Avista Corp. Board Declares Common Stock Dividend

SPOKANE, Wash., May 9 /PRNewswire-FirstCall/ -- Avista Corp.'s NYSE: AVA board of directors has declared a quarterly dividend of $0.165 per share on the company's common stock. The common stock dividend is payable June 13, 2008, to shareholders of record at the close of business on May 22, 2008.

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Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is our operating division that provides service to 352,000 electric and 311,000 natural gas customers in three Western states. Avista's primary, non-regulated subsidiary is Advantage IQ. Our stock is traded under the ticker symbol "AVA." For more information about Avista, please visit http://www.avistacorp.com.

Avista Corp. and the Avista Corp. logo are trademarks of Avista Corporation.

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