Exhibit 99-2
Cautionary Statement for Purposes of the "Safe Harbor"
Provisions of the Private Securities Litigation Reform Act of
1995.
A "safe harbor" for forwarding-looking statements is provided by
the Private Securities Litigation Reform Act of 1995 (Reform Act
of 1995). The Reform Act of 1995 was adopted to encourage such
forward-looking statements without the threat of litigation,
provided those statements are identified as forward-looking and
are accompanied by meaningful cautionary statements identifying
important factors that could cause the actual results to differ
materially from those projected in the statement. Forwardlooking
statements have been and will be made in written documents and
oral presentations of Vectren Corporation and its subsidiaries.
Such statements are based on management's beliefs, as well as
assumptions made by and information currently available to
management. When used in Vectren Corporation and its
subsidiaries' documents or oral presentations, the words
"believe," "anticipate," "endeavor," "estimate," "expect,"
"objective," "projection,"
"forecast," "goal," and similar expressions are intended to
identify forward-looking statements. In addition to any
assumptions and other factors referred to specifically in
connection with such forward-looking statements, factors that
could cause Vectren Corporation and its subsidiaries' actual
results to differ materially from those contemplated in any
forward-looking statements included, among others, the following:
Factors affecting utility operations such as unusual weather
conditions; catastrophic weather-related damage; unusual
maintenance or repairs; unanticipated changes to fossil fuel
costs; unanticipated changes to gas supply costs, or availability
due to higher demand, shortages, transportation problems or other
developments; environmental or pipeline incidents; transmission
or distribution incidents; unanticipated changes to electric
energy supply costs, or availability due to demand, shortages,
transmission problems or other developments; or electric
transmission or gas pipeline system constraints.
Increased competition in the energy environment including effects
of industry restructuring and unbundling.
Regulatory factors such as unanticipated changes in ratesetting
policies or procedures, recovery of investments and costs made
under traditional regulation, and the frequency and timing of
rate increases.
Financial or regulatory accounting principles or policies imposed
by the Financial Accounting Standards Board, the Securities and
Exchange Commission (Commission), the Federal Energy Regulatory
Commission, state public utility commissions, state entities
which regulate natural gas transmission, gathering and
processing, and similar entities with regulatory oversight.
Economic conditions including inflation rates and monetary
fluctuations.
Changing market conditions and a variety of other factors
associated with physical energy and financial trading activities
including, but not limited to, price, basis, credit, liquidity,
volatility, capacity, interest rate, and warranty risks.
Availability or cost of capital, resulting from changes in
Vectren Corporation and its subsidiaries, interest rates, and
securities ratings or market perceptions of the utility industry
and energy-related industries.
Employee workforce factors including changes in key executives,
collective bargaining agreements with union employees, or work
stoppages.
Legal and regulatory delays and other obstacles associated with
mergers, acquisitions, and investments in joint ventures.
Costs and other effects of legal and administrative proceedings,
settlements, investigations, claims, and other matters,
including, but not limited to, those described in periodic
filings made with the Commission by Vectren Corporation and its
subsidiaries, Indiana Gas Company, Inc. and Southern Indiana Gas
and Electric Company.
Changes in federal, state or local legislature requirements, such
as changes in tax laws or rates, environmental laws and
regulations.
Vectren Corporation and its subsidiaries undertake no obligation
to publicly update or revise any forward-looking statements,
whether as a result of changes in actual results, changes in
assumptions, other factors affecting such statements.
