Connecticut Water Service, Inc. declares quarterly dividend

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CLINTON, Conn., Jan. 10, 2001 (BUSINESS WIRE)—Connecticut Water Service, Inc. (NASDAQ:CTWS) announces a $.30 quarterly dividend on its Common Shares for holders of record as of March 1, 2001.

The dividend payable date is March 15, 2001.

The company increased the quarterly dividend on its common shares in August 2000 and has a record of 31 consecutive years of dividend increases.

The company also announced quarterly dividends on its preferred

issues:

— $.20 on Preferred A Shares, payable on April 16, 2001 for holders of record as of April 2, 2001.

— $.225 on Preferred 90 Shares, payable May 1, 2001 for holders of record as of April 18, 2001.

Connecticut Water Service, Inc. is Connecticut's largest publicly-traded water utility. Through its subsidiaries, the company provides water service to over 243,000 people in 39 towns throughout Connecticut and provides water management services to industries and municipalities.

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