National Fuel Declares Quarterly Dividend



    WILLIAMSVILLE, N.Y., December 6 /CNW/ - National Fuel Gas Company's
(NYSE:  NFG) Board of Directors today approved payment of a regular quarterly
dividend of 31 cents per share on the Company's common stock. The dividend is
payable January 15, 2008 to shareholders of record on December 31, 2007.

    National Fuel has paid dividends for 105 consecutive years and has
increased its annual dividend for 37 consecutive years. In June 2007, the
dividend was increased by 3.3 percent.

    The company has approximately 83.5 million shares of common stock
outstanding. It has no preferred stock outstanding.

    National Fuel is an integrated energy company with $3.9 billion in assets
comprising five operating segments: Utility, Pipeline and Storage, Exploration
and Production, Energy Marketing, and Timber. Additional information about
National Fuel is available at http://www.nationalfuelgas.com or through its
investor information service at 1-800-334-2188.




For further information:

For further information: National Fuel Gas Company Media: Julie Coppola
Cox, 716-857-7079 or Analyst: James C. Welch, 716-857-6987

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NATIONAL FUEL GAS COMPANY

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