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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial"><strong>UNITED
                STATES</strong></font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial"><strong>SECURITIES
                AND EXCHANGE COMMISSION</strong></font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>Washington,
                D.C. 20549</strong></font></div>
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            <td align="left" valign="top" width="21%">&#160;</td>
            <td align="left" valign="top" width="39%">&#160;</td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial"><strong>FORM
                8-K</strong></font></div>
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            <td valign="top" width="31%">&#160;</td>
            <td align="left" valign="top" width="21%">&#160;</td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial"><strong>CURRENT
                REPORT</strong></font></div>
            </td>
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            <td valign="top" width="31%">&#160;</td>
            <td align="left" valign="top" width="21%">&#160;</td>
            <td align="left" valign="top" width="39%">&#160;</td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial"><strong>PURSUANT
                TO SECTION 13 OR 15(d)</strong></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial"><strong>&#160;</strong></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial"><strong>OF</strong></font></div>
            </td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial"><strong>THE
                SECURITIES EXCHANGE ACT OF 1934</strong></font></div>
            </td>
          </tr>
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            <td valign="top" width="31%">&#160;</td>
            <td align="left" valign="top" width="21%">&#160;</td>
            <td align="left" valign="top" width="39%">&#160;</td>
          </tr>
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            <td valign="top" width="31%">&#160;</td>
            <td align="left" valign="top" width="21%">&#160;</td>
            <td align="left" valign="top" width="39%">&#160;</td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Date
                of Report
                (Date of earliest event reported): February 1, 2006</font></div>
            </td>
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            <td valign="top" width="31%">&#160;</td>
            <td align="left" valign="top" width="21%">&#160;</td>
            <td align="left" valign="top" width="39%">&#160;</td>
          </tr>
          <tr>
            <td valign="top" width="31%">&#160;</td>
            <td align="left" valign="top" width="21%">&#160;</td>
            <td align="left" valign="top" width="39%">&#160;</td>
          </tr>
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            <td colspan="3" valign="top" width="91%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial"><strong>AGL
                RESOURCES INC.</strong></font></div>
            </td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">(Exact
                name of
                registrant as specified in its charter)</font></div>
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          </tr>
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            <td align="left" valign="top" width="31%">&#160;</td>
            <td align="left" valign="top" width="21%">&#160;</td>
            <td align="left" valign="top" width="39%">&#160;</td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>Georgia</strong></font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>1-14174</strong></font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">(State
                or
                other jurisdiction of incorporation)</font></div>
            </td>
            <td valign="top" width="21%">
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                File No.)</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">(I.R.S.
                Employer Identification No.)</font></div>
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            <td align="left" valign="top" width="21%">&#160;</td>
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            <td align="left" valign="top" width="21%">&#160;</td>
            <td align="left" valign="top" width="39%">&#160;</td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>Ten
                Peachtree Place NE, Atlanta, Georgia 30309</strong></font></div>
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            <td colspan="3" valign="top" width="91%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">(Address
                and
                zip code of principal executive offices) </font></div>
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            <td valign="top" width="31%">&#160;</td>
            <td align="left" valign="top" width="21%">&#160;</td>
            <td align="left" valign="top" width="39%">&#160;</td>
          </tr>
          <tr>
            <td valign="top" width="31%">&#160;</td>
            <td align="left" valign="top" width="21%">&#160;</td>
            <td align="left" valign="top" width="39%">&#160;</td>
          </tr>
          <tr>
            <td colspan="3" valign="top" width="91%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>404-584-4000</strong></font></div>
            </td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">(Registrant's
                telephone number, including area code)</font></div>
            </td>
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          <tr>
            <td valign="top" width="31%">&#160;</td>
            <td align="left" valign="top" width="21%">&#160;</td>
            <td align="left" valign="top" width="39%">&#160;</td>
          </tr>
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            <td valign="top" width="31%">&#160;</td>
            <td align="left" valign="top" width="21%">&#160;</td>
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                Applicable</strong></font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">(Former
                name
                or former address, if changed since last report)</font></div>
            </td>
          </tr>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Check
                the
                appropriate box below if the Form 8-K filing is intended to simultaneously
                satisfy the filing obligation of the registrant under any of the
                following
