- ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K/A Amendment No. 1 [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 1998 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-9776 NIPSCO Industries, Inc. (Exact name of registrant as specified in its charter) Indiana 35-1719974 (State or other jurisdiction of (I.R.S. Employer Identification No.) incorporation or organization) 801 East 86th Avenue 46410 Merrillville, Indiana (Zip Code) (Address of principal executive offices) Registrant's telephone number, including area code 219-853-5200 Securities registered pursuant to Section 12(b) of the Act: Name of each exchange Title of each class on which registered ------------------- --------------------- Common Shares New York, Chicago and Pacific Preferred Share Purchase Rights New York, Chicago and Pacific Obligations Pursuant to Support New York Agreements with NIPSCO Capital Markets, Inc. Corporate Premium Income Equity Securities New York Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months, and (2) has been subject to such filing requirements for the past 90 days. Yes X No ---- ---- Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K/A or any amendment to this Form 10-K/A. As of February 26, 1999, 117,565,614 Common Shares (not including 30,218,604 Common Shares held in treasury), were outstanding. The aggregate market value of the Common Shares (based upon the February 26, 1999 closing price of $25.938 on the New York Stock Exchange) held by nonaffiliates was approximately $3,023,748,754.88. This information reflects the two-for-one stock split which was paid February 20, 1998, to shareholders of record at the close of business on January 30, 1998. DOCUMENTS INCORPORATED BY REFERENCE Portions of the NIPSCO Industries, Inc. 1998 Annual Report to Shareholders are incorporated by reference into Parts I, II and IV of this report. Portions of the Notice of Annual Meeting and Proxy Statement dated March 15, 1999 for the Annual Meeting to be held April 14, 1999 are incorporated by reference into Part III of this report. - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- The Registrant is filing this Form 10-K/A (Amendment No. 1) for the sole purpose of amending Exhibit 23 to its Annual Report on Form 10-K for the fiscal year ended December 31, 1998. The amended Exhibit 23 includes additional Registration Statements on Form S-8 into which the consent of independent public accountants will be incorporated and omits certain Registration Statements on Form S-4 and Form S-3 from such consent. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this amendment to be signed on its behalf by the undersigned, hereunto duly authorized. NIPSCO INDUSTRIES, INC. (Registrant) Date March 30, 1999 By /s/ Stephen P. Adik _________________________________ __________________________________ Stephen P. Adik, Its Senior Executive Vice President,Chief Financial Officer and Treasurer