American States Water Company shareholders elect directors

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SAN DIMAS, Calif., April 24, 2001 — At the Annual Meeting of American States Water Company, shareholders today elected James L. Anderson, Anne M. Holloway and Floyd E. Wicks as Class I directors to serve for a two-year term.

These individuals join Jean E. Auer, N.P. Dodge, Jr., Robert F. Kathol and Lloyd E. Ross, all of whom are serving as Class II directors until 2002.

In other actions, shareholders ratified the appointment of Arthur Andersen LLP as the Company's independent public accountants for 2001.

American States Water Company is a holding company that, through its subsidiaries, provides water service to 1 out of 30 Californians located within 75 communities throughout 10 counties in Northern, Coastal and Southern California and to approximately 11,000 customers in the city of Fountain Hills, Arizona and portions of Scottsdale, Arizona.

The Company distributes electricity to approximately 22,000 customers in the Big Bear recreational area of California and contracts with various municipalities in both California and Arizona to provide services to an additional 90,000 customers.

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