Madison Gas and Electric declares regular dividend

MADISON, Wis. Feb. 22, 2002 (BUSINESS WIRE) The board of directors of Madison Gas and Electric Co. (Nasdaq: MDSN) today declared the regular quarterly dividend of 33.33 cents per share on the outstanding shares of the company’s common stock, payable March 15, 2002, to shareholders of record at the close of business March 1, 2002.

MGE has increased dividends annually for the past 22 years and has paid cash dividends each year since 1909.

MGE is a public utility that generates and distributes electricity to 128,000 customers in Dane County. The company also transports and distributes natural gas to 121,000 customers in seven south-central and western Wisconsin counties. MGE has served the Madison area since 1896.

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