EXHIBIT 1
[x] [Logo-Red
	checkmark in box]	Vote Each White Proxy Card You Receive
•	Form 10-K (2007	As you know, the hedge fund New Mountain Vantage Advisers,
	Fiscal Year)	L.L.C. (“New Mountain”) has launched a disruptive proxy contest
•	Proxy Statement	to propose its own slate of directors to serve on the Board of
	(2007 Fiscal Year)	National Fuel Gas Company. We believe that, if New Mountain’s
•	Bios for National	candidates are elected, they will propose a course of action that
	Fuel’s Nominees to	may serve New Mountain’s interests, but would harm the
	the Board of	majority of our shareholders.
	Directors
•	2008 Annual	We believe that the persons New Mountain has nominated to
	Meeting of	serve on your Board of Directors are not only lacking in any real
	Shareholders	experience in managing the kinds of assets that comprise your
•	Learn More	Company, but that they are committed to advancing strategies for
		your Company that, at best, favor their short-term interests and
		not the interests of the majority of our shareholders. For more
[x]	[Logo-Red	information, see the “Learn More” section below.
	checkmark in box]
	Vote Now	We urge you to vote for the Company’s nominees to your
		Board of Directors by using your WHITE proxy card or
		clicking on the “Vote Now” link below to preserve your
		Board’s disciplined and knowledge-based approach to
		developing the assets of your Company, while providing
		superior returns and opportunity for continued growth. We
		urge you not to sign any blue proxy cards you receive from
		New Mountain.
		Sincerely,
		/s/ Phil Ackerman
		Phil Ackerman
		Chairman and Chief Executive Officer
		/s/ Dave Smith
		Dave Smith
		President and Chief Operating Officer
		/s/ Ron Tanski
		Ron Tanski
		Treasurer and Principal Financial Officer

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Learn More
•	Shareholder Letter (1/11/08)
•	Shareholder Information Paper (1/11/08)
•	Presentation to Employees and Retirees (1/08)
•	Shareholder Letter (12/28/07)
•	Petition Filed with NYS PSC (12/19/07)
•	Slide Presentation: Response to New Mountain
	(12/12/07)
•	Letter to New Mountain (12/11/07)
•	Fiscal Year 2007 Year End Presentation (11/26/07)
•	Petition Filed with PA PUC (11/08/07)
•	Fiscal Year 2007 4thQ earnings (11/08/07)
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Important!
•	Regardless of how many shares you own, your vote is
	very important. Please sign, date and mail the enclosed
	WHITE proxy card.
•	Please vote each WHITE proxy card you receive since
	each account must be voted separately. Only your latest
	dated proxy counts. We urge you NOT to sign any Blue
	proxy card sent to you by New Mountain.
•	Even if you have sent a Blue proxy card to New
	Mountain, you have every right to change your vote.
	You may revoke that proxy, and vote as recommended by
	management by signing, dating and mailing the enclosed
	WHITE proxy card in the enclosed envelope.
•	If your shares are registered in your own name, please
	sign, date and mail the enclosed WHITE proxy card in the
	postage-paid envelope provided today. You may also vote
	via the Internet or by telephone by following the voting
	instructions on the WHITE proxy card.
•	If your shares are held in the name of a brokerage firm
	or bank nominee, please sign, date and mail the enclosed

	WHITE proxy card in the postage paid envelope to give
	your broker or bank specific instructions on how to vote
	your shares. Depending upon your broker or custodian,
	you may be able to vote either by toll-free telephone or by
	the Internet. Please refer to the enclosed voting form for
	instructions on how to vote electronically. You may also
	vote by signing, dating and returning the enclosed voting
	form.
If you have any questions on how to vote your shares, please call
our proxy solicitor:
Morrow & Co., LLC
(800) 252-2959
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IMPORTANT INFORMATION AND WHERE TO FIND IT
In connection with its 2008 Annual Meeting, National Fuel Gas
Company has filed a definitive proxy statement, WHITE proxy
card and other materials with the U.S. Securities and Exchange
Commission (“SEC”). We urge investors to read the proxy
statement and these other materials carefully when they become
available, because they contain important information about
National Fuel Gas Company and the matters to be considered at
its annual meeting. Investors may contact Morrow & Co., LLC,
National Fuel Gas Company’s proxy advisor for the 2008 Annual
Meeting, at (800) 252-1959 or by email at
nfginfo@morrowco.com. Investors may also obtain a free copy
of the proxy statement and other relevant documents as well as
other materials filed with the SEC concerning National Fuel Gas
Company at the SEC’s website at http://www.sec.gov. Free
copies of National Fuel Gas Company’s SEC filings are also
available on National Fuel Gas Company’s website at
http://www.nationalfuelgas.com. These materials and other
documents may also be obtained for free from: Secretary,
National Fuel Gas Company, 6363 Main Street, Williamsville,
New York 14221, (716) 857-7000.
CERTAIN INFORMATION REGARDING PARTICIPANTS
IN THE SOLICITATION
National Fuel Gas Company and its directors are, and certain of
its officers and employees may be deemed to be, participants in
the solicitation of proxies from National Fuel Gas Company’s
stockholders with respect to the matters considered at National

