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WASHINGTON WATER POWER RECEIVES REGULATORY APPROVAL FOR STOCK SPLIT

 SPOKANE, Wash., Oct. 14, /PRNewswire/ -- The Washington Water Power (NYSE: WWP) announced today that it has received final regulatory approval to issue a two-for-one split of WWP common stock. Regulators in Washington, Idaho, Oregon and California -- the states that comprise the company's service area -- all approved the stock split. WWP's board of directors previously approved the split on July 30, 1993.
 The split will be effective for all shareholders of record as of Oct. 25. The company will serve as the disbursing agent. The distribution will be made on Nov. 9.
 The split will return WWP's stock price to a level that is in line with similar utilities, and will also allow investment in the company's stock to be attractive to a broad range of investors.
 The company's current common stock cash dividend of 62 cents per share would equal 31 cents per share after the two-for-one stock split. The company's directors review dividends quarterly, and the next board review of the company's common stock dividend will be in early November.
 Those who need additional information on the stock split should call WWP's shareholder services department at 509-489-0500, ext. 2174, or 800-727-9170.
 -0- 10/14/93
 /CONTACT: Media contact, Patrick Lynch, 509-482-4246, or Analyst/Broker contact, Diane Thoren 509-482-4331, both of Washington Water Power/
 (WWP)


CO: Washington Water Power Co. ST: Washington IN: UTI SU:

IC -- SE002 -- 2223 10/14/93 12:10 EDT
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Publication:PR Newswire
Date:Oct 14, 1993
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