Date: Thu, 18 Dec 1997 21:25:28 GMT Server: Apache/1.2.0 Last-Modified: Tue, 25 Feb 1997 16:02:21 GMT ETag: "f83aa2-284f-33130d0d" Content-Length: 10319 Accept-Ranges: bytes Connection: close Content-Type: text/html Shareholders' Information


Common Stock Transfer Agent and Registrar
Shareholder Inquiries
Investor Contacts
Stock Exchange
Form 10-K
Quarterly Reports
Stock Prices and Dividends
Number of Shareholders
Electronic Deposit of Dividends
Dividend Reinvestment Plan
Annual Meeting



Common Stock Transfer Agent and Registrar
General Correspondence:
First Chicago Trust
Company of New York
P.O. Box 2500
Jersey City, NJ 07303-2500
(800) 446-2617
(201) 222-4955 (TDD for hearing impaired)

Stock Transfers:
First Chicago Trust
Company of New York
P.O. Box 2506
Jersey City, NJ 07303-2506

Optional Cash Payments for Dividend Reinvestment Plan:
First Chicago Trust
Company of New York
P.O. Box 13531
Newark, NJ 07188-0001

The company's transfer agent is responsible for our shareholder records, address changes, issuance of stock certificates, dividend reinvestment plan, and distribution of dividend payments and IRS Form 1099s. Requests and inquiries concerning these matters are most efficiently answered by contacting First Chicago.

Shareholder Inquiries
Send to:
Shareholder Relations
Indiana Energy, Inc.
1630 North Meridian Street
Indianapolis, IN 46202-1496
or call:
Mary Kay Lindop on the Shareholder Information Line
(800) 777-3389

Investor Contacts
Jeffery W. Whiteside
Director of Investor Relations
(317) 321-0588

Niel C. Ellerbrook
Executive Vice President, Treasurer
and Chief Financial Officer
(317) 321-0510

Stock Exchange
Common stock is listed on
the New York Stock Exchange.
Trading Symbol: IEI
Newspaper Listings: IndiEn or IndiEngy

Form 10-K
Form 10-K, filed annually in December with the Securities and Exchange Commission, is available without charge by writing to Shareholder Relations.

Quarterly Reports
The company has discontinued the mailing of all quarterly reports to shareholders who have their shares registered in the name of a bank, broker or nominee. If your account is in this category but you wish to receive quarterly reports in the future, call the Shareholder Information Line at (800) 777-3389.

Stock Prices and Dividends
Cash dividends on common stock are considered quarterly by the board of directors and historically have been paid on March 1, June 1, September 1 and December 1 of each year.

The ranges of high and low sales prices reported in the New York Stock Exchange composite tape and dividends paid on these shares for fiscal 1995 and 1996 are shown in the following table:

Fiscal Year 1995 High Low Dividend

First Quarter $21 7/8 $171/2 261/2¢
Second Quarter $20 5/8 $17 3/4 26 1/2¢
Third Quarter $20 3/4 $17 5/8 26 1/2¢
Fourth Quarter $22 $18 1/2 27 1/2¢
Fiscal Year 1996 High Low Dividend

First Quarter $24 1/8 $21 27 1/2¢
Second Quarter $26 5/8 $23 1/2 27 1/2¢
Third Quarter $29 3/8 $22 7/8 27 1/2¢
Fourth Quarter $28 1/8 $23 7/8 28 1/2¢
Shareholders
At the end of fiscal 1996, there were 10,246 individual and institutional investors who were shareholders of record.

Electronic Deposit of Dividends
Electronic Deposit is a convenient way to have your dividend payments credited to your bank account on the payment date. This eliminates the possibility of lost, stolen or mail-delayed checks. Contact First Chicago for details and an authorization form.

Dividend Reinvestment Plan
The company's Automatic Dividend Reinvestment and Stock Purchase Plan provides shareholders whose stock certificates are registered in their name with an economical and convenient method of purchasing additional shares of the company's stock without having to pay brokerage commissions or service charges. Initial purchases must be made through a brokerage firm.

Highlights of the Plan include:

  • full or partial dividend reinvestment;
  • cash contributions of as little as $25 to a maximum of $50,000 in a calendar year;
  • investment of cash contributions are made on the first of each month;
  • "safekeeping" that allows shareholders to have First Chicago hold their certificates; and
  • automated toll-free sales request line using a touch-tone phone.

A prospectus and enrollment card are automatically mailed to all new shareholders of record after their certificate is issued. This material may also be obtained by writing or calling the transfer agent or Shareholder Relations.

Annual Meeting
The annual meeting of shareholders will be at the corporate offices of the company on January 22, 1997, at 10:30 a.m. (EST).

© 1996 Indiana Energy, Inc.
www.indiana-energy.com