THIS IS A CONFIRMING COPY OF AMENDMENT NO. 1
TO THE SCHEDULE 13D ORIGINALLY FILED ON PAPER
WITH THE COMMISSION ON APRIL 14, 1995
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Exide Electronics Group, Inc.
(Name of Issuer)
Common Stock, $.01 Par Value
(Title of Class of Securities)
302052
(CUSIP NUMBER)
Diane S. Eismont
Secretary
DQE, Inc.
301 Grant Street
Pittsburgh, PA 15279
(412) 393-6080
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
with a copy to:
Victor A. Roque, Esq.
General Counsel
DQE, Inc.
301 Grant Street
Pittsburgh, PA 15279
April 10, 1995
(Date of event which requires filing of this statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this
Schedule 13D, and is filing this schedule because of
Rule 13d-1(b)(3) or (4) check the following box [ ].
Check the following box if a fee is being paid with the statement
[ ].
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18 o
f the Securities Exchange Act of 1934, as amended (the "Act"), or
otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act.
CUSIP No. 302052 13D
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
DQE, INC.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Pennsylvania
NUMBER OF 7 SOLE VOTING POWER
SHARE
BENEFICIALLY 0
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 611,250 shares (See Item 5)
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
611,250 shares (See Item 5)
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
611,250 shares (See Item 5)
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.90%
14 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT
CUSIP No. 302052 13D
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
DUQUESNE ENTERPRISES, INC.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Pennsylvania
NUMBER OF 7 SOLE VOTING POWER
SHARE
BENEFICIALLY 0
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 611,250 (See Item 5)
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
611,250 (See Item 5)
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
611,250 shares (See Item 5)
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.90%
14 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT
CUSIP No. 302052 13D
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
THOMAS A. HURKMANS
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
3 SEC USE ONLY
4 SOURCE OF FUNDS*
PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 2,526 shares (See Item 5)
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
9 SOLE DISPOSITIVE POWER
2,526 shares (See Item 5)
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
2,526 shares (See Item 5)
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.03%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT
This Amendment No. 1 amends the statement on Schedule 13D
(the "Statement") filed with the Commission on February 21, 1995
with respect to the common stock, par value $.01 per share (the
"Common Stock"), of Exide Electronics Group, Inc., a Delaware
corporation (the "Issuer"). Terms used and not otherwise defined
herein shall have the respective meanings set forth in the
Statement.
Item 1. Security and Issuer
The information provided in Item 1 has not changed since the
filing of the statement.
Item 2. Identity and Background
Except as otherwise expressly indicated below, the
information provided in Item 2 has not changed since the filing
of the Statement.
This statement is filed jointly by DQE, Inc., a Pennsylvania
corporation, by Duquesne Enterprises, Inc., a Pennsylvania
corporation which is a wholly-owed subsidiary of DQE ("Duquesne
Enterprises") and by Thomas A. Hurkmans, Vice President of
Duquesne Enterprises ("Hurkmans") (DQE, Duquesne Enterprises and
Hurkmans shall hereinafter be referred to collectively as the
"Reporting Persons").
DQE is a public utility holding company exempt from
registration under the Public Utility Holding Company Act of
1935, as amended (the "1935 Act"), pursuant to Section 3(a)(1) of
the 1935 Act. DQE's principal place of business and principal
executive offices are located at Cherrington Corporate Center,
Suite 100, 500 Cherrington Parkway, Coraopolis, Pennsylvania
15108-3184.
Duquesne Enterprises makes investments in non-regulated
businesses. Duquesne Enterprises' principal place of business
and principal executive offices are located at 330 Grant Street,
Pittsburgh, Pennsylvania 15219.
During the last five years neither DQE nor Duquesne
Enterprises was convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors) nor was a party to a
civil proceeding of a judicial or administrative body of
competent jurisdiction nor as a result of such proceeding was or
is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to,
federal or state securities laws or finding any violation with
respect to such laws.
The name, business address, citizenship, present principal
occupation or employment, and the names and addresses of any
corporation or other organization in which such employment is
conducted of (i) each of the executive officers and directors of
DQE and (ii) each of the executive officers and directors of
Duquesne Enterprises are set forth in Appendix A attached hereto
and incorporated herein by reference.
