National Fuel Gas Company

National Fuel Gas Company is listed on NYSE (NFG). National Fuel Gas Company (the Registrant) is a holding company organized under the laws of the State of New Jersey. Incorporated in 1902, the Registrant registered in 1935 as a holding company under the Public Utility Holding Company Act of 1935, as amended (the Holding Company Act). Except as otherwise indicated below, the Registrant owns all of the outstanding securities of its subsidiaries. Reference to the Company in this report means the Registrant, the Registrant and its subsidiaries or the Registrant's subsidiaries as appropriate in the context of the disclosure. Also, all references to a certain year in this report relate to the Company's fiscal year ended September 30 of that year unless otherwise noted. The Company is a diversified energy company consisting of five reportable business segments. 1. The Utility segment operations are carried out by National Fuel Gas Distribution Corporation (Distribution Corporation), a New York corporation.

National Grid Transco PLC

National Grid Transco PLC is listed on NYSE (NGG). On 1 June 2005, we completed the sales of four of our UK gas distribution networks. The North of England distribution network was sold to a consortium led by Cheung Kong Infrastructure Holdings Limited and including United Utilities PLC for a cash consideration of 1.4 billion; the Wales and the West distribution network was sold to a consortium led by the Macquarie European Infrastructure Fund (a wholesale fund managed by a member of the Maquarie Bank Group), for a cash consideration of 1.2 billion; and the South of England and Scotland distribution networks were both sold to a consortium comprising Scottish and Southern Energy plc, Borealis Infrastructure Management Inc and Ontario Teachers Pension Plan for a cash consideration of 3.2 billion. We will retain the West Midlands, London, East of England and North West networks and will continue to have the largest gas distribution business in the UK.

Orleans Homebuilders Inc. ..imarily develop, build and market high-quality single-family homes, townhouses and condominiums. The Company also operates as a land developer, primar..

Odyssey Marine Exploration Inc. .. archaeologically sensitive exploration and recovery of deep-water shipwrecks throughout the world. We employ advanced state-of-the-art technology, in..

Overseas Shipholding Group Inc. ..he worlds leading independent bulk shipping companies engaged primarily in the ocean transportation of crude oil and petroleum products. As of Decembe..

Pemco Aviation Group Inc. ..pace and defense company composed of three operating segments: Government Services, Commercial Services, and Manufacturing and Components. The Company..

Pacific Gas & Electric Co. ..95, is an energy-based holding company that conducts its business principally through Pacific Gas and Electric Company, or the Utility, a public utili..

Perrigo Company ..care supplier and the worlds largest manufacturer of over-the-counter (OTC) pharmaceutical and nutritional products for the store brand market. The Co..

Park Electrochemical Corporation ..sidiaries (unless the context otherwise requires, Park and its subsidiaries are hereinafter called the Company), is primarily engaged in the design, d..

Progressive Corporation (The) ..ess in 1937. The Progressive Corporation, an insurance holding company formed in 1965, has 70 subsidiaries and 1 mutual insurance company affiliate. T..

PortalPlayer Inc. ..s, develops and markets comprehensive platform solutions, including a system-on-chip, firmware and software, for manufacturers of feature-rich, hard d..

PNC Bank Corp. ..rvices companies in the United States, operating businesses engaged in regional community banking, wholesale banking, wealth management, asset managem..

Bell Industries Inc. ..ogy product sales and managed technology lifecycle services; sales of aftermarket products for recreational vehicles, motorcycles and ATVs, snowmobile..

Prospect Energy Corporation .. an election to be treated as a business development company under the Investment Company Act of 1940, as amended, or the 1940 Act, and are a non-dive..

Patterson-UTI Energy Inc. ..e we are the second largest owner of land-based drilling rigs in North America. The Company was formed in 1978 and reincorporated in 1993 as a Delawar..

Publicis Groupe S.A. ...A. and its commercial name is Publicis. Our company is a société anonyme, a form of corporation. It was incorporated in 1938, pursuant to the French ..

