Shareowners Elect Six Directors at New Jersey Resources Annual Meeting

First Responder Mike Terry Honored with the Alfred C. Koeppe Service
Award

MOUNTAIN LAKES, N.J.–(BUSINESS WIRE)–New Jersey Resources (NYSE:NJR), today hosted its 65th Annual
Meeting, where shareowners elected Maureen A. Borkowski and Thomas C.
O’Connor to the company’s board of directors for one-year terms and
Donald L. Correll, M. William Howard Jr., J. Terry Strange and George R.
Zoffinger for new three-year terms.

Additionally, Director Lawrence R. Codey retired from the board. The
former Public Service Electric and Gas president, chief operating
officer and director joined the NJR board of directors in 2000 and
served as the lead director since 2003.

“Larry Codey has provided our board with invaluable leadership and a
keen understanding of the critical issues facing utility companies,”
said Laurence M. Downes, chairman and CEO of New Jersey Resources. “We
are grateful for all he has done for our company and customers.”

Shareowners also approved a non-binding advisory resolution on the
compensation of NJR’s named executive officers and the ratification of
the appointment of Deloitte & Touche LLP as its independent registered
public accounting firm for the fiscal year ending September 30, 2018.

“The leadership, expertise and diverse perspectives of our board of
directors makes us a better, stronger company,” Downes continued.
“Guided by our strategic vision and the dedication of our more than
1,000 employees, we remain committed to rewarding the trust our
shareowners place in us year after year.”

Also at the meeting, First Responder Mike Terry, of Neptune, New Jersey,
was recognized with the Alfred C. Koeppe Service Award. Created in honor
of Al Koeppe, a member of NJR’s board of directors who passed away in
2016, the award is the highest honor NJR can bestow upon a union
employee, who exemplifies a commitment to service that improves the
lives of others, enhances New Jersey’s communities and benefits the
company.

Mike joined New Jersey Natural Gas, the principal subsidiary of NJR, in
2004. Throughout his 14-year career, he has proven to be a person of
character, courage and compassion. In addition to his dedicated service
to customers, Mike is a committed supporter of St. Jude’s Children
Research Hospital in honor of his daughter, Mya, who passed away in 2013
at the age of 10 following a five and a half year battle with cancer. In
her memory, he created Mya's Warriors to help raise money for pediatric
cancer research. In the five years since Mya passed, Mike has raised
over $40,000 for St. Jude’s to help those children and families who are
dealing with the challenges his family faced.

“Al Koeppe believed the greatest contribution you can make is to have a
positive and lasting impact on the lives of others,” Downes said. “I can
think of no one who exemplifies this belief more than Mike Terry. His
spirit, strength and commitment to service make him a fitting and
deserving recipient of this year’s Alfred C. Koeppe Service Award.”

About New Jersey Resources

New Jersey Resources (NYSE:NJR) is a Fortune 1000 company that,
through its subsidiaries, provides safe and reliable natural gas and
clean energy services, including transportation, distribution, asset
management and home services. NJR is composed of five primary businesses:

• New Jersey Natural Gas, NJR’s principal subsidiary, operates
  and maintains over 7,400 miles of natural gas transportation and
  distribution infrastructure to serve over half a million customers in
  New Jersey’s Monmouth, Ocean and parts of Morris, Middlesex and
  Burlington counties.
• NJR Clean Energy Ventures invests in, owns and operates solar
  and onshore wind projects with a total capacity of more than 315
  megawatts, providing residential and commercial customers with
  low-carbon solutions.
• NJR Energy Services manages a diversified portfolio of natural
  gas transportation and storage assets and provides physical natural
  gas services and customized energy solutions to its customers across
  North America.
• NJR Midstream serves customers from local distributors and
  producers to electric generators and wholesale marketers through its
  50 percent equity ownership in the Steckman Ridge natural gas storage
  facility and its stake in Dominion Midstream Partners, L.P., as well
  as its 20 percent equity interest in the PennEast Pipeline Project.
• NJR Home Services provides service contracts as well as
  heating, central air conditioning, water heaters, standby generators,
  solar and other indoor and outdoor comfort products to residential
  homes throughout New Jersey.

NJR and its more than 1,000 employees are committed to helping customers
save energy and money by promoting conservation and encouraging
efficiency through Conserve to Preserve® and initiatives such
as The SAVEGREEN Project® and The Sunlight Advantage®.

For more information about NJR:

Visit www.njresources.com.
Follow
us on Twitter @NJNaturalGas.
“Like” us on
facebook.com/NewJerseyNaturalGas.
Download our free NJR investor
relations app for iPad, iPhone and Android.

Contacts

New Jersey Resources
Media:
Michael Kinney,
732-938-1031
[email protected]
or
Investors:
Dennis
Puma, 732-938-1229
[email protected]