UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
Filed pursuant to Section 13 or 15(d) of the Securities Exchange Act
of 1934 and Rule 13a-17 or 15d-17 thereunder
MADISON GAS AND ELECTRIC COMPANY
(Exact name of issuer as specified in charter)
133 South Blount Street, Post Office Box 1231, Madison, WI 53701-1231
(Address of principal executive offices)
(608) 252-7292
(Issuer's telephone number including area code)
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number of
shares outstanding:
1. Title of security: Common Stock, $8 par value
2. Number of shares outstanding before the change: 10,719,812
3. Number of shares outstanding after the change: 16,079,718
4. Effective date of change: February 20, 1996
5. Method of change: Stock split
Give brief description of transaction: 3-for-2 stock split in the form
of a stock dividend to shareholders of record at the close of business
on February 1, 1996.
II. CHANGE IN NAME OF ISSUER
1. Name prior to change: NA
2. Name after change: NA
3. Effective date of charter amendment changing name: NA
4. Date of shareholder approval of change, if required: NA
Date: February 26, 1996 /s/ Gary J. Wolter
Name: Gary J. Wolter
Title: Senior Vice President-
Administration and Secretary