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UBS Feb. 2006 Natural Gas & Electric Utilities Conference
Important Note to Investors:
Forward-Looking Statements
Statements in this presentation that are not historical facts, including statements regarding our estimates, beliefs,
expectations, intentions, strategies or projections, may be “forward-looking statements” as defined in the Private
Securities Litigation Reform Act of 1995. Forward-looking statements involve matters that are not historical facts and
because these statements involve anticipated events or conditions, forward-looking statements often include words such
as "anticipate," "assume," "can," "could," "estimate," "expect," "forecast," "indicate," "intend," "may," "plan," "predict,"
"project,” "future," "seek," "should," "target," "will," "would," or similar expressions. Our expectations are not guarantees
and are based on currently available competitive, financial and economic data along with our operating plans. While we
believe that our expectations are reasonable in view of the currently available information, our expectations are subject
to future events, risks and uncertainties, and there are several factors - many beyond our control - that could cause
results to differ significantly from our expectations. Such events, risks and uncertainties include, but are not limited to,
changes in price, supply and demand for natural gas and related products, impact of changes in state and federal
legislation and regulation, actions taken by government agencies on rates and other matters, concentration of credit risk,
utility and energy industry consolidation, impact of acquisitions and divestitures, direct or indirect effects on AGL
Resources' business, financial condition or liquidity resulting from a change in our credit ratings or the credit ratings of
our counterparties or competitors, interest rate fluctuations, financial market conditions and general economic
conditions, uncertainties about environmental issues and the related impact of such issues, impacts of changes in
weather upon the temperature-sensitive portions of the business, impacts of natural disaster such as hurricanes upon
the supply or price of gas, acts of war or terrorism, and other factors which can be found in our filings with the Securities
and Exchange Commission. Forward-looking statements are only as of the date they are made, and we do not
undertake any obligation to update these statements to reflect subsequent changes.
Management does not affirm or update earnings guidance during private and one-on-one meetings with investors, but
only updates or confirms earnings guidance through public disclosure and filing with the commission. Earnings guidance
is only effective as of the date it is given. The company further disclaims any duty to update its guidance.
