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Avista Corp. Board Declares Common Stock Dividend

SPOKANE, Wash., May 9 // -- 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.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040128/SFW031LOGO)

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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SOURCE: Avista Corp.

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