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ARCADIAN PARTNERS, L.P. REPORTS TENTATIVE SETTLEMENT OF NATURAL GAS LITIGATION

 MEMPHIS, Tenn., Nov. 3 /PRNewswire/ -- Arcadian Partners, L.P. (NYSE: UAN), reported that it has reached a tentative settlement with Southern Natural Gas Company regarding various regulatory and legal proceedings relative to the transportation of natural gas to Arcadian's plant in Augusta, Ga. Under the terms of the settlement, Southern will transport natural gas directly to the Augusta plant, and Arcadian will withdraw its pending antitrust lawsuit against Southern and Atlanta Gas Light Company (NYSE: ATG). The settlement is subject to the execution of definitive agreements and the satisfaction of various conditions and is expected to be implemented in the near future.
 Doug Campbell, president and chief executive officer of Arcadian Corporation, stated: "We are pleased to have reached a settlement with Southern that will permit Arcadian to continue to effectively manage its gas transportation costs by obtaining Southern's agreement to provide a direct transportation service. The settlement also will enable us to avoid the costs and uncertainties associated with the antitrust lawsuit and related litigation and to establish a beneficial, long-term commercial relationship with Southern."
 Arcadian Partners, L.P. is a leading United States producer and worldwide marketer of nitrogen-based fertilizers and related products. Arcadian Corporation is the general partner of Arcadian Partners, L.P.
 -0- 11/3/93
 /CONTACT: Deborah A. Howard, manager of Investor Relations, of Arcadian Partners, 901-758-5339/
 (UAN ATG)


CO: Arcadian Partners, L.P.; Southern Natural Gas Company;
 Atlanta Gas Light Company ST: Tennessee, Georgia IN: AGR CHM ENV SU:


MM -- CH002 -- 0346 11/03/93 17:18 EST
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Publication:PR Newswire
Date:Nov 3, 1993
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