CV Central Vermont Public Service Corp.

Central Vermont Public Service (NYSE: CV) will release its first quarter earnings before the stock market opens on Wednesday, May 10, 2006. Beginning this quarter, CVPS is instituting the practice of releasing earnings reports shortly after the company files its Form 10-Q or 10-K with the Securities and Exchange Commission. The company will host a conference call and webcast on Thursday, May 11, 2006, beginning at 2 p.m. EDT. At that time, CVPS President and CEO Robert Young will discuss recent corporate developments, the company's strategic outlook and 2006 earnings guidance. Acting Chief Financial Officer Eddie Ryan will present financial results from the first quarter. Interested parties may listen to the conference call live on the Internet by selecting the "Q1 2006 Central Vermont Public Service Earnings Conference Call" link on CVPS's homepage at www.cvps.com. An audio archive of the call will be available at approximately 4:00 p.m. EDT at the same location or by dialing 1-888-286-8010 and entering passcode 24311247. CVPS is Vermont's largest electric utility, serving more than 151,000 customers statewide. CVPS's non-regulated subsidiary, Eversant Corporation, sells and rents electric water heaters through a subsidiary, SmartEnergy Water Heating Services.