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Corporate Profile for MDU Resources, dated Nov. 13, 1998.


--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-

Published Date:   Nov. 14, 1998

Company Name:     MDU Resource Group

Address:          Schuchart Building
                  918 East Divide Avenue
                  P.O. Box 5650
                  Bismarck, ND 58506-5650

Main Telephone
 Number:          701-222-7900

Internet Home
 Page Address
  (URL):          www.mdures.com

Chief Executive
 Officer:         Martin A. White

Chief Financial
 Officer:         Warren L. Robinson


Investor Relations
 Contact:         Arlene Stillwell
 Business number: 701-222-7621
 Home number:     n/a
 e-mail address:  n/a

Public Relations
 Contact:         Cathi Christopherson
 Business number: 701-222-7959
 Home number:     n/a
 e-mail address:  n/a

Trading Symbol/
 Exchange:        NYSE & Pacific Stock Exchanges--"MDU"

Industry:         energy utility/mining

Market Makers:    economic growth, national oil and natural gas prices


Company description:

MDU (1) (Multiple Dwelling Unit) A commercial or residential building with multiple offices or apartments. See BLEC.

(2) (Multiply-Divide Unit) A high-speed circuit that performs multiplication and division within the CPU.
 Resources is a growing natural resources company comprised of electric generation, transmission and distribution operations along with natural gas distribution through Montana-Dakota Utilities Co., its public utility division, with operations in North Dakota North Dakota, state in the N central United States. It is bordered by Minnesota, across the Red River of the North (E), South Dakota (S), Montana (W), and the Canadian provinces of Saskatchewan and Manitoba (N). , South Dakota South Dakota (dəkō`tə), state in the N central United States. It is bordered by North Dakota (N), Minnesota and Iowa (E), Nebraska (S), and Wyoming and Montana (W). , Montana and Wyoming. WBI (WeB Intermediaries) A technology from IBM that provides a framework for intermediate processing between the user's browser and the Web server. WBI provides a middleware standard that can be used for password and privacy management, for transcoding from one format to  Holdings, Inc. provides natural gas transmission, storage and production in the same territory as the utility division plus provides energy marketing services throughout the Midwestern and central regions of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Oil and natural gas acquisition, exploration and production are accomplished through Fidelity Oil Group with operations throughout the United States, the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico
Golfo de Mexico

Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east
 and Canada. Knife River Corporation operates construction materials and mining units in Alaska, Hawaii, Oregon and California, along with coal mining operations in North Dakota and Montana. In addition, electric line construction and repair services are available through Utility Services Inc., which serves the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River
West

Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century
 and Hawaii.

Key statistics: (For the 12 months ended June 30, 1998) Operating revenues:

$692.3 million Net income: $ 43.3 million.

Common Stock price range (For the 9 months ended September 30, 1998) High: $28.8750 Low: $18.8333

In 1998, the company is celebrating its 50th anniversary of trading on 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.
.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 13, 1998
Words:346
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