AGL Resources Board of Directors Declares Quarterly Dividend; Shareholders Elect Directors

ATLANTA, May 4, 2011 /PRNewswire/ -- The board of directors of AGL Resources (NYSE: AGL) yesterday declared a quarterly dividend of $0.45 per share on the company's common stock. The dividend will be paid June 1, 2011 to shareholders of record at the close of business on May 13, 2011. This marks the 254th consecutive quarterly dividend the company has paid since 1948.

The company also announced that at its annual meeting on May 3, shareholders ratified the appointment of PricewaterhouseCoopers LLP as its independent registered accounting firm and approved an amendment and restatement of the company's long-term incentive plan as well as an amendment to the company's employee stock purchase plan.  The shareholders also approved the compensation paid to the company's named executive officers and approved management's proposal that shareholders hold such a vote on executive compensation on an annual basis.

Shareholders also re-elected Sandra N. Bane, Thomas D. Bell, Jr., Arthur E. Johnson, Dean R. O'Hare, James A. Rubright, John W. Somerhalder II and Bettina M. Whyte as directors for one-year terms expiring at the annual meeting in 2012. The terms of five current directors - Charles R. Crisp, Wyck A. Knox, Jr., Dennis M. Love, Charles H. "Pete" McTier and Henry C. Wolf - will continue until the 2012 annual meeting.

About AGL Resources

AGL Resources (NYSE: AGL), an Atlanta-based energy services company, serves approximately 2.3 million customers in six states. The company also owns Houston-based Sequent Energy Management, an asset manager serving natural gas wholesale customers throughout North America. As an 85-percent owner in the SouthStar partnership, AGL Resources markets natural gas to consumers in Georgia under the Georgia Natural Gas brand. The company also owns and operates two high-deliverability natural gas storage facilities: Jefferson Island Storage & Hub near the Henry Hub in Louisiana and Golden Triangle Storage in Texas. For more information, visit www.aglresources.com.

SOURCE AGL Resources