WHERE:         Fairbanks Princess Riverside Lodge
4477 Pikes Landing Road
Fairbanks, AK 99709

WHEN:            Wednesday, May 6, 2009
                        6 P.M.

Fairbanks, Alaska -- The Regulatory Commission of Alaska (Commission) will hold a consumer awareness hearing on the settlement agreement between Fairbanks Natural Gas (FNG) and the Attorney General (AG) in Docket U-08-61. This docket was opened by the Commission on its own motion on July 6, 2008, in response to a request from a group of 14 legislators for the Commission to consider economic regulation of FNG. The Commission established a procedural schedule and held evidentiary hearings on February 24-25, 2009.

According to the settlement agreement, the parties stipulated that economic regulation of FNG would not be in the public interest at this time and that FNG’s current exemption from regulation should continue. The stipulation also includes terms to protect FNG ratepayers and classes of customers. At the consumer awareness hearing, FNG and the AG are required to explain the settlement agreement and its terms and to respond to any questions from the public or members of the commission.

Any party wishing to appear telephonically at the scheduled event must advise us in advance and provide a telephone number where it may be reached for that appearance. If you are a person with a disability who may need a special accommodation, auxiliary aid or service, or alternative communication format in order to participate in the scheduled event, please contact Joyce McGowan at 1-907-276-6222, toll free at 1-800-390-2782, or TTY at 1-907-276-4533, or send your request by electronic mail to at least three business days before the scheduled event to make the necessary arrangements.

Date Issued: 4/13/2009