During the last five years, to the knowledge of each of the
Reporting Persons, no person identified in Appendix A was
convicted in a criminal proceeding (excluding traffic violations
or similar misdemeanors) nor was a party to a civil proceeding of
a judicial or administrative body of competent jurisdiction nor
as a result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state
securities laws or finding any violation with respect to such
laws.
Hurkmans is Vice President of Duquesne Enterprises and a
resident of Pennsylvania. His business address is 330 Grant
Street, Pittsburgh, Pennsylvania 15219. Hurkmans is a United
States citizen.
During the last five years Hurkmans has not been convicted
in a criminal proceeding (excluding traffic violations or similar
misdemeanors) and was not a party to a civil proceeding of a
judicial or administrative body of competent jurisdictions, and
was consequently not subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or
finding any violation with respect to such laws.
Item 3. Source and Amount of Funds
Except as otherwise expressly indicated below, the
information provided in Item 3 has not changed since the filing
of the Statement.
DQE does not own any shares of Common Stock directly. Other
than through its wholly-owned subsidiary, Duquesne Enterprises,
DQE does not beneficially own any shares of the Common Stock.
Duquesne Enterprises is the record and beneficial owner of
611,250 shares of the Common Stock. Of the 611,250 shares
beneficially owned by Duquesne Enterprises, 526,250 shares were
issued to Duquesne Enterprises upon conversion, pursuant to the
Reorganization Agreement attached hereto as Exhibit A, of 25,000
shares of Series B Cumulative Convertible Preferred Stock (the
"IPM Series B Preferred Shares") of International Power Machines
Corporation, a Delaware corporation ("IPM"), held by Duquesne
Enterprises. Duquesne Enterprises acquired the IPM Series B
Preferred Shares at an aggregate purchase price of $2,500,000.
The source of all the funds used by Duquesne Enterprises to
acquire the IPM Series B Preferred Shares was a contribution to
capital from Duquesne Enterprises by DQE. The funds contributed
by DQE to Duquesne Enterprises were obtained from the working
capital of DQE and were not the result of a loan or other
borrowing arrangement. 70,000 of the shares beneficially owned
by Duquesne Enterprises were acquired by Duquesne Enterprises
through a contribution to capital from DQE. DQE had acquired the
70,000 shares through a dividend on April 4, 1995 from DQE's
wholly-owned subsidiary, Montauk, Inc. Montauk, Inc. acquired
the 70,000 shares of Common Stock in an open market transaction
on March 7, 1995, at a purchase price of $16.50 per share for an
aggregate purchase price of $1,157,800 including brokerage
commissions. The funds used by Montauk, Inc. to acquire the
Common Stock were obtained from the working capital of Montauk.
The remaining 15,000 shares of Common Stock beneficially owned by
Duquesne Enterprises were acquired by Duquesne Enterprises in an
open market transaction on April 10, 1995 at a purchase price of
$16.375 per share for an aggregate purchase price of $245,625.
Item 4. Purpose of the Transaction
Except as otherwise expressly indicated below, the
information provided in Item 4 has not changed since the filing
of the Statement.
Each of DQE, Duquesne Enterprises and Hurkmans has acquired
the Common Stock of the Issuer as long-term investments in the
Issuer's capital stock. None of DQE, Duquesne Enterprises or
Hurkmans presently intends to acquire control over the Issuer.
To the knowledge of each of the Reporting Persons, none of the
executive officers and directors of DQE or the executive officers
and directors of Duquesne Enterprises presently intends to
acquire control over the Issuer. The Reporting Persons presently
intend to purchase additional securities of the Issuer should the
market price remain attractive. Such purchases may be made in
open market transactions or privately negotiated transactions and
may be consummated with or without the services of a broker.
Based upon the amount of such additional purchases, the Reporting
Persons may seek representation on the board of directors of the
Issuer commensurate with such ownership. Similarly, subject to
applicable law, and depending upon market and other factors, the
Reporting Persons may from time to time determine to dispose of
some or all of the shares of Common Stock. Furthermore, the
Reporting Persons may increase or decrease their respective
investments in the Issuer, depending on the price and
availability of the Issuer's securities, the amount of working
capital available to the Reporting Persons for such purposes,
general economic and stock market conditions, tax considerations,
subsequent developments affecting the Issuer, the Reporting
Persons' evaluation of the Issuer's business and future
prospects, the Issuer's acceptance of the Reporting Persons as
investors in the Issuer, the status of the Reporting Persons
under the Rights Agreement between the Issuer and First Union
National Bank of North America, as Rights Agent, dated as of
November 25, 1992, and other considerations, including the
obtaining of any necessary regulatory approvals.
