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Noticeof Declarationof Common Stock Dividend

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RUTLAND, VT--(Marketwire - February 14, 2011) - On February 14, 2011 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 13, 2011 to stockholders of record at the close of business May 3, 2011.