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Press release from Business Wire

MGE Energy Issues Fourth-Quarter Financial Update

Monday, February 27, 2012

MGE Energy Issues Fourth-Quarter Financial Update10:42 EST Monday, February 27, 2012 MADISON, Wis. (Business Wire) -- MGE Energy, Inc. (Nasdaq: MGEE) today published its fourth-quarter 2011 financial update presentation. The presentation is available on MGE Energy's website at: http://www.mgeenergy.com/images/PDF/Presentations/Update_20120227.pdf MGE Energy is an investor-owned public utility holding company headquartered in the state capital of Madison, Wis. It is the parent company of Madison Gas and Electric, which generates and distributes electricity in Dane County, Wis., and purchases and distributes natural gas in seven south-central and western Wisconsin counties. MGE Energy's assets total approximately $1.5 billion. It has 712 employees, more than 36,000 stockholders of record and its 2011 revenues were $546 million. MGE Energy, Inc.Investor relations contactKen Frassetto, 608 252 4723Fax: 608 252 7098kfrassetto@mge.comorMedia contactSteve Kraus, 608-252-7907skraus@mge.com