Other than as described in this Item 4, none of the
Reporting Persons or the persons listed in Appendix A has any
present plans or proposals which relate to or would result in:
(a) the acquisition by any person of additional securities of the
Issuer, or the disposition of securities of the Issuer; (b) an
extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Issuer or any of its
subsidiaries; (c) a sale or transfer of a material amount of
assets of the Issuer or of any of its subsidiaries; (d) any
change in the present board of directors or management of the
Issuer, including any plans or proposals to change the number or
terms of directors or to fill any existing vacancies on the
board; (e) any material change in the present capitalization or
dividend policy of the Issuer; (f) any other material change in
the Issuer's business or corporate structure; (g) changes in the
Issuer's charter, by-laws or instruments corresponding thereto or
other actions which may impede the acquisition of control of the
Issuer by any person; (h) a class of securities of the Issuer
being delisted from a national securities exchange or ceasing to
be authorized to be quoted in an inter-dealer quotation system of
a registered national securities association; (i) a class of
equity securities of the Issuer becoming eligible for termination
of registration pursuant to Section 12(g)(4) of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"); or (j) any
action similar to any of those enumerated above.
Item 5. Interest in Securities of the Issuer
Except as otherwise expressly indicated below, the
information provided in Item 5 has not changed since the filing
of the Statement.
(a) DQE owns no shares of Common Stock other than through
its wholly-owned subsidiary Duquesne Enterprises. Through such
subsidiary, DQE beneficially owns 611,250 shares of Common Stock
representing approximately 7.90% of the outstanding shares of
Common Stock. Duquesne Enterprises directly and beneficially
owns 611,250 shares of Common Stock representing approximately
7.90% of the outstanding shares of Common Stock. Duquesne
Enterprises shares the power to vote or direct the vote and the
power to dispose or direct the disposition of such shares with
DQE as a result of DQE's status as the sole shareholder of
Duquesne Enterprises. Other than as described herein, to the
knowledge of the Reporting Persons, the executive officers and
directors of each of DQE and Duquesne Enterprises, other than in
their respective capacities as officers and/or directors of DQE
and Duquesne Enterprises, have no interest in, power to vote or
direct the vote of, or power to dispose or direct the disposition
of any of such shares. Hurkmans directly owns 2,526 shares of
Common Stock representing approximately .03% of the outstanding
shares of Common Stock. Hurkmans has the sole power to vote or
direct the vote of such shares and to dispose or direct the
disposition of such shares. Hurkmans does not share the power to
vote or to direct the vote or to dispose or direct the
disposition of any of such shares.
The number of shares of Common Stock beneficially owned by
the Reporting Persons and the percentage of the outstanding
shares of Common Stock represented thereby have been computed in
accordance with Rule 13d-3 under the Exchange Act. The
percentages of ownership of Duquesne Enterprises and Hurkmans,
respectively, are based on 7,736,929 outstanding shares of the
Issuer's Common Stock as stated in the Issuer's Quarterly Report
on Form 10-Q for the quarter ended December 31, 1994.
(b) Given that DQE is the sole shareholder of Duquesne
Enterprises, DQE and Duquesne Enterprises share with each other
the power to vote and dispose of the Common Stock beneficially
owned by each of them. Hurkmans has the sole power to vote and
dispose of the shares of Common Stock beneficially owned by him.
(c) Other than the transactions described above, DQE,
Duquesne Enterprises and Hurkmans have not entered into any
transactions regarding the securities of the Issuer during the
last sixty days.
(d) Not Applicable.
(e) Not Applicable.
Item 6. Contracts, Arrangements, Understandings or
Relationships with Respect to Securities of the Issuer
The information provided in Item 6 has not changed since the
filing of the Statement.
Item 7. Material to be Filed as Exhibits
Appendix A - Information Regarding executive
officers and directors of DQE
and Duquesne Enterprises, Inc.
Exhibit A - Agreement and Plan of
Reorganization dated as of
August 25, 1994, as amended by
the First Amendment to
Agreement and Plan of
Reorganization dated as of
December 14, 1994 and the
Second Amendment to Agreement
and Plan of Reorganization
dated as of January 5, 1995,
among Exide Electronics Group,
Inc., Exide Electronics
Acquisition, Inc. and
International Power Machines
Corporation and the related
Certificate of Merger attached
as Exhibit A thereto.