                provisions:</font></div>
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                Written communications pursuant to Rule 425 under the Securities
                Act (17
                CFR 230.425)</font></div>
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                Soliciting material pursuant to Rule 14a-12 under the Exchange Act
                (17 CFR
                240.14a-12)</font></div>
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                Pre-commencement communications pursuant to Rule 14d-2(b) under the
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&#160;]
                Pre-commencement communications pursuant to Rule 13e-4(c) under the
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      <div id="FTR">
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>Item
        1.01</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 67.5pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>Entry
        into a
        Material Definitive Agreement.</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong><em>General</em></strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Each
        year, the
        Compensation and Management Development Committee (&#8220;C&amp;MD Committee&#8221;) of the
        Board of Directors of AGL Resources Inc. sets base salary and target levels
        for
        annual incentive pay and long-term incentives for AGL Resources&#8217; executive
        officers. For benchmarking executive compensation practices and levels, the
        C&amp;MD Committee reviews data from the AGL Resources&#8217; proxy peer group of
        natural gas service providers and a published compensation survey of energy
        service industry companies, which is provided by the C&amp;MD Committee&#8217;s
        independent consultant.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong><em>Base
        Salary</em></strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">On
        February 1, 2006, the C&amp;MD Committee reviewed and set base salaries for
        executive officers for 2006. In reviewing base salaries, the C&amp;MD Committee
        considered pay for comparable positions reported in the market data described
        above, tenure in position, increased scope of responsibilities in light of
        AGL
        Resources&#8217; substantial growth in the previous year, performance, retention and
        other considerations. The base salary for Kevin P. Madden, the executive
        vice
        president, external affairs, will remain at $380,000; the base salary for
        R.
        Eric Martinez, the executive vice president, utility operations, will remain
        at
        $300,000; the base salary for Paul R. Shlanta, the executive vice president,
        general counsel and chief ethics and compliance officer, was increased from
        $300,000 to $310,000; and the base salary for Andrew W. Evans, the senior
        vice
        president and chief financial officer, will remain at $300,000. These four
        officers, together with AGL Resources&#8217; former chief executive officer who
        resigned from AGL Resources effective as of December 31, 2005, are AGL
        Resources&#8217; &#8220;named executive officers&#8221; for 2006. The base salaries for the four
        above-named executive officers for 2006 were approved by the C&amp;MD Committee
        but are not otherwise set forth in a written agreement between AGL Resources
        and
        the executives.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong><em>Executive
        Performance Incentive Plan and Annual Incentive Plan</em></strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">AGL
        Resources&#8217; annual incentive compensation program for the named executive
        officers consists of the executive performance incentive plan (&#8220;EPIP&#8221;) and the
        annual incentive plan (&#8220;AIP&#8221;). The annual incentive compensation program gives
        weight to both corporate and individual performance.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>How
        the EPIP
        and AIP work. </strong></font><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Under
        the EPIP, the
        C&amp;MD Committee establishes objective performance measures from among a list
        of eligible measures set forth in the plan, and those performance measures
        must
        be met or exceeded in order for the named executive officers to receive a
        payout. The C&amp;MD Committee reviews the actual performance at the end of each
        year, compares it with the predetermined goals, and certifies the results
        under
        the plan. In order to attempt to maximize the deductibility, for federal
        income
        tax purposes, of corporate performance awards made to the named executive
        officers, the corporate performance portion of the named executive officers&#8217;
annual incentive awards, which constitutes 75% of their total incentive
        opportunity, is covered under the shareholder-approved EPIP.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Annual
        incentive
        compensation under the AIP, which also applies to eligible employees below
        the
        named executive officer level, is based on corporate, business unit and
        individual performance measures. For the named executive officers, only the
        AIP&#8217;s individual performance measure is applied for the remaining 25% of the
        named executive officers&#8217; total incentive opportunity (which is not eligible for
        the federal income tax deductibility exemption under Section 162(m) of the
        Internal Revenue Code of 1986, as amended). </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Under
        the annual
        incentive compensation program, each participant has a target annual incentive
        compensation opportunity, expressed as a percentage of earned base salary
        during
        the fiscal year. On February 1, 2006, the C&amp;MD Committee approved target
        annual incentive compensation opportunities for 2006, expressed as a percentage
        of 2006 annual base salary, for each of AGL Resources&#8217; named executive officers,
        other than the former chief executive officer. For 2006, the incentive target
        level for Mr. Evans was increased from 50% to 60% of annual base salary and
        will
        remain the same for all other named executive officers, which is 60% for
        Messrs.
