Sierra Pacific's Board of Directors Declares Quarterly Dividend

Sierra Pacific Resources reported that its Board of Directors has declared a cash dividend of 8 cents per share, payable on March 12, 2008, to common shareholders of record on Feb. 22, 2008.

Headquartered in Nevada, Sierra Pacific Resources is a holding company whose principal subsidiaries are Nevada Power Company, the electric utility for most of southern Nevada, and Sierra Pacific Power Company, the electric utility for most of northern Nevada and the Lake Tahoe area of California. Sierra Pacific Power Company also distributes natural gas in the Reno-Sparks area of northern Nevada.

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