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WALL, N.J. – New Jersey Resources (NYSE:NJR) today announced that its Board of Directors has unanimously declared a regular quarterly dividend on its common stock of $.34 per share. The dividend will be payable on October 3, 2005, to shareowners of record on September 15, 2005.

“NJR’s consistency in paying dividends is another example of our reliability. We’ve paid quarterly dividends on our common stock since 1952,” said Laurence M. Downes, chairman and CEO of NJR. “Our shareowners continue to benefit from our team’s ability to deliver on our conservative strategy focused on the fundamentals and a strong financial profile.”

New Jersey Resources (NYSE:NJR), a Fortune 1000 company and a member of the Forbes Platinum 400, provides reliable retail and wholesale energy services to customers in New Jersey and in states from the Gulf Coast to New England, and Canada. Its principal subsidiary, New Jersey Natural Gas, is one of the fastest-growing local distribution companies in the United States, serving more than 459,000 customers in central and northern New Jersey. Other major NJR subsidiaries include NJR Energy Services and NJR Home Services. NJR Energy Services is a leader in the unregulated energy services market, providing customer service and management of natural gas storage and capacity assets. NJR Home Services offers retail customers heating, air conditioning and appliance services. NJR’s progress is a tribute to the more than 5,000 dedicated employees who have shared their expertise and focus on quality through more than 50 years of serving customers and the community to make NJR a leader in the competitive energy marketplace. For more information, visit NJR’s Web site at njliving.com.