PGL Peoples Energy Corp

Peoples Energy (NYSE: PGL) will hold a conference call to discuss financial results for the third quarter of fiscal year 2006 on Friday, August 4 at 9:00 a.m. Central (10:00 a.m. Eastern). The conference call will be held after the release of the Company's third quarter results on August 4, before the market opens. -0- *T WHO: Peoples Energy WHAT: Earnings Conference Call WHEN: Friday, August 4 at 9:00 a.m. Central (10:00 a.m. Eastern) HOW: To listen to the webcast live or in replay visit the "Investors" section of the Peoples Energy website at www.PeoplesEnergy.com and select the "Live Webcast" icon on the Corporate Overview page. *T A replay of the call can also be accessed by dialing 1-888-203-1112, reference number 5805466. The telephone replay will be available approximately two hours after completion of the call through August 8, 2006. The webcast replay will be available through August 4, 2007. Peoples Energy, a member of the S&P 500, is a diversified energy company consisting of four primary business segments: Gas Distribution, Oil and Gas Production, Energy Assets and Energy Marketing. The Gas Distribution business serves about 1 million utility customers in Chicago and northeastern Illinois. Visit the Peoples Energy web site at www.PeoplesEnergy.com.