SOURCE: Atlas America, Inc.

April 23, 2008 08:42 ET

Atlas America, Inc. Declares Cash Dividend of $0.05 per Share

PHILADELPHIA, PA--(Marketwire - April 23, 2008) - Atlas America, Inc. (NASDAQ: ATLS) ("the Company") announced today that its Board of Directors has declared a cash dividend of $0.05 per share of common stock, payable on Tuesday, May 20, 2008, to shareholders of record on Wednesday, May 7, 2008.

Atlas America, Inc. owns an approximate 48% common unit interest and all of the Class A and management incentive interests in Atlas Energy Resources, LLC (NYSE: ATN), and a 64% interest in Atlas Pipeline Holdings, L.P. (NYSE: AHD), a limited partnership which owns the general partner interest in Atlas Pipeline Partners, L.P. (NYSE: APL), and all the incentive distribution rights and 5.5 million common units of APL. For more information, please visit our website at www.atlasamerica.com, or contact Investor Relations at bbegley@atlasamerica.com.

Contact Information

  • Contact:
    Brian Begley
    Investor Relations
    Atlas America, Inc.
    1845 Walnut St. - Suite 1000
    Philadelphia, PA 19103
    (215) 546-5005
    (215) 553-8455 (fax)