Pizza Inn Inc. .. referred to as the Company, Pizza Inn or in the first person notations of we, us and our) operate and franchise pizza buffet, delivery-carry-out and ..

RailAmerica Inc. ..e freight railroads in North America. We own, lease or operate a diversified portfolio of 44 railroads with approximately 8,800 miles of track located..

Dr. Reddys Laboratories Ltd ..d development of our company Dr. Reddy's Laboratories Limited was incorporated in India under the Companies Act, 1956, by its promoter, Dr. K. Anji Re..

Ricks Cabaret International Inc. ..urrently own and operate a total of nine adult nightclubs that offer live adult entertainment, restaurant and bar operations. Four of our clubs operat..

Regency Centers Corporation ..t (REIT), which began operations in 1993. Our primary operating and investment goal is long-term growth in earnings per share and total shareholder re..

RealNetworks Inc. ..al media services and software. Consumers use our services and software to find, play, purchase and manage free and premium digital content, including..

Regeneration Technologies Inc. ..innovative technologies to produce allografts that repair and promote the natural healing of human bone and other human tissues and improve surgical o..

Salix Pharmaceuticals Ltd. ..lable free of charge through our website our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and all amendmen..

Schnitzer Steel Industries Inc. ..s in three vertically integrated business segments that include the Metals Recycling Business, the Auto Parts Business and the Steel Manufacturing Bus..

All American Semiconductor Inc. ..ies (collectively, the Company; sometimes referred to herein as Registrant) is a distributor of electronic components manufactured by others. The Comp..

Salton Inc. ..istributor of branded, high quality small appliances, home decor and personal care products. Our product mix includes a broad range of small kitchen a..

Shuffle Master Inc. .. providing our casino and other gaming customers with automatic card shufflers and other Utility Products to improve their profitability, productivity..

SK Telecom Corporation Ltd. ..ELOPMENT OF THE COMPANY Introduction We are Korea's leading wireless telecommunications services provider and a pioneer in the commercial development ..

SMTC Corporation ..ectronics manufacturing services, or EMS, to original equipment manufacturers, or OEMs, primarily in the industrial, enterprise computing and networki..

SOURCECORP Incorporated .. process outsourcing solutions specializing in document and information management and a provider of specialized knowledge-based processing and-or con..

Merrill Lynch & Co. Inc. ..urities held by INDEXPLUS Trust Series 2003-1, please refer to respective periodic reports, including annual reports on Form 10-K, quarterly reports o..

Sprint Nextel Corporation .. laws of Kansas, is mainly a holding company, with its operations primarily conducted in its subsidiaries. Unless the context otherwise requires, refe..

Stewart Enterprises Inc. .. of funeral and cemetery products and services in the death care industry in the United States. Through our subsidiaries, we provide a complete range ..

Sulphco Inc. ..age company in 2004, as defined by Statement of Financial Accounting Standards (SFAS) No. 7 due to the Companys primary focus of continuing to develop..

Sitel Corporation ..he Company are to SITEL Corporation and its subsidiaries, collectively. We are a leading global provider of outsourced customer support services. . We..

The DirecTV Group Inc ..he company, we or us, was incorporated in Delaware in 1977 and was subsequently acquired by GM in 1985. From 1985 to 2003, we were a wholly-owned subs..

Toll Brothers Inc. .. in May 1986, began doing business through predecessor entities in 1967. When this report uses the words we, us, and our, they refer to Toll Brothers,..

Tenet Healthcare Corporation ..of business-the provision of health care services, primarily through the operation of general hospitals. All of Tenets operations are conducted throug..

TOP Tankers Inc. .. January 2000, under the laws of Marshall Islands and renamed to TOP Tankers Inc. in May 2004. On July 23, 2004, our common stock was listed on the Na..

