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UGI Names Stoyko Vice President of Penn Natural Gas

24 Sep 2007

Reading, PA (September 24, 2007) – Robert R. Stoyko has been promoted to the newly created position of Vice President – Northern Region, David W. Trego, President and CEO – UGI Utilities, Inc., announced today.

Effective October 1, Stoyko – vice president of UGI’s Electric Division – will serve in the additional capacity of vice president of UGI Penn Natural Gas (UGI PNG) and oversee operations for both businesses.

Vincent Bonaddio will be retiring in the near future and has relinquished his duties as UGI PNG vice president of operations. Bonaddio has agreed to accept the post of Special Assistant, reporting to Trego, during this transitional period.

“Vince has done a tremendous job facilitating the integration of Penn Natural Gas into the UGI culture and family,’’ Trego said. “I am very happy that he will continue these efforts in his new position. I also am confident that Bob will carry on the outstanding leadership of PNG and further assist us in making the ongoing transition smooth and productive.’’

Added Stoyko: “Our primary objective remains providing high quality service and excellent value to customers. We hope to further increase stakeholder value through activities that enhance service reliability and meet the natural gas needs of our expanding customer base.”

A 24-year UGI veteran, Stoyko has served as vice president of the Company’s Electric Division since 2004. He also has held numerous supervisory and managerial positions in marketing, customer relations and customer accounting services throughout UGI’s natural gas division, which has headquarters in Reading.

Bonaddio has nearly 38 years of experience in the utility (natural gas, electricity, water) industry and has served as President of the former PEI Power Corporation, Vice President – Operations and Engineering – of the former PG Energy and Pennsylvania Gas & Water Company, and in numerous managerial and supervisory posts.

UGI PNG has headquarters in Wilkes-Barre and serves 158,000 customers in 13 northeastern Pennsylvania counties. UGI acquired Penn Natural Gas – the former PG Energy – from Southern Union Company in August 2006. UGI’s Electric Operations business has headquarters near Wilkes-Barre and serves approximately 62,000 customers in Wyoming and Luzerne counties.