NiSource Elects Sigmund L. Cornelius to Board of Directors

The NiSource Inc. NI Board of Directors has elected former ConocoPhillips executive Sigmund L. Cornelius to become a member of the NiSource board, effective July 26, 2011. Cornelius, 56, retired in January 2011 from ConocoPhillips, where he was senior vice president, finance, and chief financial officer from 2008 to 2010. Prior to that, he served as senior vice president, planning, strategy and corporate affairs from 2007 to 2008, having previously served as president, exploration and production-lower 48 from 2006 to 2007 and president, global gas from 2004 to 2006. Cornelius joined ConocoPhillips predecessor Conoco Inc. in 1980. He also serves on the boards of directors of the Parallel Energy Trust, USEC and Carbo Ceramics Inc. "We are very pleased to welcome Sig to the NiSource board of directors," Ian M. Rolland, chairman of the NiSource board of directors, said. "Our board is comprised of an experienced, engaged and diverse group of individuals, and I am confident Sig's addition will help us build on that strength. In particular, as NiSource executes on its long-term, investment-driven growth strategy, I believe we will benefit from Sig's extensive experience at a large, diversified energy company."