WGL Holdings, Inc. Raises Annual Dividend $0.02 Per Share to $2.06

March 1, 2018

Represents the 43rd Consecutive Annual Increase in
Common Stock Dividend

WASHINGTON–(BUSINESS WIRE)–The Board of Directors of WGL Holdings, Inc. (NYSE:WGL), the parent
company of Washington Gas Light Company (Washington Gas), on February
22, 2018, voted to increase the annualized dividend on its common stock
by 2-cents to $2.06 per share from $2.04 per share. The Board of
Directors also declared a regular quarterly dividend of $0.515 per share
of common stock. The quarterly dividend is payable May 1, 2018, to
shareholders of record on April 10, 2018.

With this dividend increase, Washington Gas now has raised the cash
dividend on its common stock for 43 consecutive years. The company has
one of the longest dividend payment records on the New York Stock
Exchange, with 167 years of dividend payments to shareholders.

Dividends on the utility's preferred stock also are payable May 1, 2018,
to shareholders of record as of April 10, 2018.

Class of Serial
Preferred Stock	Dividend Per Share
$ 4.25 Series	$ 1.0625
$ 4.80 Series	$ 1.20
$ 5.00 Series	$ 1.25

About WGL

WGL (NYSE: WGL), headquartered in Washington, D.C., is a leading source
for clean, efficient and diverse energy solutions. With activities and
assets across the U.S., WGL consists of Washington Gas, WGL Energy, WGL
Midstream and Hampshire Gas. WGL provides natural gas, electricity,
green power and energy services, including generation, storage,
transportation, distribution, supply and efficiency. Our calling as a
company is to make energy surprisingly easy for our employees, our
community and all our customers. Whether you are a homeowner or renter,
small business or multinational corporation, state and local or federal
agency, WGL is here to provide Energy Answers. Ask Us. For more
information, visit us at www.wgl.com.

Forward-Looking Statements

This news release and other statements by us include forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 with respect to the amount of, and future payment of,
dividends, the outlook for earnings, revenues and other future financial
business performance or strategies and expectations. Forward-looking
statements are typically identified by words such as, but not limited
to, “estimates,” “expects,” “anticipates,” “intends,” “believes,”
“plans,” and similar expressions, or future or conditional verbs such as
“will,” “should,” “would,” and “could.” Although we believe such
forward-looking statements are based on reasonable assumptions, we
cannot give assurance that every objective will be achieved.
Forward-looking statements speak only as of today, and we assume no duty
to update them. Factors that could cause actual results to differ
materially from those expressed or implied include, but are not limited
to, general economic conditions and the factors discussed under the
“Risk Factors” heading in our most recent annual report on Form 10-K and
other documents that we have filed with, or furnished to, the U.S.
Securities and Exchange Commission.