ComEd Extends Credit Agreement and Empowers Local Minority and Community Banks

Credit program quadruples minority bank participation helping to grow
local economies

CHICAGO–(BUSINESS WIRE)–ComEd
and its parent company, Exelon Corporation, have arranged credit lines
totaling $123 million with 28 minority and community-owned banks in
areas where ComEd and Exelon operate. These transactions help to grow
local businesses and keep valuable dollars in the local economies, and
are critical to many communities that are still challenged by the
economic climate.

Exelon’s minority and community banking program, which began in 2003,
remains unique in the energy industry. Locally, Seaway Bank and Trust
Company and Illinois Bank and Trust served as lead arrangers for the $34
million credit facility for ComEd. Administered by JP Morgan Chase since
its inception, the program has more than tripled in credit facility size
and quadrupled the number of participating banks.

“As a company located exclusively in northern Illinois, we have a
special interest in our local businesses and stimulating economic
development in our communities,” said Joe Trpik, Senior Vice President,
Chief Financial Officer and Treasurer, ComEd. “ComEd is helping to lead
the charge in increasing opportunities for diversity certified
suppliers. Our award-winning supplier diversity program is helping to
fuel job creation in northern Illinois and stimulates competition among
vendors.”

“ComEd continues to support the mission of community banks by showing
their commitment to business and economic development in the communities
that we serve. As an African-American woman owned institution, we are
honored that Seaway Bank and Trust Company has again been given the
opportunity to have had a role in arranging this credit facility for
ComEd and its parent company Exelon,” said Veranda L. Dickens, Chairman
of Seaway Bank and Trust Company.

“Illinois Bank & Trust is honored to be selected as one of the lead
banks in Illinois to facilitate credit arrangements for Exelon,” said
Illinois Bank & Trust’s President and CEO Steve Ward. “We work hard to
offer lending to a diverse range of businesses — large and small — and
to find the best avenue for each customer. We appreciate Exelon’s
business and the resulting partnerships developed in our Northern
Illinois region.”

Exelon and ComEd have demonstrated a commitment to supplier diversity
and have made it a critical part of the company’s overall supply chain
strategy. In 2014, ComEd spent $415 million with diversity certified
suppliers (minority-, women- or veteran-owned suppliers), a $100 million
increase over 2013. Over the last two years ComEd has increased its
annual supplier diversity spend by 30 percent. Exelon’s corporate
spending with diversity certified suppliers totaled more than $1.1
billion in 2014.

In addition, ComEd is a founding member and active participant in
numerous diverse supplier advocacy organizations including the recently
launched Illinois Utilities Business Diversity Council, Chicago Minority
Supplier Development Council, Chicago United Five Forward Initiative,
The Women’s Business Development Center, The Rainbow PUSH Trade Bureau,
and the Illinois Hispanic Chamber of Commerce.

For more information on ComEd’s commitment to diversity and inclusion,
visit ComEd.com.

Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon
Corporation (NYSE: EXC), the nation’s leading competitive energy
provider, with approximately 7.8 million customers. ComEd provides
service to approximately 3.8 million customers across northern Illinois,
or 70 percent of the state’s population.
For more information
visit
ComEd.com,
and connect with the company on
Facebook,
Twitter
and
YouTube.

Contacts

ComEd Media Relations
(312) 394-3500
www.comed.com/news