        Madden and Martinez and 50% for Mr. Shlanta. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">As
        noted above, annual incentive compensation for the named executive officers
        is
        calculated using the following weights: 75% corporate performance score,
        which
        is based on the earnings per share (&#8220;EPS&#8221;) benchmarks described below, (covered
        under the EPIP) and 25% individual performance score (covered under the AIP).
        To
        determine a named executive officer&#8217;s annual incentive compensation, 75% of the
        individual named executive officer&#8217;s incentive target is multiplied by the
        corporate performance score and 25% is multiplied by his or her individual
        performance score. Maximum awards for the named executive officers may be
        up to
        200% of their overall target annual incentive compensation opportunity.
</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">On
        February 1, 2006, the C&amp;MD Committee established the corporate EPS
        performance measures for the 2006 performance measurement period. The corporate
        EPS goals under the AIP and the EPIP for 2006 are:</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div>
        <table border="1" cellpadding="0" cellspacing="0" width="100%">

            <tr>
              <td valign="top" width="42%" style="border-bottom: black thin solid;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>Earnings
                  Per Share Goal</strong></font></div>
              </td>
              <td valign="top" width="36%" style="border-bottom: black thin solid;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>Corporate
                  Performance Score</strong></font></div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td valign="top" width="42%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>$2.58*</strong></font></div>
              </td>
              <td valign="top" width="36%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>50%</strong></font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td valign="top" width="42%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>$2.60</strong></font></div>
              </td>
              <td valign="top" width="36%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>75%</strong></font></div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td valign="top" width="42%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>$2.63</strong></font></div>
              </td>
              <td valign="top" width="36%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>100%</strong></font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td valign="top" width="42%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>$2.65</strong></font></div>
              </td>
              <td valign="top" width="36%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>150%</strong></font></div>
              </td>
            </tr>
            <tr bgcolor="#cceeff">
              <td valign="top" width="42%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>$2.68</strong></font></div>
              </td>
              <td valign="top" width="36%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>200%</strong></font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">*The
        Company must
        meet or surpass a corporate EPS goal of $2.58 for the year ending December
        31,
        2006 in order for any payment to be made under the AIP or EPIP.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">The
        EPS goal is established by the C&amp;MD Committee solely for the purposes of
        performance measurement under the annual incentive compensation program and
        should not be considered an update to previously provided earnings
        guidance.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Certain
        additional
        terms of the annual incentive plan for 2006 have not yet been finalized and
        will
        be provided by amendment to this report.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong><em>Long-Term
        Incentive Grants</em></strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">On
        February 1, 2006, the C&amp;MD Committee approved stock option grants to certain
        of its executive officers, other officers and key employees, including the
        following named executive officers: </font><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">

            <tr>
              <td valign="top" width="20%" style="border-bottom: black thin solid;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>Name</strong></font></div>
              </td>
              <td valign="top" width="20%" style="border-bottom: black thin solid;">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>Number
                  of Nonqualified </strong></font></div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>Stock
                  Options Awarded</strong></font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="20%">&#160;</td>
              <td align="left" valign="top" width="20%">&#160;</td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="20%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Kevin
                  P.
                  Madden</font></div>
              </td>
              <td valign="top" width="20%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">24,600</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="top" width="20%">&#160;</td>
              <td valign="top" width="20%">&#160;</td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="20%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">R.
                  Eric
                  Martinez</font></div>
              </td>
              <td valign="top" width="20%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">19,400</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="top" width="20%">&#160;</td>
              <td valign="top" width="20%">&#160;</td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="20%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Paul
                  R.
                  Shlanta</font></div>
              </td>
              <td valign="top" width="20%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">10,300</font></div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="top" width="20%">&#160;</td>
              <td valign="top" width="20%">&#160;</td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="top" width="20%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Andrew
                  W.
