EXHIBIT 99 April 3, 1996 Board of Directors IES Industries Inc. 200 First Street, S.E. P.O. Box 351 Cedar Rapids, Iowa 52406 Gentlemen: In light of the decision of the Board of Directors to reduce its size, I hereby tender my resignation, effective immediately, pursuant to section 3.10 of the Company's Bylaws. Sincerely, /s/ George Daly GGD/ks