CV Central Vermont Public Service Corp.

On March 1, 2010 the Central Vermont Public Service Corporation (NYSE: CV) Board of Directors approved the following resolution:

RESOLVED:    That out of reserved and unrestricted earnings of the Company a
             quarterly dividend at the rate of twenty-three cents ($.23) per
             share is hereby declared on the issued and outstanding shares of
             Common Stock, $6 Par Value, payable May 14, 2010 to stockholders
             of record at the close of business May 4, 2010.

Contact: Steve Costello (802) 747-5427 (802) 742-3062 (pager)