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 June 1, 2001, to shareholders of record on May 18, 2001.

The dividend, which remains unchanged from the previous quarter, equates to $1.08 per share on an annualized basis. The June dividend will be the 214th consecutive quarterly dividend paid.

AGL Resources Inc. is a regional holding company for energy and infrastructure related businesses 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 businesses, including telecommunications, retail energy marketing, wholesale energy services, and wholesale and retail propane sales.


SOURCE: AGL Resources Inc.

Contact: investors, Steve Cave, Director, Investor Relations,
404-584-3420, or Joe Heffron, Manager, Investor Relations, 404-584-3427, or
media, Nick Gold, Director, Media Relations, 404-584-3457, or 800-291-9649,
all of AGL Resources