                  Evans</font></div>
              </td>
              <td valign="top" width="20%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">19,400</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">The
        grants were made pursuant to the Company&#8217;s Amended and Restated Long-Term
        Incentive Plan (1999) (the &#8220;Plan&#8221;), which was filed with the Securities and
        Exchange Commission with the Company&#8217;s Quarterly Report on Form 10-Q for the
        quarter ended March 31, 2002. A form of nonqualified stock option agreement
        was
        previously filed as Exhibit 10.1 to the Company&#8217;s Current Report on Form 8-K
        dated March 15, 2005.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">The
        stock options are exercisable at a price of $35.78 per share and vest in
        accordance with the schedule set forth in the nonqualified stock option
        agreement. Subject to earlier termination as described in the Plan, the stock
        options expire ten years from the date of grant. Upon a change of control
        of the
        Company, or upon the optionee&#8217;s death, disability or retirement, all unvested
        options will become vested and exercisable. In the event of the optionee&#8217;s
        termination of employment for any reason other than death, disability or
        retirement, any portion of the option which has not become exercisable shall
        immediately terminate.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Restricted
        stock and
        performance cash unit awards for the named executive officers have not yet
        been
        finalized and will be disclosed by amendment to this report.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>Item
        8.01
</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>Other
        Events</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">On
        February 3, 2006, the Company issued a press release, attached hereto as
        Exhibit
        99.1, announcing the authorization of a share repurchase program. The share
        repurchase program authorizes management to purchase, or cause to be purchased,
        from time to time, in the open market or otherwise and in one or more
        transactions beginning on February 1, 2006 and ending no later than January
        31,
        2011, up to 8 million shares of the Company&#8217;s common
        stock.</font></div><br><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>Item
      9.01</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>Financial
      Statements and Exhibits.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" id="list" width="100%">

          <tr valign="top" style="line-height: 1.25;">
            <td align="right" style="width: 54pt;"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">(c)&#160;&#160;</font></td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Exhibits</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" width="22%" style="border-bottom: medium none;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong><u>Exhibit
                No.</u></strong></font></div>
            </td>
            <td align="left" valign="top" width="57%" style="border-bottom: medium none;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong><u>Description</u></strong></font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="22%">&#160;</td>
            <td align="left" valign="top" width="57%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="22%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">99.1</font></div>
            </td>
            <td align="left" valign="top" width="57%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Press
                release
                dated February 3, 2006 concerning share repurchase
                program.</font></div>
            </td>
          </tr>

      </table>
    </div><br>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>SIGNATURE</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Pursuant
      to the
      requirements of the Securities Exchange Act of 1934, the registrant has duly
      caused this report to be signed on its behalf by the undersigned hereunto duly
      authorized.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="top" width="35%">&#160;</td>
            <td align="left" valign="top" width="48%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><strong>AGL
                RESOURCES INC.</strong></font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="35%">&#160;</td>
            <td align="left" valign="top" width="48%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">(Registrant)</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="35%" style="border-bottom: medium none;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Date:
                February
                7, 2006</font></div>
            </td>
            <td align="left" valign="top" width="48%" style="border-bottom: medium none;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial"><u>/s/
                Paul R.
                Shlanta</u></font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="35%">&#160;</td>
            <td align="left" valign="top" width="48%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Paul
                R.
                Shlanta</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">Executive
                Vice
                President, General Counsel </font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Arial">and
                Chief
                Ethics and Compliance
                Officer</font></div>
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[{"type": "8-K", "sequence": "1", "filename": "form8k.htm", "description": "FORM 8-K", "secsgml_size_bytes": 49401}]
{"company-data": {"conformed-name": "AGL RESOURCES INC", "cik": "0001004155", "assigned-sic": "4924", "irs-number": "582210952", "state-of-incorporation": "GA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-14174", "film-number": "06586248"}, "business-address": {"street1": "TEN PEACHTREE PLACE", "city": "ATLANTA", "state": "GA", "zip": "30309", "phone": "4045844000"}, "mail-address": {"street1": "TEN PEACHTREE PLACE", "street2": "DEPT. 1109", "city": "ATLANTA", "state": "GA", "zip": "30309"}}
UNITED
                STATES
SECURITIES
                AND EXCHANGE COMMISSION
Washington,
                D.C. 20549
FORM
                8-K
CURRENT
                REPORT
PURSUANT
                TO SECTION 13 OR 15(d)
OF
THE
                SECURITIES EXCHANGE ACT OF 1934
Date
                of Report
                (Date of earliest event reported): February 1, 2006
AGL
                RESOURCES INC.
(Exact
                name of
                registrant as specified in its charter)
Georgia
1-14174
58-2210952
(State
                or
                other jurisdiction of incorporation)
(Commission
                File No.)
(I.R.S.
                Employer Identification No.)
