PORT HURON, Mich., June 2 /PRNewswire/ -- The Board of Directors of SEMCO
ENERGY GAS COMPANY (OTC Bulletin Board: SHMGO, SHMGP), a subsidiary of SEMCO
ENERGY, Inc. (Nasdaq: SMGS), has declared dividends on the outstanding stock
of the Corporation as follows:
Quarterly dividend No. 167 of $1.50 per share on the outstanding 6 percent
Cumulative Preferred Stock, Series A;
Quarterly dividend No. 147 of $1.375 per share on the outstanding 5-1/2
percent Cumulative Preferred Stock, Series B;
Quarterly dividend No. 138 of $1.375 per share on the outstanding 5-1/2
percent Cumulative Preferred Stock, Series C; and
Quarterly dividend No. 133 of $1.375 per share on the outstanding 5-1/2
percent Cumulative Preferred Stock, Series D.
All such quarterly dividends are payable on the 1st day of July 1999, to
Preferred stockholders of record at the close of business on June 18, 1999.
SEMCO ENERGY GAS COMPANY distributes regulated natural gas to more than
250,000 customers in Michigan. It is one of two subsidiaries of SEMCO ENERGY,
Inc. The diversified energy services and infrastructure company also owns
SEMCO ENERGY VENTURES, which acquires and operates companies involved in gas
engineering and quality assurance services, pipeline construction services,
propane distribution, intrastate pipelines and natural gas storage.
SOURCE SEMCO ENERGY GAS COMPANY
CONTACT: Media: Francis R. Lieder, Jr., 810-987-2200, ext. 4186, or fax, 810-989-4098, or Analysts: Edric R. Mason, Jr., 810-989-4104, or fax, 810-989-4098, both of SEMCO