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Southwest Gas Declares Fourth Quarter Dividend

September 21, 2004 at 5:01 PM EDT
    LAS VEGAS, Sept. 21 /PRNewswire-FirstCall/ -- The Board of Directors for
Southwest Gas Corporation (NYSE: SWX) has declared the following fourth
quarter cash dividend:

    Common Stock
    Payable                                 December 1, 2004
    Of Record                              November 15, 2004
    Dividend                                 $.205 per share

The dividend equates to 82 cents per share on an annualized basis. The Company has paid quarterly dividends continuously since going public in 1956.

About Southwest Gas

Southwest Gas Corporation purchases, transports and distributes natural gas to more than 1.5 million residential, commercial, industrial and other customers in geographically diverse portions of Arizona, Nevada and California. Its service territories are centered in the fastest-growing region of the country. For more information about Southwest Gas, please visit: www.swgas.com

This press release may contain statements which constitute "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 (Reform Act). All such forward-looking statements are intended to be subject to the safe harbor protection provided by the Reform Act. A number of important factors affecting the business and financial results of the Company could cause actual results to differ materially from those stated in the forward-looking statements. These factors include, but are not limited to, the impact of weather variations on customer usage, customer growth rates, natural gas prices, the effects of regulation/deregulation, the timing and amount of rate relief, changes in gas procurement practices, changes in capital requirements and funding, the impact of conditions in the capital markets on financing costs, changes in construction expenditures and financing, acquisitions, and competition.

SOURCE  Southwest Gas
    -0-                             09/21/2004
    /CONTACT:  Media, Roger Buehrer, APR, +1-702-876-7132, or Shareholders,
Ken Kenny, +1-702-876-7237, both of Southwest Gas/
    /Web site:  http://www.swgas.com /
    (SWX)

CO:  Southwest Gas
ST:  Nevada
IN:  OIL
SU:  DIV

NT-IL 
-- LATU136 --
0519 09/21/2004 17:00 EDT http://www.prnewswire.com