SCANA Subsidiary Sells $250 Million of First Mortgage Bonds
Investor Contact:
John Winn
(803) 217-9240
jwinn@scana.com


October 30, 2003, Columbia, SC,  - South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE:SCG), announced today that it sold, in a negotiated offering, $250 million principal amount of its First Mortgage Bonds, 5.25 percent Series due November 1, 2018. The 15-year bonds were priced to SCE&G at 99.004 percent. The bonds are initially being offered to the public at 99.754 percent to yield 5.274 percent to maturity. Wachovia Capital Markets, LLC, Banc of America Securities LLC and BNY Capital Markets, Inc. acted as joint book-running managers for the transaction.

It is anticipated that the bonds will be issued on November 6, 2003. Closing of the transaction is subject to normal closing conditions.

SCE&G will use the net proceeds from the sale of these new bonds to redeem SCE&G's $100 million principal amount of First Mortgage Bonds, 6.25 percent Series due December 15, 2003, for repayment of short-term debt and for general corporate purposes.

A registration statement related to these securities has been filed with the Securities and Exchange Commission and has become effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. This offering may be made only by means of a prospectus and related prospectus supplement, copies of which may be obtained by contacting Wachovia Capital Markets, LLC, Attention: Investment Grade Syndicate, Telephone (800) 691-7757, or by contacting any of the other nderwriters.

SCE&G is a regulated public utility engaged in the generation, transmission, distribution and sale of electricity in a service area that extends into 24 counties in the central, southern and southwestern portions of South Carolina. The company is also engaged in the purchase and sale, primarily at retail, of natural gas in a service area that covers all or part of 34 of the 46 counties in the state.