UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549
                                    FORM 8-K



                                 CURRENT REPORT


                Pursuant to Section 13 or 15(d) of the Securities
                              Exchange Act of 1934


                                September 4, 2002
                                (Date of earliest
                                 event reported)



Commission File Name of Registrant; State of Incorporation; Address of IRS Employer Number Principal Executive Offices; and Telephone Number Identification Number - --------------------- --------------------------------------------------------- ------------------------- 1-16169 EXELON CORPORATION 23-2990190 (a Pennsylvania corporation) 10 South Dearborn Street - 37th Floor P.O. Box 805379 Chicago, Illinois 60680-5379 (312) 394-7398 333-85496 EXELON GENERATION COMPANY, LLC 23-3064219 (a Pennsylvania limited liability company) 300 Exelon Way Kennett Square, Pennsylvania 19348 (610) 765-8200
Item 5. Other Events On September 4, 2002, Exelon Corporation issued a press release announcing that it is in the preliminary stages of exploring the possibility of selling its share of AmerGen Energy Company, LLC. The press release is attached as Exhibit 99.1. Item 9. Regulation FD Disclosure During Exelon's presentation at the Lehman Brothers Conference on September 4, 2002, Exelon stated that it does not intend, as part of its strategy, to own the international assets of Sithe Energies, Inc. This report contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may vary materially from the expectations contained herein. The forward-looking statements herein include statements about future financial and operating results of Exelon Corporation and Exelon Generation Company, LLC (Registrants). Economic, business, competitive and/or regulatory factors affecting Registrant's businesses generally could cause actual results to differ materially from those described herein. For a discussion of the factors that could cause actual results to differ materially, please see Exelon's filings with the Securities and Exchange Commission, particularly those discussed in "Management's Discussion and Analysis of Financial Condition and Results of Operations -- Outlook" in Exelon's 2001 Annual Report and those discussed in "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Exelon Generation Company, LLC's Registration Statement on Form S-4, Reg. No. 333-85496. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this report. Registrants do not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of this report. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EXELON CORPORATION EXELON GENERATION COMPANY, LLC /S/ Ruth Ann M. Gillis ---------------------------------- Ruth Ann M. Gillis Senior Vice President Exelon Corporation September 5, 2002
Exhibit 99.1

                                                                   [Exelon Logo]


News Release
                                                          For Immediate Release
                                                          ---------------------
                                                          September 4, 2002
Contacts:

           Exelon:
           Donald Kirchoffner, Corporate Communications
           312.394.3001
           Mary Rucci, Exelon Generation Communications
           610.765.6925
           Linda Marsicano, Corporate Communications
           312.394.3099
           Linda Byus, CFA, Investor Relations
           312.394.7696

                  EXELON EXPLORING POSSIBILITY OF AMERGEN SALE

(September 4, 2002) Chicago -- Exelon Corporation responded to inquiries with an
announcement today that it is in the preliminary stages of exploring the
possibility of a sale of its share of AmerGen Energy Company LLC. Exelon would
consider a sale only at a price that would enhance shareholder value when
compared with the alternative of holding on to its investment.

"Exelon remains committed to being the nation's largest and best nuclear power
plant operator," said Exelon Chairman and CEO John W. Rowe.

                                       ###

Exelon Corporation is one of the nation's largest electric utilities with
approximately 5 million customers and more than $15 billion in annual revenues.
The company has one of the industry's largest portfolios of electricity
generation capacity, with a nationwide reach and strong positions in the Midwest
and Mid-Atlantic. Exelon distributes electricity to approximately 5 million
customers in Illinois and Pennsylvania and gas to more than 440,000 customers in
the Philadelphia area. Exelon is headquartered in Chicago and trades on the NYSE
under the ticker EXC.

This press release contains certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. These
statements are based on management's current expectations and are subject to
uncertainty and changes in circumstances. Actual results may vary materially
from the expectations contained herein. The forward-looking statements herein
include statements about future financial and operating results of Exelon.
Economic, business, competitive and/or regulatory factors affecting Exelon's
businesses generally could cause actual results to differ materially from those
described herein. For a discussion of the factors that could cause actual
results to differ materially, please see Exelon's filings with the Securities
and Exchange Commission, particularly those discussed in "Management's
Discussion and Analysis of Financial Condition and Results of Operations --
Outlook" in Exelon's 2001 Annual Report and those discussed in "Risk Factors"
and "Management's Discussion and Analysis of Financial Condition and Results of
Operations" in Exelon Generation Company, LLC's Registration Statement on Form
S-4, Req. No. 333-85496. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date of this press
release. Exelon does not undertake any obligation to publicly release any
revisions to these forward-looking statements to reflect events or circumstances
after the date of this press release.