Ten
                Peachtree Place NE, Atlanta, Georgia 30309
(Address
                and
                zip code of principal executive offices)
404-584-4000
(Registrant's
                telephone number, including area code)
Not
                Applicable
(Former
                name
                or former address, if changed since last report)
Check
                the
                appropriate box below if the Form 8-K filing is intended to simultaneously
                satisfy the filing obligation of the registrant under any of the
                following
                provisions:
[ 
]
                Written communications pursuant to Rule 425 under the Securities
                Act (17
                CFR 230.425)
[ 
]
                Soliciting material pursuant to Rule 14a-12 under the Exchange Act
                (17 CFR
                240.14a-12)
[ 
]
                Pre-commencement communications pursuant to Rule 14d-2(b) under the
                Exchange Act (17 CFR 240.14d-2(b))
[
 ]
                Pre-commencement communications pursuant to Rule 13e-4(c) under the
                Exchange Act (17 CFR 240.13e-4(c))
Item
        1.01
Entry
        into a
        Material Definitive Agreement.
General
Each
        year, the
        Compensation and Management Development Committee ("C&MD Committee") of the
        Board of Directors of AGL Resources Inc. sets base salary and target levels
        for
        annual incentive pay and long-term incentives for AGL Resources' executive
        officers. For benchmarking executive compensation practices and levels, the
        C&MD Committee reviews data from the AGL Resources' proxy peer group of
        natural gas service providers and a published compensation survey of energy
        service industry companies, which is provided by the C&MD Committee's
        independent consultant.
Base
        Salary
On
        February 1, 2006, the C&MD Committee reviewed and set base salaries for
        executive officers for 2006. In reviewing base salaries, the C&MD Committee
        considered pay for comparable positions reported in the market data described
        above, tenure in position, increased scope of responsibilities in light of
        AGL
        Resources' substantial growth in the previous year, performance, retention and
        other considerations. The base salary for Kevin P. Madden, the executive
        vice
        president, external affairs, will remain at $380,000; the base salary for
        R.
        Eric Martinez, the executive vice president, utility operations, will remain
        at
        $300,000; the base salary for Paul R. Shlanta, the executive vice president,
        general counsel and chief ethics and compliance officer, was increased from
        $300,000 to $310,000; and the base salary for Andrew W. Evans, the senior
        vice
        president and chief financial officer, will remain at $300,000. These four
        officers, together with AGL Resources' former chief executive officer who
        resigned from AGL Resources effective as of December 31, 2005, are AGL
        Resources' "named executive officers" for 2006. The base salaries for the four
        above-named executive officers for 2006 were approved by the C&MD Committee
        but are not otherwise set forth in a written agreement between AGL Resources
        and
        the executives.
Executive
        Performance Incentive Plan and Annual Incentive Plan
AGL
        Resources' annual incentive compensation program for the named executive
        officers consists of the executive performance incentive plan ("EPIP") and the
        annual incentive plan ("AIP"). The annual incentive compensation program gives
        weight to both corporate and individual performance.
How
        the EPIP
        and AIP work.
Under
        the EPIP, the
        C&MD Committee establishes objective performance measures from among a list
        of eligible measures set forth in the plan, and those performance measures
        must
        be met or exceeded in order for the named executive officers to receive a
        payout. The C&MD Committee reviews the actual performance at the end of each
        year, compares it with the predetermined goals, and certifies the results
        under
        the plan. In order to attempt to maximize the deductibility, for federal
        income
        tax purposes, of corporate performance awards made to the named executive
        officers, the corporate performance portion of the named executive officers'
annual incentive awards, which constitutes 75% of their total incentive
        opportunity, is covered under the shareholder-approved EPIP.
Annual
        incentive
        compensation under the AIP, which also applies to eligible employees below
        the
        named executive officer level, is based on corporate, business unit and
        individual performance measures. For the named executive officers, only the
        AIP's individual performance measure is applied for the remaining 25% of the
        named executive officers' total incentive opportunity (which is not eligible for
        the federal income tax deductibility exemption under Section 162(m) of the
        Internal Revenue Code of 1986, as amended).
Under
        the annual
        incentive compensation program, each participant has a target annual incentive
        compensation opportunity, expressed as a percentage of earned base salary
        during
        the fiscal year. On February 1, 2006, the C&MD Committee approved target
        annual incentive compensation opportunities for 2006, expressed as a percentage
        of 2006 annual base salary, for each of AGL Resources' named executive officers,
        other than the former chief executive officer. For 2006, the incentive target
        level for Mr. Evans was increased from 50% to 60% of annual base salary and
        will
        remain the same for all other named executive officers, which is 60% for
        Messrs.
