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2008 News Releases

Railroad Commission of Texas Issues Order on Atmos Energy’s
Mid-Tex Division Rate Case

Order Affects Approximately 20% of Mid-Tex Division Customers

DALLAS, Texas – June 25, 2008 – Atmos Energy Corporation (NYSE: ATO) today announced that an order has been issued by the Railroad Commission of Texas (RRC) applicable to about 20 percent of the customers served by the company’s Mid-Tex Division. The remaining 80 percent of the customers, which are represented by 438 of the 439 incorporated cities served by the Mid-Tex Division, had already reached a settlement with the company on its rate case originally filed in September 2007. The customers affected by this order will see an annual rate increase of about $2.7 million, or approximately 65 cents per month for the average residential customer.

Additional findings of the RRC order include:

• Authorized return on equity of 10 percent
• Approved capital structure of 52 percent debt/48 percent equity
• Recovery of bad debt gas cost through a Gas Cost Recovery (GCR) mechanism
• Approval of a conservation and energy efficiency tariff

A copy of the RRC order may be found on the company’s website at www.atmosenergy.com.

Click here for RRC Order

Forward-Looking Statements

The matters discussed in this news release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact included in this news release are forward-looking statements made in good faith by the company and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. When used in this news release or in any of the company’s other documents or oral presentations, the words “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “objective,” “plan,” “projection,” “seek,” “strategy” or similar words are intended to identify forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those discussed in this news release, including the risks and uncertainties relating to regulatory trends and decisions, the company’s ability to continue to access the capital markets and the other factors discussed in the company’s SEC filings. These factors include the risks and uncertainties discussed in the company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2007, and in the company’s Quarterly Report on Form 10-Q for the three and six months ended March 31, 2008. Although the company believes these forward-looking statements to be reasonable, there can be no assurance that they will approximate actual experience or that the expectations derived from them will be realized. The company undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise.

About Atmos Energy

Atmos Energy Corporation, headquartered in Dallas, is the country's largest natural-gas-only distributor, serving about 3.2 million natural gas distribution customers in more than 1,600 communities in 12 states from the Blue Ridge Mountains in the East to the Rocky Mountains in the West. Atmos Energy also provides natural gas marketing and procurement services to industrial, commercial and municipal customers primarily in the Midwest and Southeast and manages company-owned natural gas pipeline and storage assets, including one of the largest intrastate natural gas pipeline systems in Texas. Atmos Energy is a Fortune 500 company. For more information, visit www.atmosenergy.com.

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