May 29,2002

IURC APPROVES GAS COST ADJUSTMENT FOR INDIANA GAS

Today in Cause No. 37394 GCA 74, the Indiana Utility Regulatory Commission approved the Gas Cost Adjustment for Indiana Gas for the months of June, July and August. The tables below show the impact on customers.

Table 1

Effect on Residential Customers

New vs. Current

Monthly Consumption Dth		Bill at New GCA Factor	Bill at Current GCA Factor		Increase (Decrease)			Percent Change

5	$ 64.45			$ 45.78		$18.68	40.79%
10	116.75			79.40		37.35	47.04%
15	169.04			113.02		56.03	49.57%
20	221.34			146.64		74.70	50.94%
25	273.63			180.26		93.38	51.80%

Table 2

Effect on Residential Customers

New vs. One Year Ago

Monthly Consumption Dth	Bill at New GCA Factor	Bill at GCA Factor One Year Ago	Increase (Decrease)	Percent Change

5	$ 64.45	$ 60.22	$ 4.23	7.02%
10	116.75	$108.29	8.46	7.81%
15	169.04	$156.35	12.69	8.12%
20	221.34	$204.42	16.92	8.28%
25	273.63	$252.48	21.15	8.38%

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