1,500,000 Shares Duquesne Light Company Preferred Stock Underwriting AgreementUnderwriting Agreement • April 13th, 2004 • Duquesne Light Co • Electric services • New York
Duquesne Light Company, a corporation organized under the laws of the Commonwealth of Pennsylvania (the “Company”), proposes to sell to the several underwriters named in Schedule II hereto (the “Underwriters”), for which you (the “Representatives”) are acting as representatives, the aggregate number of shares of its preferred stock, $50 par value, identified in Schedule I hereto (the “Offered Securities”). The terms of the Offered Securities will be set forth in Schedule I hereto and the statement with respect to the Offered Securities (the “Statement”) filed by the Company with the Pennsylvania Department of State. Schedule I hereto specifies the title of the Offered Securities, the dividend rate of the Offered Securities, the aggregate number of shares of the Offered Securities, the initial per share public offering price of the Offered Securities, the per share purchase price to the Underwriters, any concession from the initial public offering price to be allowed to dealers or broke
