Carl C. Icahn Issues Open Letter to Southwest Gas Board of Directors

CARL C. ICAHN

16690 Collins Avenue, Suite PH-1

Sunny Isles Beach, FL 33160

To the Board of Directors of SWX:

We believe you have just placed $400 million of shares into friendly hands at the bargain basement price of $74 per share. We believe you think that the new ~9% of shares might well swing the election in your favor and you are probably right. This pl…