Fuel Gas Company’s 2008 Annual Meeting. Information 

regarding these directors, and these certain officers and 

employees, is included in the definitive proxy statement on 

Schedule 14A filed with the SEC on January 11, 2008, and on 

National Fuel Gas Company's website at 

http://www.nationalfuelgas.com. Security holders can also obtain 

information with respect to the identity of the participants and 

potential participants in the solicitation and a description of their 

direct or indirect interests, by security holdings or otherwise, for 

free, by contacting: Secretary, National Fuel Gas Company, 6363 

Main Street, Williamsville, New York 14221, (716) 857-7000. 

More detailed information with respect to the identity of the 

participants, and their direct or indirect interests, by security 

holdings or otherwise, will be set forth in the proxy statement and 

other materials to be filed with the SEC in connection with 

National Fuel Gas Company’s 2008 Annual Meeting. 

FORWARD-LOOKING STATEMENTS

This document contains “forward-looking statements” as defined 

by the Private Securities Litigation Reform Act of 1995. 

Forward-looking statements are all statements other than 

statements of historical fact, including, without limitation, 

statements regarding future prospects, plans, performance, capital 

structure and business structure, and anticipated or potential 

capital expenditures, acquisitions or dispositions, as well as 

statements that are identified by the use of the words 

“anticipates,” “estimates,” “expects,” “forecasts,” “intends,” 

“plans,” “predicts,” “projects,” “believes,” “seeks,” “will,” and 

“may” and similar expressions. Forward-looking statements 

involve risks and uncertainties which could cause actual results or 

outcomes to differ materially from those expressed in the 

forward-looking statements. The Company’s expectations, 

beliefs and projections are expressed in good faith and are 

believed by the Company to have a reasonable basis, but there can 

be no assurance that management’s expectations, beliefs or 

projections will result or be achieved or accomplished. In 

addition to other factors and matters discussed elsewhere herein, 

the following are important factors that could cause actual results 

to differ materially from those discussed in the forward-looking 

statements: changes in economic conditions, including economic 

disruptions caused by terrorist activities, acts of war or major 

accidents; changes in demographic patterns and weather 

conditions, including the occurrence of severe weather such as 

hurricanes; changes in the availability and/or price of natural gas 

or oil and the effect of such changes on the accounting treatment 

of derivative financial instruments or the valuation of the 

Company’s natural gas and oil reserves; uncertainty of oil and gas 

reserve estimates; ability to successfully identify, drill for and 

produce economically viable natural gas and oil reserves; 

significant changes from expectations in the Company’s actual 

production levels for natural gas or oil; changes in the availability 

and/or price of derivative financial instruments; changes in the 

price differentials between various types of oil; inability to obtain 

new customers or retain existing ones; significant changes in 

competitive factors affecting the Company; changes in laws and 

regulations to which the Company is subject, including changes 

in tax, environmental, safety and employment laws and 

regulations; governmental/regulatory actions, initiatives and 

proceedings, including those involving acquisitions, financings, 

rate cases (which address, among other things, allowed rates of 

return, rate design and retained gas), affiliate relationships, 

industry structure, franchise renewal, and environmental/safety 

requirements; unanticipated impacts of restructuring initiatives in 

the natural gas and electric industries; significant changes from 

expectations in actual capital expenditures and operating expenses 

and unanticipated project delays or changes in project costs or 

plans; the nature and projected profitability of pending and 

potential projects and other investments, and the ability to obtain 

necessary governmental approvals and permits; occurrences 

affecting the Company’s ability to obtain funds from operations, 

from borrowings under our credit lines or other credit facilities or 

from issuances of other short-term notes or debt or equity 

securities to finance needed capital expenditures and other 

investments, including any downgrades in the Company’s credit 

ratings; ability to successfully identify and finance acquisitions or 

other investments and ability to operate and integrate existing and 

any subsequently acquired business or properties; impairments 

under the SEC’s full cost ceiling test for natural gas and oil 

reserves; significant changes in tax rates or policies or in rates of 

inflation or interest; significant changes in the Company’s 

relationship with its employees or contractors and the potential 

adverse effects if labor disputes, grievances or shortages were to 

occur; changes in accounting principles or the application of such 

principles to the Company; the cost and effects of legal and 

administrative claims against the Company; changes in actuarial 

assumptions and the return on assets with respect to the 

Company’s retirement plan and post-retirement benefit plans; 

increasing health care costs and the resulting effect on health 

insurance premiums and on the obligation to provide post- 

retirement benefits; or increasing costs of insurance, changes in 

coverage and the ability to obtain insurance. The Company 

disclaims any obligation to update any forward-looking 

statements to reflect events or circumstances after the date hereof.