New Jersey Resources Board of Directors Declares Dividend

The board of directors of New Jersey Resources (NJR) has unanimously declared a quarterly dividend on its common stock of $.36 per share. The dividend will be payable on October 3, 2011, to shareowners of record on September 15, 2011.

“These dividends are a testament to the dedication, leadership and experience of our employees,” said Laurence M. Downes, chairman and CEO of New Jersey Resources. “Our performance and strong financial profile provide us with the opportunity to once again reward our shareowners with a quarterly dividend as we have done continuously since 1952.”

About New Jersey Resources

New Jersey Resources, a Fortune 1000 company, provides safe and reliable natural gas and renewable energy services, including transportation, distribution and asset management in states from the Gulf Coast to the New England regions, including the Mid-Continent region, the West Coast and Canada, while investing in and maintaining an extensive infrastructure to support future growth. With over $2.5 billion in annual revenues, NJR safely and reliably operates and maintains 6,800 miles of natural gas transportation and distribution infrastructure to serve nearly half a million customers; develops and manages a diverse portfolio of 1.6 Bcf/day of transportation capacity and over 50 Bcf of storage capacity; offers low carbon solutions, clean energy through its commercial and residential solar programs and provides appliance installation, repair and contract service to nearly 150,000 homes and businesses. Additionally, NJR holds investments in midstream assets through equity partnerships including Steckman Ridge and Iroquois. Through Conserve to Preserve®, NJR is helping customers save energy and money by promoting conservation and encouraging efficiency. For more information about NJR, visit www.njliving.com.

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