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WWP BOARD DECLARES COMMON AND PREFERRED DIVIDENDS

 SPOKANE, Wash., Nov. 5 /PRNewswire/ -- The board of directors of The Washington Water Power Co. (NYSE: WWP) today declared a post-stock-split quarterly dividend of 31 cents per share on the company's common stock. This dividend reflects the recently approved two-for-one split of WWP's common stock. The pre-stock-split dividend was 62 cents per share. The dividend is payable Dec. 15, 1993, to shareholders of record at the close of business on Nov. 23, 1993.
 In mid-October, WWP received final regulatory approval to issue a two-for-one split of the company's common stock. WWP's directors had previously approved the split on July 30, 1993. The split was effective for shareholders of record as of Oct. 25, 1993. The company will serve as the disbursing agent. The distribution will be made on Nov. 9, 1993.
 A regular quarterly dividend of $2.1563 per share was also declared on all outstanding shares of the company's Preferred Stock Series I, and a quarterly dividend of $1.73750 per share was declared on all outstanding shares of Preferred Stock Series K.
 -0- 11/5/93
 /CONTACT: Patrick Lynch of Washington Water Power, 509-482-4246/
 (WWP)


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

JH -- SE009 -- 1303 11/05/93 15:03 EST
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Publication:PR Newswire
Date:Nov 5, 1993
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