AGL Resources Declares Quarterly Dividend

The board of directors of AGL Resources today declared a quarterly dividend of 27 cents per share on its common stock. Payment will be made on September 1, 2000, to shareholders of record on August 18, 2000.

The dividend, which remains unchanged from the previous quarter, equates to $1.08 per share on an annualized basis. The September dividend will be the 211th consecutive quarterly dividend paid.

AGL Resources Inc. is a regional energy holding company with gas distribution and energy marketing operations in the Southeast. Atlanta Gas Light Company, the largest natural gas distributor in the Southeast and the company's primary subsidiary, provides delivery service to more than 1.5 million customers in Georgia and Chattanooga, Tennessee. AGL Resources' also is engaged through subsidiaries and partnerships in other energy-related businesses, including retail energy marketing, customer care services for energy marketers, and wholesale and retail propane sales. AGL Resources has signed a definitive agreement to acquire Virginia Natural Gas, which serves 230,000 customers and operates gas pipelines in the Hampton Roads region of Virginia.

SOURCE: AGL Resources

Contact: Financial Community: Melanie M. Platt, Vice President Investor
Relations and Corporate Secretary, 404-584-3420, or Joe Heffron, Manager,
Investor Relations, 404-584-3427, or media: Nick Gold, Manager, Media
Relations, 404-584-3457, or 1-800-291-9649, all of AGL Resources