AGL Resources Appoints PricewaterhouseCoopers LLP as Independent Auditor.Business Editors ATLANTA--(BUSINESS WIRE)--March 10, 2003 AGL Resources Inc. (NYSE NYSE See: New York Stock Exchange : ATG ATG antithymocyte globulin. lymphocyte immune globulin (antithymocyte globulin equine, ATG, ATG equine, LIG) Atgam Pharmacologic class: Immunoglobulin Therapeutic class: Immunosuppressant ) today announced that the Audit Committee of the company's Board of Directors has appointed PricewaterhouseCoopers LLP LLP - Lower Layer Protocol as the company's independent auditor. PricewaterhouseCoopers will replace Deloitte & Touche LLP. The appointment of PricewaterhouseCoopers was approved by the Audit Committee of the Board of Directors as part of a periodic evaluation process. As a result of the Sarbanes-Oxley Act of 2002 and related regulations adopted and proposed by the Securities and Exchange Commission and the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , audit committees of public companies are now formally charged with the responsibility of evaluating, retaining and discharging a company's independent auditors. The decision to change auditors is not the result of any disagreement between AGL Resources and Deloitte & Touche on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure. The decision will be effective for the company's financial statements for the year ending December 31, 2003. AGL Resources Inc. is an Atlanta-based energy services holding company. Nearly two million natural gas customers are served through subsidiaries Atlanta Gas Light Atlanta Gas Light Company (AGLC), commonly known as Atlanta Gas Light, is the largest natural gas wholesaler in the Southeast U.S., and is the AGL in AGL Resources. It was founded in 1856 and is headquartered in Atlanta, as is AGL Resources. Company, Virginia Natural Gas and Chattanooga Gas Company. Houston-based subsidiary Sequent Energy Management provides asset management and producer services, including the wholesale marketing, gathering and transportation of natural gas. As a member of the SouthStar partnership, AGL Resources markets natural gas to consumers in Georgia under the Georgia Natural Gas brand. AGL (programming) AGL - (Atelier de Genie Logiciel) French for IPSE. Networks, the company's telecommunications subsidiary, owns and operates fiber optic networks in Atlanta and Phoenix. For more information, visit www.aglresources.com. |
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