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Southern Union Company Shareholder Withdraws Proxy Proposal

^{Published on 2011-04-22 04:45:55 - Market Wire}
 

HOUSTON--([ BUSINESS WIRE ])--Calvert Asset Management Company, Inc. has informed Southern Union Company (NYSE: SUG) that it has withdrawn its shareholder proposal that was included in the companya™s proxy materials requesting that the company prepare a sustainability report. Therefore, Calverta™s proposal will not be presented at the companya™s 2011 annual meeting of stockholders to be held on May 4, 2011. In conjunction with Calverta™s decision to withdraw its proposal, Southern Union has agreed to make and maintain certain public disclosures as to its sustainability practices in lieu of preparing a formal sustainability report.

About Southern Union Company

Southern Union Company, headquartered in Houston, is one of the nationa™s leading diversified natural gas companies, engaged primarily in the transportation, storage, gathering, processing and distribution of natural gas. The company owns and operates one of the nationa™s largest natural gas pipeline systems with more than 20,000 miles of gathering and transportation pipelines and one of North Americaa™s largest liquefied natural gas import terminals, along with serving more than half a million natural gas end-user customers in Missouri and Massachusetts. For further information, visit [ www.sug.com ].