|CORNING NATURAL GAS CORPORATION AND SUBSIDIARY |                                                                                              |            |            |            |            |            |            |            |            |            |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
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|SUMMARY OF FINANCIAL AND OPERATING STATISTICS  |                                                                                              |            |            |            |            |            |            |            |            |            |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               |                                                                                              |            |            |            |            |            |            |            |            |            |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               |                                                                                              |            | 2000       |            | 1999       |            | 1998       |            | 1997       |            | 1996(2)    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Total assets                                   | $                                                                                            | 30,326,512 |            | 26,513,771 |            | 24,798,172 |            | 22,495,696 |            | 20,220,562 |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Long-term debt, less current installments      | $                                                                                            | 11,429,421 |            | 11,507,315 |            | 10,459,351 |            | 9,400,000  |            | 6,300,000  |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Summary of earnings:                           |                                                                                              |            |            |            |            |            |            |            |            |            |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | Utility operating revenue                                                                    | $          | 16,496,841 |            | 16,276,170 |            | 16,673,295 |            | 17,835,687 |            | 15,082,135 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | Total operating expenses and taxes                                                           |            | 15,399,498 |            | 15,154,747 |            | 15,354,527 |            | 16,440,231 |            | 14,122,436 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | Net utility operating income                                                                 |            | 1,097,343  |            | 1,121,423  |            | 1,318,768  |            | 1,395,456  |            | 959,699    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | Other income                                                                                 |            | 76,483     |            | 63,353     |            | 31,885     |            | 22,977     |            | 10,447     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | Appliance Corporation Earnings                                                               |            | 378,988    |            | 208,302    |            | 248,665    |            | 221,856    |            | 131,935    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | Interest expense-regulated                                                                   |            | 1,081,362  |            | 955,130    |            | 959,161    |            | 884,538    |            | 618,695    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | Net Income                                                                                   | $          | 471,452    |            | 437,948    |            | 640,157    |            | 755,751    |            | 483,386    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Number of common shares                        |                                                                                              | 460,000    |            | 460,000    |            | 460,000    |            | 460,000    |            | 460,000    |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Earnings per common share                      | $                                                                                            | 1.02       |            | 0.95       |            | 1.39       |            | 1.64       |            | 1.05       |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Dividends paid per common share                | $                                                                                            | 1.30       |            | 1.30       |            | 1.30       |            | 1.28       |            | 0.95       |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Statistics (unaudited)-                        |                                                                                              |            |            |            |            |            |            |            |            |            |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Gas delivered (MMcf)                           |                                                                                              |            |            |            |            |            |            |            |            |            |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | Residential                                                                                  |            | 1,501      |            | 1,519      |            | 1,519      |            | 1,673      |            | 1,403      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | Commercial                                                                                   |            | 255        |            | 271        |            | 366        |            | 343        |            | 309        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | Industrial                                                                                   |            | 17         |            | 23         |            | 21         |            | 29         |            | 20         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | Municipal                                                                                    |            | 19         |            | 20         |            | 52         |            | 80         |            | 63         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | Other utilities                                                                              |            | 319        |            | 309        |            | 309        |            | 369        |            | 267        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | Transportation deliveries                                                                    |            | 5,936      |            | 5,875      |            | 5,068      |            | 5,404      |            | 3,971      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | Total deliveries                                                                             |            | 8,047      |            | 8,017      |            | 7,335      |            | 7,898      |            | 6,033      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Number of customers-end of period              |                                                                                              | 14,246     |            | 13,993     |            | 13,919     |            | 13,837     |            | 13,753     |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Average Mcf use per                            |                                                                                              |            |            |            |            |            |            |            |            |            |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | residential customer                                                                         |            | 117.4      |            | 117.8      |            | 116.8      |            | 129.4      |            | 108.3      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Average revenue per residential                |                                                                                              |            |            |            |            |            |            |            |            |            |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | customer                                                                                     | $          | 819.00     |            | 822.57     |            | 814.33     |            | 851.45     |            | 743.16     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Number of degree days (1)                      |                                                                                              | 6,333      |            | 6,241      |            | 5,979      |            | 6,831      |            | 4,577      |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Percent (warmer) colder than avg.              |                                                                                              | (2.6)      |            | (4.3)      |            | (9.3)      |            | 3.6        |            | 7.0        |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Peak day deliveries (Mmcf)                     |                                                                                              | 57,642     |            | 51,770     |            | 44,250     |            | 55,190     |            | 53,328     |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Number of rental appliances in service         |                                                                                              | 6,263      |            | 6,430      |            | 6,409      |            | 6,568      |            | 6,615      |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Miles of mains                                 |                                                                                              | 396.5      |            | 394.6      |            | 391.7      |            | 388.7      |            | 384.3      |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Investment in gas plant (at cost)              | $                                                                                            | 22,251,342 |            | 21,667,115 |            | 21,396,130 |            | 20,378,449 |            | 19,616,872 |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|Stockholders' equity per share                 | $                                                                                            | 10.98      |            | 11.11      |            | 11.73      |            | 11.32      |            | 11.19      |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
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|(1)                                            | Fifeteen year average degree days: 6,496                                                     |            |            |            |            |            |            |            |            |            |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
|(2)                                            | The Company changed its year end from December 31 to September 30 effective January 1, 1996. |            |            |            |            |            |            |            |            |            |            |  |  |  |  |  |  |  |  |  |  |  |  | 
|                                               | The amounts shown for 1996 are for the nine months ended September 30, 1996.                 |            |            |            |            |            |            |            |            |            |            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 
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