        Madden and Martinez and 50% for Mr. Shlanta.
As
        noted above, annual incentive compensation for the named executive officers
        is
        calculated using the following weights: 75% corporate performance score,
        which
        is based on the earnings per share ("EPS") benchmarks described below, (covered
        under the EPIP) and 25% individual performance score (covered under the AIP).
        To
        determine a named executive officer's annual incentive compensation, 75% of the
        individual named executive officer's incentive target is multiplied by the
        corporate performance score and 25% is multiplied by his or her individual
        performance score. Maximum awards for the named executive officers may be
        up to
        200% of their overall target annual incentive compensation opportunity.
On
        February 1, 2006, the C&MD Committee established the corporate EPS
        performance measures for the 2006 performance measurement period. The corporate
        EPS goals under the AIP and the EPIP for 2006 are:
Earnings
                  Per Share Goal
Corporate
                  Performance Score
$2.58*
50%
$2.60
75%
$2.63
100%
$2.65
150%
$2.68
200%
*The
        Company must
        meet or surpass a corporate EPS goal of $2.58 for the year ending December
        31,
        2006 in order for any payment to be made under the AIP or EPIP.
The
        EPS goal is established by the C&MD Committee solely for the purposes of
        performance measurement under the annual incentive compensation program and
        should not be considered an update to previously provided earnings
        guidance.
Certain
        additional
        terms of the annual incentive plan for 2006 have not yet been finalized and
        will
        be provided by amendment to this report.
Long-Term
        Incentive Grants
On
        February 1, 2006, the C&MD Committee approved stock option grants to certain
        of its executive officers, other officers and key employees, including the
        following named executive officers:
Name
Number
                  of Nonqualified
Stock
                  Options Awarded
Kevin
                  P.
                  Madden
24,600
R.
                  Eric
                  Martinez
19,400
Paul
                  R.
                  Shlanta
10,300
Andrew
                  W.
                  Evans
19,400
The
        grants were made pursuant to the Company's Amended and Restated Long-Term
        Incentive Plan (1999) (the "Plan"), which was filed with the Securities and
        Exchange Commission with the Company's Quarterly Report on Form 10-Q for the
        quarter ended March 31, 2002. A form of nonqualified stock option agreement
        was
        previously filed as Exhibit 10.1 to the Company's Current Report on Form 8-K
        dated March 15, 2005.
The
        stock options are exercisable at a price of $35.78 per share and vest in
        accordance with the schedule set forth in the nonqualified stock option
        agreement. Subject to earlier termination as described in the Plan, the stock
        options expire ten years from the date of grant. Upon a change of control
        of the
        Company, or upon the optionee's death, disability or retirement, all unvested
        options will become vested and exercisable. In the event of the optionee's
        termination of employment for any reason other than death, disability or
        retirement, any portion of the option which has not become exercisable shall
        immediately terminate.
Restricted
        stock and
        performance cash unit awards for the named executive officers have not yet
        been
        finalized and will be disclosed by amendment to this report.
Item
        8.01
Other
        Events
On
        February 3, 2006, the Company issued a press release, attached hereto as
        Exhibit
        99.1, announcing the authorization of a share repurchase program. The share
        repurchase program authorizes management to purchase, or cause to be purchased,
        from time to time, in the open market or otherwise and in one or more
        transactions beginning on February 1, 2006 and ending no later than January
        31,
        2011, up to 8 million shares of the Company's common
        stock.
Item
      9.01
Financial
      Statements and Exhibits.
(c)
Exhibits
Exhibit
                No.
Description
99.1
Press
                release
                dated February 3, 2006 concerning share repurchase
                program.
SIGNATURE
Pursuant
      to the
      requirements of the Securities Exchange Act of 1934, the registrant has duly
      caused this report to be signed on its behalf by the undersigned hereunto duly
      authorized.
AGL
                RESOURCES INC.
(Registrant)
Date:
                February
                7, 2006
/s/
                Paul R.
                Shlanta
Paul
                R.
                Shlanta
Executive
                Vice
                President, General Counsel
and
                Chief
                Ethics and Compliance
                Officer