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South Carolina Electric & Gas Company Announces Debt Offering

Cayce, SC, May 20, 2014 --- South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE:SCG), announced today that it sold, in a negotiated offering, $300 million principal amount of its First Mortgage Bonds, 4.50% Series due June 1, 2064. The bonds sold today are initially being offered to the public at 98.938 percent with a yield to maturity of 4.554 percent. Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC acted as joint book-running managers, and U.S. Bancorp Investments, Inc., Drexel Hamilton, LLC, and FTN Financial Securities Corp acted as co-managers for the transaction.

SCE&G intends to apply the net proceeds from the sale of the bonds to repay short-term debt, including borrowings made under a cash management money pool, primarily incurred as a result of its construction program, to finance capital expenditures, including costs to construct new nuclear units at its V.C. Summer Nuclear Station, and for general corporate purposes.

It is anticipated that these bonds will be issued on May 27, 2014. The transaction is subject to normal closing conditions.

Copies of a written prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended, relating to the offering of these bonds may be obtained by contacting:

Credit Suisse Prospectus Department
One Madison Avenue
New York, NY 10010
telephone: 1-800-221-1037

J.P. Morgan Securities LLC
383 Madison Avenue
New York, NY 10179
Attention: Investment Grade Syndicate Desk, 3rd Floor
telephone collect at 1-212-834-4533

TD Securities
31 West 52nd Street
New York, NY, 10019

Wells Fargo Securities, LLC
Attn: Capital Markets Client Support
1525 West W.T. Harris Blvd. NC0675
Charlotte, NC 28262
telephone: 1-800-326-5897

South Carolina Electric & Gas Company is a regulated public utility engaged in the generation, transmission, distribution and sale of electricity and in the purchase, sale and transport of natural gas in portions of South Carolina.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the notes or any other securities, nor will there be any sale of the notes or any other securities in any state or jurisdiction in which such an offer, solicitation or sale is not permitted. A registration statement relating to these securities has been filed with the Securities and Exchange Commission and is effective.