(Incorporated by reference to
Exhibit No. 2.1 to the
Registration Statement of Exide
Electronics Group, Inc. on Form
S-4, Registration No. 33-88324,
filed with the Commission on
January 6, 1995 ("Form S-4").)
Exhibit B - Stockholder Agreement dated as
of August 25, 1994 by and
between Duquesne Enterprises,
Inc. and Exide Electronics
Group, Inc. (Incorporated by
reference to Exhibit 2.4 of
Form S-4.)
Exhibit C - Registration Rights Agreement
dated as of January 5, 1995
between Duquesne Enterprises,
Inc. and Exide Electronics
Group, Inc. During the last
five years DQE has not been
convicted in a criminal
proceeding (excluding traffic
violations or similar
misdemeanors) and was not a
party to a civil proceeding of
a judicial or administrative
body of competent jurisdiction,
and consequently was not
subject to a judgment, decree
or final order enjoining future
violations of, or prohibiting
or mandating activities subject
to, federal or state securities
laws or finding any violation
with respect to such laws.
(Incorporated by reference to
Exhibit C to the Schedule 13D
relating to the securities of
Exide Electronics Group, Inc.
filed by Duquesne Enterprises
and Hurkmans on February 21,
1995 (the "Schedule 13D").
Exhibit D - Affiliate Agreement dated as of
August 25, 1994 between Exide
Electronics Group, Inc., and
Duquesne Enterprises, Inc.
During the last five years DQE
has not been convicted in a
criminal proceeding (excluding
traffic violations or similar
misdemeanors) and was not a
party to a civil proceeding of
a judicial or administrative
body of competent jurisdiction,
and consequently was not
subject to a judgment, decree
or final order enjoining future
violations of, or prohibiting
or mandating activities subject
to, federal or state securities
laws or finding any violation
with respect to such laws.
(Incorporated by reference to
Exhibit D to Schedule 13D).
Exhibit E - Joint Filing Agreement pursuant
to Rule 13d-1(f).
Signatures
After reasonable inquiry and to the best of its knowledge
and belief, the undersigned certify that the information set
forth in this statement is true, complete and correct.
Dated: April 12, 1995
DQE, INC.
By: /s/ Gary L. Schwass
________________________________
Name: Gary L. Schwass
Title: Executive Vice President,
Chief Financial Officer
and Treasurer
DUQUESNE ENTERPRISES, INC.
By: /s/ James D. Mitchell
________________________________
Name: James D. Mitchell
Title: President
THOMAS A. HURKMANS
/s/ Thomas A. Hurkmans
____________________________________
Exhibit Index
Sequential
Item Description Page No.
Appendix A - Information Regarding Executive
Officers and Directors of DQE and
Duquesne Enterprises, Inc.
Exhibit A - Agreement and Plan of Reorganization
dated as of August 25, 1994, as
amended by the First Amendment to
Agreement and Plan of Reorganization
dated as of December 14, 1994 and
the Second Amendment to Agreement
and Plan of Reorganization dated
as of January 5, 1995, among Exide
Electronics Group, Inc., Exide
Electronics Acquisition, Inc. and
International Power Machines
Corporation and the related
Certificate of Merger attached as
Exhibit A thereto. (Incorporated by
reference to Exhibit No. 2.1 to the
Registration Statement of Exide
Electronics Group, Inc. on Form S-4,
Registration No. 33-88324, filed
with the Commission on January 6,
1995 ("Form S-4").)
Exhibit B - Stockholder Agreement dated as of
August 25, 1994 by and between
Duquesne Enterprises, Inc. and Exide
Electronics Group, Inc.
(Incorporated by reference to
Exhibit 2.4 of Form S-4.)
Exhibit C - Registration Rights Agreement dated
as of January 5, 1995 between
Duquesne Enterprises, Inc. and Exide
Electronics Group, Inc.
(Incorporated by reference to
Exhibit C to the Schedule 13D
relating to the securities of Exide
Electronics Group, Inc. filed by
Duquesne Enterprises and Hurkmans on
February 21, 1995 ("Schedule 13D").
Exhibit D - Affiliate Agreement dated as of
August 25, 1994 between Exide
Electronics Group, Inc., and
Duquesne Enterprises, Inc.
(Incorporated by reference to
Exhibit D to Schedule 13D).
