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SCANA CORPORATION SELLS 1.3 MILLION SHARES OF COMMON STOCK

 COLUMBIA, S.C., July 27 /PRNewswire/ -- SCANA Corporation (NYSE: SCG) announced today that on July 26, 1993 the Company sold 1,300,000 shares of its common stock to a group of underwriters co- managed by PaineWebber Incorporated and The Robinson-Humphrey Company, Inc. The price to the Company, net of underwriting discounts and commissions, was $47.27 per share. The underwriters may purchase up to 195,000 additional shares to cover their over-allotments, if any.
 The underwriters plan to offer the shares to the public at an initial price of $48.50 per share. A copy of the Prospectus relating to these securities can be obtained from the underwriters.
 The net proceeds from the sale of the common stock will be used for the reduction of short-term debt incurred by the Company in connection with the acquisition of oil and gas producing properties by SCANA Petroleum Resources, Inc., a wholly-owned subsidiary of the Company, and for general corporate purposes.
 SCANA Corporation, headquartered in Columbia, SC, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses.
 -0- 7/27/93
 /CONTACT: H. John Winn, Manager-Investor Relations & Shareholder Services, SCANA Corporation, 803-748-3240/
 (SCG)


CO: SCANA Corporation ST: South Carolina IN: UTI SU: OFR

CM -- CH003 -- 6118 07/27/93 09:56 EDT
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Publication:PR Newswire
Date:Jul 27, 1993
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