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Dec 5, 2000

Sempra Energy Declares Common Dividend

Sempra Energy Declares Common Dividend

Sempra Energy Declares Common Dividend

SAN DIEGO, Dec. 5, 2000 -- The board of directors of Sempra Energy (NYSE: SRE) today declared a quarterly dividend of 25 cents per share of common stock. The current dividend is payable Jan. 15, 2001, to shareholders of record on Dec. 21, 2000.

Additionally, regular quarterly preferred dividends were declared by the following subsidiaries:

Each of the preferred dividends is payable on Jan. 15, 2001, to shareholders of record on Dec. 21, 2000.

Sempra Energy (NYSE: SRE), based in San Diego, is a Fortune 500 energy services holding company with 12,000 employees and revenues of nearly $5.5 billion.

Through its eight principal subsidiaries -- Southern California Gas Company, San Diego Gas & Electric, Sempra Energy Solutions, Sempra Energy Trading, Sempra Energy International, Sempra Energy Resources, Sempra Communications and Sempra Energy Financial -- Sempra Energy serves more than 9 million customers in the United States, Europe, Canada, Mexico and South America.