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Moody's Upgrades The Ratings Of South Jersey Gas

South Jersey Industries (NYSE:SJI) announced that Moody’s Investor Service upgraded by one notch the senior secured and senior unsecured ratings of its subsidiary, South Jersey Gas, to A1 and A3, respectively. Moody’s stated that the ratings outlook was stable. SJG is a regulated utility providing natural gas service to over 354,000 residential, commercial and industrial customers in the seven southern counties of New Jersey.

To view Moody’s full news release on SJG’s upgrade, go to http://v3.moodys.com/page/viewresearchdoc.aspx?docid=PR_252963&WT.mc_id=

About South Jersey Industries

South Jersey Industries (NYSE: SJI), a member of the MSCI Global Climate Index, offers solutions to climate change and helps customers control energy costs. South Jersey Gas, one of the nation’s fastest growing natural gas utilities, delivers clean, efficient natural gas and promotes energy efficiency to customers in southern New Jersey. SJI’s non-regulated businesses, under South Jersey Energy Solutions, promote efficiency, clean technology and renewable energy by developing and operating on-site energy production facilities; acquiring and marketing natural gas and electricity for retail customers; providing wholesale commodity marketing and risk management services; and offering HVAC and other energy-efficiency related services. For more information about SJI and its subsidiaries, visit http://www.sjindustries.com. Find us on FaceBook at FaceBook.com/southjerseyindustries and on Twitter @sjindustries.



Copyright Business Wire 2010

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