South Jersey Industries, Inc.

NEWS RELEASE
1 South Jersey Plaza, Folsom, New Jersey 08037
Tel. (609) 561-9000 Fax (609) 561-8225 TDD ONLY 1-800-547-9085

FOR IMMEDIATE RELEASE

PHONE: (609) 561-9000
MEDIA CONTACT: JOANNE BRIGANDI x4240
INVESTOR RELATIONS CONTACT: STEPHEN CLARK x4260

JANUARY 19, 2002

SJI Raises Dividend

        FOLSOM, N.J. -- South Jersey Industries (NYSE: SJI) announced today that its board of directors increased its regular quarterly dividend from $0.37 to $0.375 per share. The annual dividend therefore increases $0.02 per share to $1.50 annually. The increase reflects SJI’s commitment to consistent, sustainable dividend growth. The dividend is payable April 2, 2002 to shareholders of record at the close of business March 11, 2002. This is SJI’s 51st consecutive year of paying dividends in either cash or stock and the third consecutive year of increasing the dividend.

        South Jersey Industries is an energy services holding company for South Jersey Gas, South Jersey Energy, South Jersey Resources Group and Marina Energy. Visit www.sjindustries.com for more information about SJI and its subsidiaries.

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