SLIDE 1
New York April 19-20, 2006
Analyst Meetings
www.sug.com
2 0406-006
This present at ion and ot her Company report s and st at ement s issued or made from t ime t o t ime cont ain cert ain “ forward-looking st at ement s” concerning proj ect ed financial performance, expect ed plans or fut ure
- perat ions. Sout hern Union Company caut ions t hat act ual result s and development s may differ mat erially
from such proj ect ions or expect at ions. Invest ors should be aware of import ant fact ors t hat could cause act ual result s t o differ mat erially from t he forward-looking proj ect ions or expect at ions. These fact ors include, but are not limit ed t o: cost of gas; gas sales volumes; gas t hroughput volumes and available sources of nat ural gas; discount ing of t ransport at ion rat es due t o compet it ion; cust omer growt h; abnormal weat her condit ions in Sout hern Union’ s service areas; impact of relat ions wit h labor unions of bargaining-unit employees; t he receipt of t imely and adequat e rat e relief and t he impact of fut ure rat e cases or regulat ory rulings; t he out come of pending and fut ure lit igat ion; t he speed and degree t o which compet it ion is int roduced t o Sout hern Union’ s nat ural gas dist ribut ion businesses; new legislat ion and government regulat ions and proceedings involving or impact ing Sout hern Union; unant icipat ed environment al liabilit ies; abilit y t o compl y wit h or t o challenge successfully exist ing or new environment al regulat ions; changes in business st rat egy and t he success of new business vent ures, including t he risks t hat t he business acquired and any ot her business or invest ment t hat Sout hern Union has acquired or may acquire may not be successfully int egrat ed wit h t he business of Sout hern Union; exposure t o cust omer concent rat ion wit h a significant port ion of revenues realized from a relat ively small number of cust omers and any credit risks associat ed wit h t he financial posit ion of t hose cust omers; fact ors affect ing
- perat ions – such as maint enance or repairs, environment al incident s or gas pipeline syst em const raint s;
Sout hern Union’ s or any of it s subsidiaries’ debt securit y rat ings; t he economic climat e and growt h in t he energy indust ry and service t errit ories and compet it ive condit ions of energy market s in general; inflat ionary t rends; changes in gas or ot her energy market commodit y prices and int erest rat es; current market condit ions causing more cust omer cont ract s t o be of short er durat ion, which may increase revenue volat ilit y; t he possibilit y of war or t errorist at t acks; t he nat ure and impact of any ext raordinary t ransact ions, such as any acquisit ion or divest it ure of a business unit or any asset . Cont act : Sout hern Union Company Jack Walsh, 800-321-7423 j ack.walsh@ sug.com