SCANA Corporation Announces Pricing of Common Stock Offering
Bryan Hatchell

Byron Hinson

Cayce, S.C., May 11, 2010…SCANA Corporation (NYSE: SCG) (“SCANA”) announced today that it has priced a public offering of 7,150,000 shares of its common stock at $37.00 per share.

SCANA has granted the underwriters an over-allotment option to purchase up to 1,072,500 additional shares of SCANA’s common stock for a period of 30 days following pricing of the offering either directly from SCANA or from the Forward Purchasers (as defined below), at SCANA’s option.

In connection with the offering, SCANA entered into forward sale agreements with certain affiliates of the book-running managers (the “Forward Purchasers”), under which SCANA agreed to sell to the Forward Purchasers in the aggregate a number of shares of SCANA’s common stock equal to the number of shares to be sold through the underwriters to the public in this offering less the number of shares sold to the underwriters by SCANA, subject to certain adjustments. Of the shares to be sold through the underwriters to the public in this offering other than shares sold in connection with any exercise of the over-allotment option, approximately 5,550,000 will be borrowed and sold to the underwriters by the Forward Purchasers. The forward sale agreements provide for settlement at the public offering price less underwriting discounts and commissions, subject to certain adjustments.

SCANA intends to use any net proceeds that it receives from this offering and upon settlement of the forward sale agreements described above for the financing of capital expenditures, including the construction of new nuclear units, and for other general corporate purposes.

Wells Fargo Securities, Morgan Stanley, and UBS Investment Bank are the joint book-running managers for the offering. The co-managers are BB&T Capital Markets, Credit Suisse and Stephens Inc.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make an offer, solicitation or sale in such jurisdiction. When available, copies of the prospectus and prospectus supplement relating to the shares of common stock offered in this offering may be obtained by contacting Wells Fargo Securities (Attention: Equity Syndicate Department) at 375 Park Avenue, New York, NY 10152 or by telephone at (800) 326-5897 or by email at or by contacting Morgan Stanley & Co. Incorporated (Attention: Prospectus Department) at 180 Varick Street, New York, New York, 10014 or by email at or by contacting UBS Securities LLC, Prospectus Department (Attention: Clint Lauriston) at 299 Park Avenue, New York, New York 10171 or by telephone (877) 827-6444, ext. 561-3884.

SCANA Corporation, a South Carolina corporation headquartered in Cayce, South Carolina, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses.