NiSource Names Two New Director Candidates

Candris, Taylor Bring Senior Leadership, Operational Experience

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Apr 05, 2012, 04:30 ET

MERRILLVILLE, Ind., April 5, 2012 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced its director nominees for election to the company's Board of Directors for 2012-13. The candidates include two new candidates not currently serving on the Board, Aristides S. Candris and Teresa A. Taylor.

Candris is a Senior Advisor at Westinghouse Electric Company, where he served as President and Chief Executive Officer until his retirement on March 31, 2012.

Taylor served as Chief Operating Officer of Qwest Communications, Inc., until April 2011. Her previous roles with Qwest included Executive Vice President, Business Markets Group and Executive Vice President and Chief Administrative Officer. Taylor also is a director of First Interstate BankSystem, Inc.

"Aris and Teresa bring exceptional operational and leadership experience to our Board," Board Chairman Ian M. Rolland noted. "Together they will help us build on the existing strength of our current directors and will provide additional guidance as NiSource continues building sustainable shareholder value by executing on its infrastructure investment-driven growth strategy."

2012-13 Director Candidates
Ian M. Rolland, Chairman
Richard A. Abdoo
Aristides S. Candris
Sigmund L. Cornelius
Michael E. Jesanis
Marty R. Kittrell
W. Lee Nutter
Deborah S. Parker
Robert C. Skaggs, Jr., President and CEO*
Teresa A. Taylor
Richard L. Thompson
Carolyn Y. Woo
* With the exception of Robert C. Skaggs, Jr., all nominees are independent.

As part of NiSource's commitment to contemporary governance practices, shareholders elect members of the NiSource Board of Directors for one year terms at the company's annual shareholders meeting.

NiSource's annual shareholders meeting will take place on Tuesday, May 15, 2012, at 10:00 a.m. CT in Rosemont, Ill. Additional details about the meeting can be found in the company's 2011 Annual Report and Proxy Statement. Additional information about NiSource's Board of Directors and the company's corporate governance practices is available at www.nisource.com.

About NiSource
NiSource Inc., based in Merrillville, Ind., is a Fortune 500 company engaged in natural gas transmission, storage and distribution, as well as electric generation, transmission and distribution. NiSource operating companies deliver energy to 3.8 million customers located within the high-demand energy corridor stretching from the Gulf Coast through the Midwest to New England. Information about NiSource and its subsidiaries is available via the Internet at www.nisource.com. NI-F

Forward Looking Statements
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Those statements include statements regarding the intent, belief or current expectations of NiSource and its management. Although NiSource believes that its expectations are based on reasonable assumptions, it can give no assurance that its goals will be achieved. Readers are cautioned that the forward-looking statements in this release are not guarantees of future performance and involve a number of risks and uncertainties, and that actual results could differ materially from those indicated by such forward-looking statements. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, the matters set forth in the "Risk Factors" Section and the Note regarding forward-looking statements in NiSource's 2011 Form 10-K, many of which are risks beyond the control of NiSource. NiSource expressly disclaims a duty to update any of the forward-looking statements contained in this release.

SOURCE NiSource Inc.