Exhibit 99-4

News Release


                                      Vectren Corporation
                                      P.O. Box 209
                                      Evansville, IN 47702-0209

January 24, 2001

FOR IMMEDIATE RELEASE




           Vectren Subsidiary SIGECO Declares Dividend
                     on 4.8% Preferred Stock


Evansville, Indiana - The board of directors of Southern Indiana
Gas and Electric Company (SIGECO), a wholly owned subsidiary of
Vectren Corporation (NYSE: VVC), declared a quarterly dividend of
$1.20 per share on the outstanding shares of SIGECO's 4.8%
preferred stock payable May 1, 2001 to shareholders of record on
April 6, 2001.

Vectren Corporation is an energy and applied technology holding
company headquartered in Evansville, Indiana.  Vectren's energy
delivery subsidiaries provide gas and/or electricity to
nearly one million customers in adjoining service territories
that cover nearly two-thirds of Indiana and west central Ohio.
Vectren's non-regulated subsidiaries and affiliates currently
offer energy-related products and services, fiber-optic based
communication services, and utility related services including
materials management, debt collections, underground pipeline
construction and repair, underground facilities locating and
meter reading services to customers throughout the surrounding
region.  To learn more about Vectren, visit www.vectren.com.

Investor Contact: Steven M. Schein, VP/Investor Relations (812)
491-4209
sschein@vectren.com

Media Contact: Jeffrey W. Whiteside, VP/Corporate Communications
(812) 491-4205
jwhiteside@vectren.com