EXHIBIT 99-1
Vectren Corporation
                                                     P.O. Box 209 Evansville, IN
                                                     47702-0209
FOR IMMEDIATE RELEASE
March 2, 2005

Contact:  Media - Mike Roeder, (812) 491-4143 or mroeder@vectren.com
Investor Relations - Steve Schein, (812) 491-4209 or sschein@vectren.com

              Vectren's Gas Marketing Joint Venture Plans to Appeal
                        Unfavorable Alabama Court Result

Evansville, Ind. -- Vectren Corporation (NYSE: VVC) announced today that
ProLiance Energy LLC, a gas marketing firm based in Indianapolis and co-owned by
Vectren and Citizens Gas and Coke Utility, plans to appeal the verdict awarded
the gas utility department of the City of Huntsville, Alabama. An Alabama jury
awarded Huntsville Utilities $8.2 million in compensatory damages and $25
million in punitive damages in a civil suit concerning ProLiance's provision of
natural gas for the city utility in the winter of 2000 and 2001. Huntsville
Utilities claims that all or a portion of the compensatory damages may be
subject to trebling under applicable Federal statutes. Issues still pending
before the trial court also include efforts by ProLiance to reduce the amount of
the verdict. The court may issue its final rulings on the verdict by April or
May. Formal action by ProLiance to appeal the verdict is expected if the verdict
is not set aside by the court.

"ProLiance management believes there are reasonable grounds to set aside or
appeal the verdict and will vigorously pursue its appeal rights. While it is not
possible to predict the ultimate outcome, ProLiance has recorded a reserve of
$3.9 million, reflective of their assessment of the lower end of the range of
possible outcomes in the case and inclusive of estimated ongoing litigation
costs. In 2003, ProLiance had fully reserved for amounts due from Huntsville
Utilities for services rendered under the contract. We are confident that
ProLiance will continue its long track record as a leading natural gas service
provider," said Carl L. Chapman, chief operating officer of Vectren.

As an equity investor in ProLiance, Vectren reflected its share of the charge,
or $1.4 million after tax, in its 2004 results. The recording of this charge as
of December 31, 2004, reduced previously reported net income for both the three
and twelve months ended December 31, 2004 by $1.4 million and reported basic and
diluted earnings per share in both periods by $0.02. As a result, net income for
the three and twelve months ended December 31, 2004 is $40.1 million and $107.9
million, respectively. Earnings per share for the three and twelve month periods
ended December 31, 2004 is $0.53 and $1.43, respectively. The charge had no
effect on the previously reported results of Vectren Utility Holdings, Inc. The
Company filed its 2004 Form 10-K that contains further discussion of this item
with the Securities and Exchange Commission on March 2, 2005.

About Vectren
Vectren Corporation is an energy and applied technology holding company
headquartered in Evansville, Indiana. Vectren's energy delivery subsidiaries
provide gas and/or electricity to over one million customers in adjoining
service territories that cover nearly two-thirds of Indiana and west central
Ohio. Vectren's non-regulated subsidiaries and affiliates currently offer
energy-related products and services to customers throughout the midwest and
southeast. These include gas marketing and related services; coal production and
sales; and utility infrastructure services. To learn more about Vectren, visit
www.vectren.com.

About ProLiance
ProLiance Energy, LLC is a natural gas marketer headquartered in Indianapolis,
Indiana, with sales offices in Illinois, Kentucky, Michigan, Missouri, Ohio and
Texas. ProLiance serves natural gas customers in 18 states in the midwest and
southeast. ProLiance is jointly owned by affiliates of Citizens Gas and Coke
Utility and Vectren Corporation.

Safe Harbor for Forward Looking Statements
This document contains forward-looking statements, which are based on
management's beliefs and assumptions that derive from information currently
known by management. Vectren wishes to caution readers that actual results could
differ materially from those contained in this document. Additional detailed
information concerning a number of factors that could cause actual results to
differ materially from the information that is provided to you is readily
available in our report Form 10-K filed with the Securities and Exchange
Commission on March 2, 2005.