NiSource Announces the Total Consideration for its Cash Tender Offers

NiSource Inc.

announced today the reference yield and total consideration for each series of notes subject to the previously announced cash tender offers of its finance subsidiary, NiSource Finance Corp.  NiSource Finance is offering to purchase any and all of its outstanding 10.75% Notes due 2016 and, if less than $250 million aggregate principal amount of 2016 Notes are validly tendered and accepted for purchase, an amount of its 6.15% Notes due 2013 equal to the difference between $250 million and the aggregate principal amount of 2016 Notes validly tendered and accepted for purchase.  As previously announced, approximately $125 million aggregate principal amount of 2016 Notes and approximately $228 million aggregate principal amount of 2013 Notes were validly tendered and not validly withdrawn before 5:00 p.m., New York City time, on November 22, 2011, according to information provided by Global Bondholder Services Corporation, the depositary for the tender offers.