Central Vermont Public Service Declares Common Stock Dividend.

RUTLAND, Vt. -- On Jan. 15, 2007, the board of directors of Central Vermont Public Service (NYSE: CV) declared a quarterly dividend of 23 cents per share on the outstanding common stock, $6 par value, payable Feb. 15, 2007 to stockholders of record at the close of business Jan. 31, 2007.

CVPS is Vermont's largest electric utility, serving more than 154,000 customers statewide. The company's non-regulated subsidiary, Catamount Resources Corporation, sells and rents electric water heaters through a subsidiary, SmartEnergy Water Heating Services.