of Dominion (NYSE: D), one of the nation's largest producers and transporters of energy, with a portfolio of approximately 27,500 megawatts of generation. Dominion operates one of the nation's largest natural gas storage systems and serves retail energy customers in 15 states. For more information about Dominion, visit the company's website at www.dom.com.

About Fluor Corporation

For more than 100 years, Fluor Corporation (NYSE: FLR) has partnered with its clients to design, build and maintain many of the world's most challenging and complex capital projects. Through its global network of offices on six continents, more than 40,000 employees provide comprehensive capabilities and world-class expertise in the fields of engineering, procurement, construction, commissioning, fabrication, operations, maintenance and project management. Today, the company serves a global client base in the energy, chemicals, government, industrial, infrastructure, operations & maintenance, manufacturing & life sciences, mining, power and transportation sectors. Headquartered in Irving, Texas, Fluor ranks 124 on the FORTUNE 500 list and had revenue of $27.6 billion in 2012. For more information, visit www.fluor.com.

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