SPOKANE, Wash., Feb. 13 /PRNewswire-FirstCall/ -- Avista Corp.'s (NYSE:AVA) board of directors has declared a quarterly dividend of $0.14 per share on the company's common stock. A quarterly dividend of $1.73750 per share was declared on all outstanding shares of preferred stock Series K. The common and preferred stock dividends are payable March 15, 2006, to shareholders of record at the close of business on Feb. 24, 2006. (Logo: http://www.newscom.com/cgi-bin/prnh/20040128/SFW031LOGO ) Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is a company operating division that provides service to 330,000 electric and 285,000 natural gas customers in three western states. Avista's non-regulated subsidiaries include Avista Advantage and Avista Energy. Avista Corp.'s stock is traded under the ticker symbol "AVA." For more information about Avista, please visit http://www.avistacorp.com/. Avista Corp. and the Avista Corp. logo are trademarks of Avista Corporation. First Call Analyst: FCMN Contact: debbie.simock@avistacorp.com http://www.newscom.com/cgi-bin/prnh/20040128/SFW031LOGO http://photoarchive.ap.org/ DATASOURCE: Avista Corporation CONTACT: Media: Jessie Wuerst, +1-509-495-8578 or , or Investors: Jason Lang, +1-509-495-2930 or , both of Avista Corporation; or Avista 24/7 Media Access, +1-509-495-4174 Web site: http://www.avistacorp.com/

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