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El Paso Electric Declares Dividend

July 28, 2011

EL PASO, Texas--(BUSINESS WIRE)-- The Board of Directors of El Paso Electric (NYSE:EE) today declared a quarterly cash dividend on its common stock of $0.22 per share. The dividend is payable on September 30, 2011 to shareholders of record on September 15, 2011.

El Paso Electric is a regional electric utility providing generation, transmission and distribution service to approximately 379,000 retail and wholesale customers in a 10,000 square mile area of the Rio Grande valley in west Texas and southern New Mexico. El Paso Electric has a net dependable generating capability of 1,791 MW. El Paso Electric's common stock trades on the New York Stock Exchange under the symbol EE.

El Paso Electric
Teresa Souza, 915-543-5823
Rachelle Williams, 915-543-2257

Source: El Paso Electric

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