Madison Gas and Electric Energy: Declares regular dividend

Contact: Stephen R Kraus
Manager – Media Relations
Madison Gas and Electric Co.
608-252-7907
Email Address: [email protected]

Madison, Wis., May 20, 2014—The board of directors of MGE Energy, Inc.
(Nasdaq: MGEE) today declared the regular quarterly dividend of $0.2717 per
share on the outstanding shares of the company’s common stock, payable June
15, 2014, to shareholders of record at the close of business June 1, 2014.

MGE Energy has increased its dividend annually for the past 38 years and
has paid cash dividends for more than 100 years.

About MGE Energy
MGE Energy is a public utility holding company. Its principal subsidiary,
Madison Gas and Electric (MGE), generates and distributes electricity to
141,000 customers in Dane County, Wis., and purchases and distributes
natural gas to 147,000 customers in seven south-central and western
Wisconsin counties. MGE’s roots in the Madison area date back more than 150
years.