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 March 1, 2001, to shareholders of record on February 16, 2001.

The dividend, which remains unchanged from the previous quarter, equates to $1.08 per share on an annualized basis. The March dividend will be the 213th consecutive quarterly dividend paid.

AGL Resources Inc. is a regional energy holding company with gas distribution and energy marketing operations in the Southeast. The company is the second largest natural gas-only distribution company in the United States and serves more than 1.8 million customers throughout Georgia, Chattanooga, Tennessee, and southeastern Virginia. AGL Resources also is engaged through subsidiaries and partnerships in other energy-related businesses, including telecommunications, retail energy marketing, customer care services for energy marketers, and wholesale and retail propane sales.

SOURCE: AGL Resources Inc.

Contact: financial community, Melanie M. Platt, Vice President, Investor
Relations, 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 Inc.