Nicor Declares Dividend

2008-07-24 23:00:03 -

- The Board of Directors of Nicor Inc. (NYSE: GAS) declared a quarterly common stock dividend of 46.5 cents per share, payable November 1, 2008, to stockholders of record on September 30, 2008. This payment continues the annual rate of $1.86 per share and represents the 219th consecutive quarterly dividend payment by the company. Dividends for preferred stock also declared payable November 1, 2008 include: -0- 4.48% preferred $.56 5.00% convertible preferred $.625

Nicor Inc. (NYSE: GAS) is a holding company and is a member of the Standard & Poor's 500 Index. Its primary business is Nicor Gas, one of the nation's largest natural gas distribution companies. Nicor owns Tropical Shipping, a containerized shipping business serving the Caribbean region and the Bahamas. In addition, the company owns and has an equity interest in several energy-related businesses. For more information, visit the Nicor Web site at www.nicor.com.

Nicor Inc.
Mark Knox, re: N-999
630-388-2529