Central Vermont Public Service Declares Quarterly Dividend.

RUTLAND, Vt. -- On Jan. 10, 2005, 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, 2005 to stockholders of record at the close of business Jan. 31, 2005.

CVPS is Vermont's largest electric utility, serving over 150,000 customers statewide. The Company's two non-regulated subsidiaries include Catamount Energy Corporation and Eversant Corporation. Catamount invests in non-regulated energy generation projects in the United States and United Kingdom with a current focus on developing, owning and operating wind energy projects. Eversant sells and rents electric water heaters through a subsidiary, SmartEnergy Water Heating Services.