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Avista Corp. Board Declares Common Stock Dividend

Spokane, Wash.: SPOKANE, Wash. – Nov. 9, 2007, 1:30 p.m. PT: Avista Corp.’s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.15 per share on the company’s common stock. The common stock dividend is payable Dec.14, 2007, to shareholders of record at the close of business on Nov. 29, 2007.

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 348,000 electric and 305,000 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 www.avistacorp.com.

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

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