TeamStaff Inc. ..ff), was founded in 1969 as a payroll service company and has evolved into a national provider of payroll and temporary and permanent medical and admi..

Tarragon Corporation .. over 30 years of experience in the real estate industry. During 2004, we delivered 818 homes with an average price of $259,000 per home and 126 singl..

Trump Entertainment Resorts Inc ..s, Inc. (THCR,) and certain of its subsidiaries (collectively, the Debtors) filed voluntary petitions for relief under chapter 11 of the United States..

Mac-Gray Corporation ..equires otherwise, all references in this report to we, our, Mac-Gray, the Company, or us means Mac-Gray Corporation and its subsidiaries and predeces..

Timken Company (The) ..luding the companys fore- casts, beliefs and expectations) that are not historical in nature are forward-looking statements within the meaning of the ..

United American Healthcare Corporation ..orated in Michigan on December 1, 1983 and commenced operations in May 1985. Unless the context otherwise requires, all references to the Company indi..

UIL Holdings Corporation .. in July 2000 and is an exempt public utility holding company under the provisions of the Public Utility Holding Company Act of 1935. Through its vari..

USI Holdings Corporation ..oducts and services primarily to small and mid-sized business clients. We generate revenues primarily from: . commissions paid by insurance companies ..

Varian Semiconductor Equipment Associates Inc. ..arian Semiconductor) is the leading supplier of ion implantation systems used in the fabrication of semiconductor chips. Varian Semiconductor designs,..

Meridian Gold Inc. ..ral Reserves and Resources Although the Company has carefully prepared and verified its calculations of the mineral reserves and mineral resources pre..

Valpey Fisher Corporation ..s incorporated under the laws of Maryland. As used herein the term Company refers to Valpey-Fisher and its subsidiaries. Financial Information about I..

VistaCare ..ar pronoun), is a Delaware corporation providing medical care designed to address the physical, emotional, and spiritual needs of patients with a term..

webMethods Inc. ..ooking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934,..

Westwood One Inc. .. we, us and our refer to Westwood One, Inc. General Westwood One supplies radio and television stations with information services and programming. The..

Warren Resources Inc. ..natural gas and oil reserves and the PV-10 value of our interests in net reserves in producing properties as of December 31, 2004, 2003 and 2002 based..

WMS Industries Inc. ..ware on November 20, 1974 under the name Williams Electronics, Inc. and succeeded to the amusement game business that had been conducted for almost 30..

XL CAP LTD ..), is a leading provider of insurance and reinsurance coverages, and financial products and services to industrial, commercial and professional servic..

Utah Medical Products Inc. ..ess of producing high quality cost-effective healthcare industry devices that are predominantly proprietary, disposable and for hospital use. Success ..

Zumiez Inc. ..ports related apparel, footwear, equipment and accessories operating under the Zumiez brand name. As of January 28, 2006, we operated 174 stores prima..

Barrick Gold Corporation ..Barrick has traditionally grown its reserve base through a combination of acquisitions and focused exploration on and around its operating properties...

ADVO Inc. ..y engaged in soliciting and processing printed advertising from retailers, manufacturers and service companies for targeted distribution by both share..

American Eagle Outfitters Inc. ..ation, is a leading lifestyle retailer that designs, markets and sells our own brand of relaxed, casual clothing for 15 to 25 year olds, providing hig..

AGCO Corporation ..pril 1991. Our executive offices are located at 4205 River Green Parkway, Duluth, Georgia 30096, and our telephone number is 770-813-9200. Unless othe..

American Biltrite Inc. ..rite Inc. (together with, unless the context otherwise indicates, its wholly-owned subsidiaries and K&M Associates L.P., ABI) was organized in 1908 an..

Apollo Investment Corporation .. a Maryland corporation organized on February 2, 2004, is a closed-end, non-diversified management investment company that has filed an election to be..

Astec Industries Inc. .. which was incorporated in 1972. The Company designs, engineers, manufactures and markets equipment and components used primarily in road building and..