Gas Natural Inc. Announces Pricing of Shelf Offering of 1.5M Common Shares

Gas Natural Inc. EGAS (the "Company"), a natural gas utility company serving approximately 73,000 customers in seven states, announced today the pricing of an underwritten public offering of 1,500,000 shares of its common stock at a price of $10.00 per share. The Company expects to use the net proceeds from this offering for capital expenditures, working capital and other general corporate purposes. The offering is expected to close on July 16, 2013 subject to customary closing conditions. The Company has granted the underwriter a 30-day option to purchase up to an additional 225,000 shares of common stock on the same terms and conditions to cover over-allotments, if any. Janney Montgomery Scott LLC will serve as sole book-running manager for the offering and BB&T Capital Markets and Wunderlich Securities will serve as co-managers. The offering will be made only by means of a prospectus supplement. A copy of the prospectus supplement related to the offering can be obtained when available by contacting Janney Montgomery Scott LLC, 60 State Street, Boston, MA 02109, Attention: Equity Syndicate Department or via email at prospectus@janney.com. A shelf registration statement relating to these securities has been filed with and declared effective by the U.S. Securities and Exchange Commission. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. About Gas Natural Inc. Gas Natural Inc. distributes and sells natural gas to end-use residential, commercial, and industrial customers. It distributes approximately 33 billion cubic feet of natural gas to approximately 69,000 customers through regulated utilities operating in Montana, Wyoming, Ohio, Pennsylvania, Maine, North Carolina and Kentucky. The Company's other operations include interstate pipeline, natural gas production, propane and natural gas marketing. The Company's Montana public utility was originally incorporated in 1909. Its strategy for growth is to expand throughput in the Maine and North Carolina markets while looking for acquisitions that are either adjacent to its existing utilities or in under saturated markets. The Company's toll-free number is 800-570-5688. Gas Natural Inc. regularly posts information on its website at www.ewst.com.