Exhibit E - Joint Filing Agreement pursuant to
Rule 13d-1(f).
Appendix A
Set forth below are the name and position of each
of the directors and executive officers of DQE and Duquesne
Enterprises. Except as otherwise indicated, the principal
occupation of each person listed below is his or her executive
position with DQE and/or Duquesne Enterprises, as the case may
be; the business address of each such person is 301 Grant Street,
Pittsburgh, Pennsylvania 15279 except for Thomas A. Hurkmans and
Anthony J. Villiotti, each of whose business address is 330 Grant
Street, Pittsburgh, Pennsylvania 15219; and each person is a
citizen of the United States.
Executive Officers of DQE
Name Position
Wesley W. von Schack Chairman of the Board, President and
Chief Executive Officer
Gary L. Schwass Executive Vice President, Chief
Financial Officer and Treasurer
David D. Marshall Executive Vice President
James D. Mitchell Vice President
Raymond H. Panza Controller
Directors of DQE
Principal Occupation and Business
Address (if other than as indicated
Name above)
Daniel Berg Institute Professor,
Rensselaer Polytechnic Institute
(RPI)
CII-05015
Troy, NY 12180-3590
Doreen E. Boyce President of the Buhl Foundation
(charitable institution for education
and public purposes)
Four Gateway Center
Pittsburgh, PA 15222
Robert P. Bozzone Vice-Chairman of Allegheny Ludlum
Corporation (specialty metals
production)
1000 Six PPG Place
Pittsburgh, PA 15222
Sigo Falk Managment of Personal Investments
3315 Grant Building
Pittsburgh, PA 15219
William H. Knoell Retired
9 Twickenham
Hilton Head Island, SC 29928
G. Christian Lantzsch Retired
Spanish Tract Road
Sewickley, PA 15143
Robert Mehrabian President, Carnegie Mellon University
5000 Forbes Avenue
Pittsburgh, PA 15213-3890
Thomas J. Murrin Dean, A. J. Palumbo School of
Business Administration of Duquesne
University
709 Rockwell Hall
Pittsburgh, PA 15282
Robert B. Pease Senior Vice President
National Development Corporation
(real estate)
4415 Fifth Avenue
Pittsburgh, PA 15213
Eric W. Springer Partner of Horty, Springer & Mattern,
P.C. (attorneys-at-law)
4614 Fifth Avenue
Pittsburgh, PA 15213
Wesley W. von Schack Chairman, President and Chief
Executive Officer of DQE; Chairman of
the Board and Chief Executive Officer
of Duquesne Light Company
Executive Officers of Duquesne Enterprises
Names Position
Wesley W. von Schack Chairman of the Board
James D. Mitchell President
Kerry N. Diehl Vice President
Thomas A. Hurkmans Vice President
Anthony J. Villiotti Vice President, Treasurer and
Controller
Diane S. Eismont Secretary
Directors of Duquesne Enterprises
Principal Occupation and Business
Address (if other than as indicated
Name above)
Wesley W. von Schack Chairman of the Board, President and
Chief Executive Officer of DQE;
Chairman of the Board and Chief
Executive Officer of Duquesne Light
Company
Gary L. Schwass Executive Vice President, Chief
Financial Officer and Treasurer, DQE;
Senior Vice President and Chief
Financial Officer, Duquesne Light
Company
David D. Marshall Executive Vice President, DQE;
President and Chief Operating
Officer, Duquesne Light Company
Dianna L. Green Senior Vice President Administration,
Duquesne Light Company
EXHIBIT E
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) under the Securities
Exchange Act of 1934, the persons named below agree to the joint
filing on behalf of each of them of a Statement on Schedule 13D
(including amendments thereto) with respect to the Common Stock,
par value $.01 per share, of Exide Electronics Group, Inc., and
further agree that this Joint Filing Agreement be included as an
Exhibit to such joint filings. In evidence thereof the
undersigned, being duly authorized, hereby execute in one or more
counterparts this Agreement of this day of April, 1995.
DUQUESNE ENTERPRISES, INC.
By: /s/ James D. Mitchell
________________________________
Name: James D. Mitchell
Title: President
DQE, INC.
By: /s/ Gary L. Schwass
________________________________
Name: Gary L. Schwass
Title: Executive Vice President,
Chief Financial Officer
and Treasurer
THOMAS A. HURKMANS
/s/ Thomas A. Hurkmans
____________________________________
