MDU Resources Group, Inc.

Investor Relations

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MDU Resources Group, Inc., a member of the S&P MidCap 400 index, provides value-added natural resource products and related services that are essential to energy and transportation infrastructure, including regulated businesses, an exploration and production company and construction companies. MDU Resources includes regulated electric and natural gas utilities and regulated natural gas pipelines and energy services, natural gas and oil production, construction materials and contracting, and construction services.

Company Highlights

• Diversified asset-based natural resource company
• Solid balance sheet with equity of 66% of total capital as of Sept. 30, 2011
• Ten-year total annual shareholder return of 9% at Sept. 30, 2011
• 74 consecutive years of uninterrupted quarterly common stock dividend payments
• Dividend increased in November 2011, marking the 21th consecutive year of dividend increases
• Member of S&P MidCap 400 Index