Gas Natural Inc. Announces Exercise and Closing of Over-Allotment Option for Recent Common Stock Offering

Gas Natural Inc. (NYSE MKT: EGAS) (the "Company"), a natural gas utility company serving approximately 73,000 customers in seven states, announced that the underwriters of the recent public offering of its common stock have fully exercised their over-allotment option and have purchased an additional 225,000 shares from the Company at a price of $10.00 per share. The Company expects to use the net proceeds resulting from the sale of these shares for capital expenditures, working capital and other general corporate purposes. The over-allotment option was granted by the Company in conjunction with the underwritten public offering completed on July 16, 2013. Janney Montgomery Scott LLC served as sole book-running manager for the offering and BB&T Capital Markets and Wunderlich Securities served as co-managers. A copy of the prospectus supplement related to the offering can be obtained 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. 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.
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