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 CONTACT: STEPHEN CLARK x4260
JANUARY 24, 2003

SJI DECLARES QUARTERLY DIVIDEND

        FOLSOM, N.J. -- South Jersey Industries (NYSE:SJI) today declared its regular dividend of $0.385 for the first quarter of 2003. The dividend is payable April 2, 2003 to shareholders of record at the close of business March 10, 2003. This is SJI’s 52nd consecutive year of paying dividends, reflecting the company’s commitment to consistent, sustainable growth.

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

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